Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Venice Diary Day 3: Offsite Highlights Include Fleshy Films and Vegetarian Videos

May 9, 2026

Venice Biennale Artists Decline Consideration for Golden Lions Chosen by Public Vote

May 9, 2026

As Her Venice Biennale Opens, Koyo Kouoh Foundation Launches in Memory of Late Curator

May 9, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

$21.1 million Kandinsky painting to headline Christie's London March evening sale.

News RoomBy News RoomFebruary 16, 2026
Share
Facebook Twitter LinkedIn Pinterest Email

Russian painter Wassily Kandinsky’s Le Rond Rouge (1939) will headline Christie’s forthcoming 20th and 21st century evening sale in London, which is scheduled to take place on March 5th.

The abstract work was in the artist’s collection until his passing in 1944, at which point it passed to his widow, Nina Kandinsky. It is estimated to fetch between £10.5 million–£15.5 million ($14.3 million–$21.1 million).

Kandinsky painted Le Rond Rouge in the spring of 1939 during his years in Paris. The artist moved to the city in late 1933 after the Nazi government closed the Bauhaus school in Berlin where he had been teaching. It was during his time in the French capital that he developed a new visual vocabulary that incorporated more pastels and biomorphic forms. The painting is composed of geometric and sinuous forms that seem to be radiating energy from within. It was first exhibited at a solo presentation of the artist’s work in the spring of 1946 at the Galerie René Drouin in Paris. It was also shown during Kandinsky’s memorial exhibition at the Stedelijk Museum Amsterdam in the winter of 1947–1948.

The sale is part of a week of auctions taking place across major London auction houses during the first week of March.

Also included in the 20th and 21st century sale is Claude Monet’s Le Parc Monceau (1878), which carries an estimate of £5.5 million–£8.5 million ($7.49 million–$11.6 million). The work has not been seen publicly since 2007, when it was acquired at Christie’s.

In the painting, Monet plays with the contrast of light and shadow in a way that came to define his Impressionist work of the 1870s. It is one of three tableaux of the park in Paris’s 8th arrondissement painted by the French artist, who completed three other views two years earlier. Two of the paintings from the series are part of The Metropolitan Museum of Art’s collection.

Also featured in the sale is Henry Moore’s King and Queen (1952-53), which carries an estimate of £10 million–£15 million ($13.65 million–$27.29 million). The sculpture is making its auction debut after being held in the same British private collection for more than seven decades.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Venice Diary Day 3: Offsite Highlights Include Fleshy Films and Vegetarian Videos

Venice Biennale Artists Decline Consideration for Golden Lions Chosen by Public Vote

As Her Venice Biennale Opens, Koyo Kouoh Foundation Launches in Memory of Late Curator

Former Korean Prosecutor Convicted in Alleged Lee Ufan Painting Bribery Scheme

Federal Panel Considers Plan to Paint Granite Eisenhower Executive Office Building in D.C. White

Venice Biennale strike sees more than 15 pavilions temporarily or partially close – The Art Newspaper

Who Owns the Megayachts Docked Outside the Venice Biennale?

Fire erupts at San Francisco’s Vaillancourt Fountain during its dismantling – The Art Newspaper

DOGE Cuts to National Endowment for the Humanities Were Unconstitutional, Court Rules

Recent Posts
  • Venice Diary Day 3: Offsite Highlights Include Fleshy Films and Vegetarian Videos
  • Venice Biennale Artists Decline Consideration for Golden Lions Chosen by Public Vote
  • As Her Venice Biennale Opens, Koyo Kouoh Foundation Launches in Memory of Late Curator
  • Former Korean Prosecutor Convicted in Alleged Lee Ufan Painting Bribery Scheme
  • Federal Panel Considers Plan to Paint Granite Eisenhower Executive Office Building in D.C. White

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

Venice Biennale Artists Decline Consideration for Golden Lions Chosen by Public Vote

May 9, 2026

As Her Venice Biennale Opens, Koyo Kouoh Foundation Launches in Memory of Late Curator

May 9, 2026

Former Korean Prosecutor Convicted in Alleged Lee Ufan Painting Bribery Scheme

May 8, 2026

Federal Panel Considers Plan to Paint Granite Eisenhower Executive Office Building in D.C. White

May 8, 2026

Venice Biennale strike sees more than 15 pavilions temporarily or partially close – The Art Newspaper

May 8, 2026
Facebook X (Twitter) Instagram
© 2026 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.