Joe Lewis to Offer £150m–£200m Art Trove at Sotheby’s London in Record Single-Owner Sale

Overview

• Sotheby’s, in a Thursday announcement, set a June London auction of about 50 works from Joe Lewis’s collection estimated at £150–£200m, the biggest single-owner sale ever staged in the UK.
• Top lots include Gustav Klimt’s 1902 portrait Bildnis Gertrud Loew estimated at £20–£30m and Amedeo Modigliani’s Homme à la pipe guided at £12–£18m.
• The lineup also features pieces by Lucian Freud, Francis Bacon, Egon Schiele, Chaïm Soutine, Pablo Picasso, and Gustave Caillebotte, with Schiele’s Danaë estimated at £12–£18m.
• Select works go on public view at Sotheby’s New York from May 2 to 18 ahead of the London sale.
• The family declined a financial guarantee after a March test sale of four School of London works brought £35.8m with fees, a choice Sotheby’s casts as confidence in open bidding and in London’s market.