A Look Inside the $1 Million Auction of Paul Allen’s Art Collection – BNN Bloomberg RS News

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(Bloomberg) — Details of what could be the most expensive single-owner auction in history are starting to take shape.

On Wednesday evening, Christie’s announced the highlights from the late Microsoft co-founder Paul Allen’s estate, whose approximately 150 works of art are expected to fetch more than $1 billion. Allen died in 2018.

Topping the list is a Cézanne estate with an estimate of “over” $120 million. The Van Gogh landscape and the Seurat interior are both estimated at $100 million. Together, the estimates for the top 10 paintings announced by the auction house totaled $765 million.

The sale, which will go to charity, will be the most extreme test of the art market, but comes at a time of deep uncertainty in global financial markets. The quality and rarity of Allen’s artworks is unquestionable; the prices, however, are high enough to give even billionaires pause.

The auction will take place in New York in two parts – an evening sale on November 9, and a morning sale on November 10. Check out some of the highlights and estimates (all labeled “extreme”) below.

$120 Million for La montagne Sainte-Victoire (1888-1890) by Paul Cézanne

$100 Million for Verger avec Cyprès (1888) by Vincent Van Gogh

$100 Million for Les Poseuses, Ensemble (Petite version) (1888) by Georges Seurat

$90 Million for Birch Forest (1903) by Gustav Klimt

$90 Million for Maternité II (1899) by Paul Gauguin

$75 Million for Large Interior, W11 (after Watteau) (1981-1983) by Lucian Freud

$60 Million for Waterloo Bridge, Soleil Voilé (1899-1903) by Claude Monet

$50 Million for Le Grand Canal à Venise (1874) by Edouard Manet

$50 Million for Small False Start (1960) by Jasper Johns

$28 Million for Concarneau, calme du matin (Opus no. 219, larghetto) (1891) by Paul Signac

$25 Million for Three Studies for Self-Portrait (1979) by Francis Bacon

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