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yves klein painting sells for 21 4 m at christies paris

A 14-foot-wide Yves Klein painting, *California (IKB 71)*, sold at Christie’s Paris for €18.4 million ($21.4 million), setting a new auction record for the artist in France. The work, the largest format Klein made in his signature International Klein Blue, was the cover lot of the house’s *Avant-garde(s) including Thinking Italian* sale and had been in the same New York collection since 2005. Christie’s recently uncovered that the painting stopped in New York en route from Paris to California, where it appeared in a show with dealer Leo Castelli.

agnes gund collection christies rothko twombly cornell

Three major artworks from the collection of the late philanthropist and collector Agnes Gund will be offered at Christie's marquee May sales in New York. The lots include Mark Rothko's 'No. 15 (Two Greens and Red Stripe)' (estimated around $80 million), Cy Twombly's 1961 'Untitled' (estimated $40-60 million), and Joseph Cornell's 'Untitled (Medici Princess)' (estimated $3-5 million), all being sold on the secondary market for the first time.