Piet Mondrian's 1920 abstract painting "Composition III" is going up for auction at Christie's in London in October. The estimated price range is £20-30 million, with the goal of setting a new record for the artist. This painting has not been seen publicly in over 25 years and marks an important shift in Mondrian's style as he moved from traditional landscapes to pure abstraction. The last similar work by Mondrian sold at auction was in 2009 for $51 million.
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Story summary
A 1920 painting by Dutch master Piet Mondrian, called Composition III, is going up for auction at Christie's in London this October as part of Frieze Week. The abstract work has not been seen in public for more than 25 years and is expected to fetch between £20m and £30m. This sale is significant because it marks a pivotal moment in Mondrian's career, where he transitioned from traditional landscapes to pure abstraction. Works from this period are rare at auction, with the last one selling in 2009. Christie's hopes that this painting will set a new record for the artist, which currently stands at $51m. The painting features bold blocks of primary color and straight black lines, characteristic of Mondrian's signature neoplastic style.
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A rare 1920 painting by Dutch master Piet Mondrian, Composition III, is set to go under the hammer at Christie’s in London this October.
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painting → set → London
The abstract work, unseen in public for more than 25 years, is expected to fetch between £20m and £30m during the auction house’s Frieze Week sale.
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work → expect → sale
The video shows an art handler adjusting the canvas in a hidden gallery at Christie’s.
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handler → show → Christie
Close-ups reveal the bold blocks of primary colour and straight black lines that define Mondrian’s signature neoplastic style.
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that → reveal → style
The piece marks a pivotal moment as the artist moved from traditional landscapes to pure abstraction.
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artist → mark → abstraction
Works from this period rarely appear at auction.
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Works → appear → auction
The last one sold in 2009, making this a rare chance to buy a key work.
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this → sell → work
Christie’s hopes the painting will set a new record for the artist, though the current high stands at $51m.
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high → hop → 51