De Kooning, Richter highlighting Christie’s art auction
NEW YORK — A large painting from one of Willem de Kooning’s most productive periods could be sold for as much as $40 million at Christie’s auction of contemporary art.
Christie’s predicts that “Untitled XXV” will set a new auction record for a work by the abstract expressionist artist at its sale Tuesday evening in New York. When the painting was auctioned in 2006, it sold for $27.1 million, then a record for any work of post-war and contemporary art.