See inside the $1 billion sale of Paul Allen’s art collection – BNN Bloomberg IG News

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(Bloomberg) — The details of what could be the most expensive single-owner auction in history are beginning to take shape.

On Wednesday evening, Christie’s announced the wealth of the late Microsoft co-founder Paul Allen, whose nearly 150 artworks are estimated to bring in more than $1 billion. Allen died in 2018.

At the top of the list is a Cézanne scenario that estimates “over $120 million”. A Van Gogh landscape and a Seurat interior are both estimated at $100 million. Overall, the total for the top 10 paintings announced by the auction house is estimated at $765 million.

The sale, the proceeds of which will go to charity, will likely be the most extreme test the art market has ever seen, but it comes at a time of deep uncertainty in global financial markets. The quality and rarity of Allen’s artworks are undeniable; However, the prices are enough to give even billionaires pause.

The auction in New York will be held in two parts—the evening sale on November 9th and the morning sale on November 10th. Check out some of the highlights and guesses (all of which are listed “more”) below.

$120 million for La Montagne Sainte-Victoire (1888–1890) by Paul Cézanne

Verger avec Cyprs (1888) for $100 million by Vincent van Goghe

$100 million for Les Poses, Ensemble (shortened version) (1888) by Georges Seurat

$90 million for Birch Forest (1903) by Gustav Klimt

$90 million for Maternity II (1899) by Paul Gaugino

$75 million for large interior, W11 (after Watteau) (1981–1983) by Lucian Freud

$60 million for the Waterloo Bridge, Soleil Voile (1899–1903) by Claude Moneta

Le Grand Canal Venice (1874) by Edouard Manet, $50 million

$50 million for Small False Start (1960) by Jasper Johns

$28 million for Concarneau, Shante du Matin (Opus No. 219, Largato) (1891) by Paul Signac

$25 million for three studies for Self-Portrait (1979) by Francis Bacon

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