Japanese museum’s collection of Western art could bring $60m at auction

The Kawamura Memorial DIC Museum of Art, a private museum near Tokyo that closed permanently in March 2025, has consigned 80 works from its collection of Western modernism to Christie’s. The consignment is expected to generate at least $60 million across multiple sales in New York this autumn, led by a 1907 Claude Monet *Nymphéas* painting estimated at $40 million. Other highlights include a Pierre-Auguste Renoir *Baigneuse* from 1891, two Marc Chagall paintings, and works by artists such as Mark Rothko, Pablo Picasso, and Cy Twombly. The museum’s parent company, DIC Corporation, plans to retain only about 100 works and sell the remaining roughly 280 pieces gradually.