Kazimir Malevich (1879-1935)
Suprematism, 18th Construction UPDATE: THIS SOLD FOR £21.4 MILLION
Kazimir Malevich’s Suprematism, 18th Construction of 1915 will be a highlight at Sotheby’s Impressionist and Modern Art evening sale in London on June 24. At auction for the first time – a century after it was painted in 1915 – the work comes from the artist’s family. Estimated at £20-30 million it is being shown in New York and Hong Kong before the sale.
“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” said Helena Newman, co-head of Sotheby’s Impressionist and Modern Art.
The work was a highlight at the Tate retrospective in London.