20th / 21st Century: London Evening Sale Could Realize $118.5m

3 min read · 19 Feb 2026

Le rond rouge by Wassily Kandinsky estimated at $14.23m (low) to $21.01m (high). Image courtesy of Christie's

King and Queen by Henry Moore estimated at $13.56m (low) to $20.34m (high). Image courtesy of Christie's

Le peintre et son modèle by Pablo Picasso estimated at $9.49m (low) to $13.56m (high). Image courtesy of Christie's

Schober (Haybarn) by Gerhard Richter estimated at $8.13m (low) to $12.2m (high). Image courtesy of Christie's

Le Parc Monceau by Claude Monet estimated at $7.46m (low) to $11.52m (high). Image courtesy of Christie's

Le rond rouge by Wassily Kandinsky estimated at $14.23m (low) to $21.01m (high). Image courtesy of Christie's

Wassily Kandinsky Le rond rouge (1939) is the highest-value lot announced by Christie's in its '20th / 21st Century: London Evening Sale' in London on March 5.

Pre-sale low estimates total $118.5m (GBP87.43m).

Preview snapshot

40 works are for sale.
Estimates total: $118.5m (low) and $178m (high), excluding premiums.
0 lots have undisclosed estimates.

The highest-value lot announced is: Wassily Kandinsky, Le rond rouge (1939), which is estimated to sell for between $14.23m and $21.01m. The work is backed by a guarantee. It has been traded 6 times in the past.

Guaranteed lots

11 works are backed by guarantees, including: Pablo Picasso, Le peintre et son modèle (1964). It is estimated to sell for between $9.49m and $13.56m. It has been traded 4 times in the past.

Terms and definitions

Estimates and totals are converted into US dollars.

Guarantees: Sometimes an auction house guarantees to pay a seller for a work, regardless of whether the bidding reaches the reserve price, a figure that is typically confidential.

All figures are accurate at time of publication.

Market

Exclusives

Wassily Kandinsky

Pablo Picasso

London

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