Piet Mondrian's signature black grid lines and bright-colored squares are among the most striking images of abstract art. Now, one of his most valuable paintings is going on sale and is expected to reach more than $50 million.
"Composition No. II," which features Mondrian's artistic hallmarks, is going on auction at Sotheby's on November 14.
"Quintessential works by Piet Mondrian rarely come to auction as many are housed in the most prestigious museum collections around the world," Julian Dawes, head of Impressionist and Modern Art, Americas at Sotheby's, said in a statement Thursday. The painting, created in 1930, was last auctioned in 1983. It is one of only three to feature the dominant red square at the upper right, Sotherby's said. The other two artworks with this feature are smaller in size and held in museum collections.
"Composition No. II" is one of only three of the artist's works to feature the dominant red square at the upper right.Mondrian moved to Paris early in 1912 after being impressed by the early Cubist work of Pablo Picasso and Georges Braque. There, he began to experiment with the abstract and fragmented way of representing reality. He increasingly used only vertical and horizontal lines.
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