The painting was donated to the museum in 1973.
The work is expected to sell for almost $16 million.
Works by David Hockney and Hsiao Chin were among the 67% of lots selling above their low estimate at Phillips 'Modern & Contemporary Art Evening & Afternoon Sale' on June 26 in London. The sale totaled $15.71m (GBP11.92m), meeting the pre-sale estimate.
The sculpture uses a dozen decommissioned shipping containers.
Sotheby’s record breaking $392.6m sale of the billionaire collector’s modern masters scored a B+ on the HENI Auction Index—placing it ahead of the S.I. Newhouse sale in New York in May.
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