An exhibition of Baselitz's final works is due to open in Venice next week.
The gallery went bankrupt earlier this year.
The painting was picked out by the staff who dealt with more than 1,000 entries for the Archibald Prize.
As Berlin Gallery Weekend returns, standout solo shows opening in the German capital by some of the buzziest artists.
Kerry James Marshall, Untitled (Blot), is due to be sold at Christie's in New York on May 20, 2026 with a $2m to $3m estimate.
Get the HENI News Daily Art Digest delivered to your inbox