The lot is estimated to fetch around $25m USD, including an early manuscript of Leonardo da Vinci’s ‘Treatise on Painting.’
$3 USD may flip to $13,000 USD in the coming days.
Proceeds to benefit the Yetunde Price Resource Center.
A big bag for a small bag.
The seminal South African artist has attracted the likes of Pharrell, Swizz Beatz, Oprah Winfrey and many more.
More than 40 editions will take a world tour before heading to auction in New York on October 6, 2022.
The painting is notably tied to his affinity for jazz and the music of Charlie Parker.
The project is led by the African American Cultural Heritage Action Fund in collaboration with Sotheby’s and Pace Gallery.
Epiris, the private equity firm that owns the house has tapped JPMorgan to advise in the possible transaction.
The artwork was originally purchased for $700 USD at an antique shop in the 1960s.
Made by Flemish Baroque artist, Anthony van Dyck.
As part of the auctioneer’s Paris edition of the “Exceptional Sale”.
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