Richter, Twombly and Basquiat works lead Sotheby's sale

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2015-06-26 11:26:59

Major works by Gerhard Richter, Cy Twombly and Jean-Michel Basquiat will lead a Sotheby's sale in London next month.

The Post-War and Contemporary Evening Auction on February 11 will offer 64 artworks, with a combined estimate in excess of £95 million.

Expected to achieve the highest price is Gerhard Richter’s 'Vierwaldstätter See (Lake Lucerne)', a view of the famous Swiss lake painted by the German artist in 1969. Having been exhibited in the Grand Art Exhibition at the Haus der Kunst Munich, it was later acquired by a collector in 1973 and has remained in the same private collection ever since. Christie's has declined to place an estimate on the work, but many believe it could sell for upwards of £15 million.

The landscape is one of four Richter works on offer in London; Karmin (Carmine) painted in 1994 is estimated at £9-£14 million, and two of his iconic Abstraktes Bild paintings, dating from 1986 and 1990, are estimate at £1-£1.5 million and £3.5-£4.5 million respectively.

Big things are also expected for one of Cy Twombly's seminal blackboard paintings, dating from 1970. In November 2014, a similar work from the same year set an auction record for the American artist when it sold in New York for $69 million, and Christie's will be hoping for a similar outcome in London.

Further highlights will include a rare work by Jean-Michel Basquiat, entitled Three Delegates. Executed in 1982, the canvas depicting a dramatic skull-like head was inspired by a childhood visit to the United Nations, and will be offered with an estimate of £5-£6 million.

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