“Woman in Blue” by Leger May Fetch $45 mn at Sotheby’s
An elite painting by 20th Century French artist Fernand Leger is all set to undergo a hammer for $45 million at New York based Sotheby’s impressionist sale scheduled for 7 May. “Etude pour La Femme en Bleu” (1912-13) is a brew of arithmetical shapes hued in blue and white with intonations of pale yellow, red and black. The canvas dates back to the family compilation of German collector Hermann Lange, who purchased it from Galerie Neumann-Nierendorf in Berlin in 1920s. If this painting happened to fall near the expected sale i.e. $35-$45 million, then it would top the lot of the evening sale that would in total count to be $284 million. Leger’s earlier record was set in 2003 when his 1914 painting fetched him $22.4 million at Christie’s International in New York.
Via Bloomberg
