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13 May 2015 - 07:52 AMT

Kazimir Malevich’s “Suprematism” to be auctioned at Sotheby’s

Sotheby’s today (May 13) announces that its forthcoming Impressionist & Modern Art Evening Sale on June 24, 2015 will feature Kazimir Malevich’s Suprematism, 18th Construction of 1915. Appearing at auction for the first time – a century after it was painted – the work comes to sale directly from the artist’s family and is estimated at £20-30m/ $30-45m. The painting will be shown to the public in Hong Kong from May 28-31, 2015 and London from June 19– 24, 2015, Art Daily reports.

“Kazimir Malevich’s 'Suprematist' canvases – of which Suprematism, 18th Construction is an outstanding, pure example – are his greatest achievements. Their majestic purity echoes throughout the visual language of modern art, architecture and design. In the last 25 years only three major works by Malevich have been sold at auction, the most recent of which was sold in 2008 at Sotheby’s New York for a record $60 million. Suprematism, 18th Construction shares the same exceptional provenance and we are honoured to have been entrusted by the artist’s family once more. Appreciation for works by Malevich is now more global than ever before, and with so few of these rare early Suprematist works remaining in private hands, the sale presents one of the last opportunities to acquire one,” Helena Newman, Sotheby’s Co-Head of Impressionist & Modern Art Worldwide said.