What is the story about?
What's Happening?
Christie's is set to auction three early paintings by Lucian Freud, with a combined estimated value of £13 million to £20 million. The paintings, which have been part of a private collection for many years, showcase Freud's evolving style over three decades. The works include 'Woman with a Tulip' (1944), 'Self-portrait Fragment' (around 1956), and 'Sleeping Head' (1961-71). These pieces have been exhibited in major shows worldwide, including Washington, Paris, London, and Berlin. The auction is scheduled for October 15 in London.
Why It's Important?
The auction of these paintings is significant for the art market, as it highlights the enduring appeal and value of Lucian Freud's work. Freud's paintings are rare, especially early works, which are often held in public institutions. The sale could attract global interest from collectors and institutions, potentially setting new records for Freud's work. The auction also reflects the broader trends in the art market, where historical and iconic works continue to command high prices.
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