With the major fall auctions right around the corner, ARTnews can reveal that the consignor of Betonte Ecken (1922–23), the Wassily Kandinsky painting set to achieve upwards of $60M at Christie’s New York on November 17, is the Nahmad family.

The Nahmads are a prominent dynasty of dealers and collectors whose holdings are reputed to include as many as 5,000 artworks worth upwards of $4 billion. The family is also known to be the largest private collector of works by Pablo Picasso outside the Picasso family itself.

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Several exhibition catalogs from the past 25 years have listed the Nahmad Collection as the owner of Betonte Ecken . Among them are Art of Tomorrow: Hilla Rebay and Solomon R. Guggenheim (2005) and Geometric Abstraction in the Twentieth Century: Kandinsky’s Universe (2025), produced by the Museum Barberini in Potsdam, Germany.

With an estimate of $60 million to $80 million, the Kandinsky is the highest-priced lot in Christie’s November sales.…