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egon schiele artworks recently restituted head to christies 2372976

Seven works on paper by Egon Schiele have been restituted to the heirs of Fritz Grünbaum, a Jewish cabaret performer killed at Dachau concentration camp in 1941 after being forced to surrender his art collection to the Nazis. Six of these pieces will be auctioned at Christie’s New York in November 2024, with three watercolor portraits—including *Stehende Frau (Dirne)* (1912), *Selbstbildnis* (1910), and *Ich liebe Gegensätze* (1912)—headlining the 20th Century Evening Sale on November 9, and three more offered in the Impressionist and Modern Works on Paper Sale on November 11. Estimates range from $150,000 to $2.5 million per work, and proceeds will be split among Grünbaum’s heirs, who plan to fund a scholarship program for young musicians.

Christie's 20/21 sales achieve $693 million

Christie's 20th and 21st Century Art sales in New York from 12-15 May 2025 achieved a total of $693 million across six sales, reaching 123% of the low estimate. The top lot was Piet Mondrian's 1922 painting *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, which sold for $47.56 million. Other highlights included Claude Monet's *Peupliers au bord de l'Epte, crépuscule* (1891) at $42.96 million, and Marlene Dumas's *Miss January* (1997), which set a record for a living female artist. The Leonard & Louise Riggio collection alone brought $272 million, while the 20th Century Evening Sale achieved $217 million with a 100% sell-through rate. New artist records were set for Dorothea Tanning, Remedios Varo, Louis Fratino, Simone Leigh, and Emma McIntyre.

Walk the auction: your guide to Christie’s 20th and 21st Century Art sales in NY this May

Christie’s is holding its spring 20th and 21st Century Art sales week in New York from 12–15 May 2025, featuring over 500 works across six live auctions. Highlights include the single-owner collection of Leonard and Louise Riggio, led by a rare Piet Mondrian and René Magritte’s *Les droits de l'homme*; the 20th Century Evening Sale headlined by a Claude Monet from his *Les Peupliers* series; and the 21st Century Evening Sale, where Jean-Michel Basquiat’s *Baby Boom* sold for $23.4 million. Other notable consignors include Anne and Sid Bass, Tiqui Atencio, and Ago Demirdjian. The free public exhibition runs from 3–15 May at Christie’s Rockefeller Center galleries.