Upcoming Auction Could Realize $53.09m: 'Pauline Karpidas: The London Collection Evening Auction' at Sotheby's London

Rene Magritte La Statue volante (1958) is the highest-value lot announced by Sotheby's in its 'Pauline Karpidas: The London Collection Evening Auction' in London on September 17.

• Pre-sale low estimates total $53.09m (GBP39.09m).

Preview snapshot

• 55 works are for sale.
• Estimates total: $53.09m (low) and $74.76m (high), excluding premiums.
• 0 lots have undisclosed estimates.

The highest-value lot announced is: Rene Magritte, La Statue volante (1958), which is estimated to sell for between $12.22m and $16.3m. The work is backed by a guarantee. It has been traded 3 times in the past.

Guaranteed lots

55 works are backed by guarantees, including: Francis Picabia, Deux amies (1940). It is estimated to sell for between $2.99m and $3.8m. It has been traded 6 times in the past.

Withdrawn lots

Works are sometimes withdrawn from a sale, which will affect pre-sale estimates.

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.