Christie's London will offer Wassily Kandinsky's painting *Le Rond Rouge* (1939) with a high estimate of £15.5 million ($21.3 million) in its 20th/21st Century evening sale on March 5. The work, a key piece from the artist's Paris period, has been in prominent collections and was last sold at Sotheby's New York in 2018 for $20.6 million. The sale will also feature a fresh-to-auction Henry Moore bronze sculpture, *King and Queen* (1952-53), estimated at up to £15 million.
The high-profile offering of these two major modernist works signals confidence in the top end of the auction market. The Kandinsky's provenance, including long-term loan to The Courtauld Gallery, and the Moore sculpture's debut at auction provide significant market benchmarks and will test collector appetite for iconic 20th-century art in the spring London sales season.