Art to earn millions at London auctions

A painting by Rene Magritte called ‘Le Therapeute’ is among two dozen modern and surrealist art works amassed by a private collector, including important paintings by Joan Miro and Rene Magritte. The collection is expected to earn $100 million dollars at a London auction.Associated Press
A painting by Rene Magritte called ‘Le Therapeute’ is among two dozen modern and surrealist art works amassed by a private collector, including important paintings by Joan Miro and Rene Magritte. The collection is expected to earn $100 million dollars at a London auction.
Associated Press
By Sylvia Hui
Associated Press

LONDON — Two dozen modern and surrealist art works amassed by a private collector, including important paintings by Joan Miro and Rene Magritte, are expected to fetch at least $100 million when they go on auction on Feb. 4 in London next year.

The collection, from an anonymous European collector who bought the art over almost half a century ago, contains eight surrealist paintings by Magritte — the most impressive group of the artist’s work to come to the market in recent years.

It also includes works by Pablo Picasso, Amedeo Modigliani and Alberto Giacometti.

“Every work was carefully selected. There’s no fluff in here — it’s all hard-hitting quality,” said Olivier Camu, a modern art expert at Christie’s auction house.

The most valuable of the 24 works is a large oil painting on canvas by Miro, estimated to fetch $10.9 million to $14.1 million. The colorful 1953 painting, with a French title that translates as “The bird with the fully spread-out feathers flies toward the silvery tree,” evokes a dream world, with two abstract creatures beneath a moon and stars.

“It’s one of the most extraordinary and beautiful Miros,” Camu said.