The key facts

  • Around 200 works from Peter Simon's collection are being offered at Christie's in London; the total value is estimated at approximately €130 million (euronews).
  • The most expensive lot is likely to be a 1978 painting by Francis Bacon with an estimate of €15–19 million.
  • The collection also includes Mondrian, Warhol, Miró (1925) and an untitled work by de Kooning.

Monsoon founder's collection goes up for sale

In October, the Christie's auction house in London will put up for sale a collection of modern and contemporary art belonging to British entrepreneur Peter Simon, founder of the fashion brand Monsoon. According to euronews, the collection comprises around 200 works, and its value is estimated at approximately €130 million.

The top lot — a Bacon painting

The most valuable work, it is expected, will be a 1978 painting by Francis Bacon: its estimate ranges from €15 to €19 million. The canvas was painted seven years after the tragic death of the artist's beloved, George Dyer.

Other significant works

Among the other lots expected to fetch millions are a 1925 painting by Joan Miró and an untitled work by Willem de Kooning. The collection also includes works ranging from Mondrian to Warhol.