Mark Rothko oil painting could fetch up to $35 million at auction
An auction house worker poses for photographers in front of an untitled oil on canvas 1957 painting by Mark Rothko in central London, Monday, Oct. 14, 2013. (AP / Lefteris Pitarakis)
Published Tuesday, October 15, 2013 11:21AM EDT
NEW YORK -- A bright orange-yellow and white painting by Mark Rothko is heading for the auction block in New York City, where it could fetch up to $35 million.
Christie's says "Untitled (No. 11)" will lead its post-war and contemporary art sale on Nov. 12.
The oil painting, created in 1957, is estimated to sell for between $25 million and $35 million.
The monumental work by the American abstract expressionist was purchased by the current owner at a Christie's sale in 1992.
The painting, measuring 79 inches by 69 inches, is reminiscent of a radiating sunset.
Last May, Christie's sold Rothko's "Orange, Red, Yellow" for $86.8 million. It set a record for any contemporary artwork at auction.