Sotheby’s evening sale of Impressionist and Modern Art on May 7, 2008 in New York will present a superb offering of key works by many of the leading artists of the period: Pablo Picasso, Edvard Munch, Fernand Léger, Alberto Giacometti, Edgar Degas, Paul Gauguin, Joan Miró and others. The sale of 53 lots is estimated to bring $207/284 million. Prior to the exhibition and sale in New York, highlights of the offering will be on view at Sotheby’s London from April 20-25, 2008.

The highlight of the May 7 Evening sale is Fernand Léger’s Cubist masterpiece, Étude pour La Femme en Bleu (est. $35/45 million). Painted in 1912-13, the canvas is one of very few key works of Cubism remaining in private hands

Edvard Munch’s Girls on a Bridge is one of the artist’s most widely popular and lyrical compositions (est. $24/28 million). Girls on a Bridge was formerly in the esteemed collections of Norton Simon and Wendell and Dorothy Cherry, whose collection at one time also featured major modernist masterpieces by Chaïm Soutine (L’Homme au foulard rouge sold for a record price - $17.2 million - at Sotheby’s London in 2007) and Amedeo Modigliani (Jéanne Hebuterne (au chapeau) sold for a record price - $31.4 million at Sotheby’s New York in 2004). In 2006, Sotheby’s London held a historic sale of eight works by Munch from the collection of his patron Thomas Olsen, which proved to be a watershed moment in the auction market for the artist – achieving nearly $30 million and establishing a new record for the artist at auction when Summer Day achieved $10.8 million.
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