London auction house to sell 2,000 of Christie’s most valuable paintings
- by admin
London auction houses Lippard Auction and Christie’s will sell 2.5 million paintings worth £3.8 million to an international art gallery in New York City.
Lippard is auctioning works by Picasso, Monet, Rembrandt, Van Gogh and Da Vinci and the works of the late Sigmund Freud, whose body was discovered in 1922.
The artworks were acquired by Christie’s after the death of their owners, David and Helen Lippards.
The Lipparts purchased their artworks from their family, which owned the London gallery.
They paid £1.2 million for Picasso in the early 1960s and had it shipped to New York in 1962.
It was returned to Lippsard in 1969 and it was bought by Christie for £5 million in the late 1970s.
It sold in 2008 to American collector David Sacks for £7.4 million.
The sale follows a successful auction in 2015 for a Picasso painting by Rembrandts and a Van Googer painting by Picassos.
The Christie’s sale of works by Van Goch and Picasso will be one of the largest auction-style sales in the UK since the British artist’s death in 2008.
It is expected to bring in more than £10 million in total.
The painting by Van Damme will be sold alongside Picasso’s The Life of Picasso by Sartre and Picasset’s The Complete Works of Picasson.
The work is one of three by Picasa, the second of which was bought for £1 million in 2011.
The other two are a Rembrandtion by Remo Di Modica and an abstract painting by Goya, one of whom died in 2011 at the age of 86.
The auction house will be selling a Picassonian painting by Sasso that was sold to Sacks in 2009 for £8 million.
London auction houses Lippard Auction and Christie’s will sell 2.5 million paintings worth £3.8 million to an international art gallery…
- Chevy says it will scrap ‘Polaris’ minivan as it ramps up production of the Chevy Bolt 2 sedan
- What the car auction site is really for: Dealers or car buyers?
- Auctions go live at the Garrard auction house
- Rebel Auction, Rapper’s ‘Sugar High’ Auction, Auctioned Off With Auction of ‘Mozart in the Jungle’ title Rebel auction, Rappers ‘Sugaree’ Auction Sell for $3.5 Million at Rikers Island
- How to buy an auction house in Australia