{"id":1669,"date":"2022-09-19T10:29:51","date_gmt":"2022-09-19T02:29:51","guid":{"rendered":"https:\/\/www.atelierauction.com\/globalupdates\/?p=1669"},"modified":"2022-09-19T10:29:51","modified_gmt":"2022-09-19T02:29:51","slug":"heirs-of-willem-de-kooning-to-auction-three-works-expected-to-fetch-50-m","status":"publish","type":"post","link":"https:\/\/www.atelierauction.com\/globalupdates\/artist\/heirs-of-willem-de-kooning-to-auction-three-works-expected-to-fetch-50-m\/","title":{"rendered":"Heirs of Willem De Kooning to Auction Three Works Expected to Fetch $50 M."},"content":{"rendered":"<p class=\"paragraph larva \/\/ a-font-body-m     \">Three paintings from the collection of Willem\u00a0de Kooning\u2019s heirs will debut at auction this fall. The works are expected to fetch a collective $50 million at Sotheby\u2019s.<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">The three <a href=\"https:\/\/www.atelierauction.com\/globalupdates\/\">large-scale<\/a> works, each of which the abstract expressionist painter produced between the 1960s and the 1980s, will be offered during a contemporary art evening sale this November at the auction house\u2019s New York headquarters.<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \"><a href=\"https:\/\/www.atelierauction.com\/globalupdates\/\"><em>Montauk II<\/em>\u00a0<\/a>(1969), a blue, green and white-hued painting, one of five known<em>\u00a0<\/em>paintings from the eponymous series created the same yea,r will be offered during the sale. It carries an estimate of $10 million to $15 million.<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">In a statement, the artist\u2019s grandchildren described being familiar with the work throughout their lives. \u201cIt was a window,\u201d members of the the de Kooning family said. \u201cWe had the sea in the studio.\u201d<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">Another untitled canvas produced in 1979 that features deKooning\u2019s gestural style of painting is estimated at $30 million to $40 million. For the third work,\u00a0<a href=\"https:\/\/www.facebook.com\/AtelierAuctionsg\"><em>The Hat Upstairs<\/em><\/a>\u00a0(1987), which features red and orange brush strokes against a white-ground, the New York sale will mark the first time it will be seen in a public venue. It is expected to fetch a price of $8 million to $12 million.<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">Lisa Dennison, Sotheby\u2019s Americas chairman,\u00a0described the three works as showcasing an \u201c<a href=\"https:\/\/www.facebook.com\/AtelierAuctionsg\">evolution<\/a>\u201d in de Kooning\u2019s practice over the course of three decades. The artist completed each of the three paintings in his East Hampton studio at a home he designed and resided in from the 1960s up until his\u00a0death in 1997.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Source: https:\/\/www.artnews.com\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three paintings from the collection of Willem\u00a0de Kooning\u2019s heirs will debut at auction this fall. The works are expected to fetch a collective $50 million at Sotheby\u2019s. The three large-scale works, each of which the abstract expressionist painter produced between the 1960s and the 1980s, will be offered during a contemporary art evening sale this [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,13,7,4,3],"tags":[],"class_list":{"0":"post-1669","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artist","8":"category-auction","9":"category-events","10":"category-gallery","11":"category-latest-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Heirs of Willem De Kooning to Auction Three Works Expected to Fetch $50 M. - Investable Art Auctioneer<\/title>\n<meta name=\"description\" content=\"Three paintings from the collection of Willem\u00a0de Kooning\u2019s heirs will debut at auction this fall. 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