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Thursday, 10 October 2013 17:28

Rare de Kooning Painting Heads to Sotheby’s

Willem de Kooning's 'Untitled V,' 1975. Willem de Kooning's 'Untitled V,' 1975. Sotheby's

A painting by Willem de Kooning from a rare and celebrated series will head to Sotheby’s Contemporary Art Evening Sale on November 13, 2013 in New York. Executed in 1975, Untitled V is the prime example from the critical phase when de Kooning returned to painting after a period of sculpture-driven work. The painting has not been seen in public since 1980 and will go on view in London on October 12, 2013 before appearing in New York on October 31, 2013. Untitled V is expected to fetch anywhere from $25 million to $35 million.

The original series that Untitled V was a part of was created in six months exhibited at the Fourcade, Droll gallery in New York. The paintings stunned audiences with their explosive color palettes and wide variety of masterful brushstrokes. Tobias Meyer, Worldwide Head of Contemporary Art at Sotheby’s, said, “The unveiling of Untitled V and the other Fourcade gallery exhibition paintings in the autumn of 1975 marked the renaissance of Willem de Kooning. Today, the force of the work is as powerful and affecting as it was forty years ago.”

The auction record for any de Kooning works was set at Christie’s New York in 2006 when Untitled XXV (1977) sold for $27.1 million. The painting also set the record for the highest price paid for a Post-War work at the time.

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