Russian-born abstraction pioneer Wassily Kandinsky ‘s painting Betonte Ecken (1922–23) will come to the auction block at Christie’s New York on November 17, carrying a $60 million to $80 million estimate. The anonymous seller acquired the work at Sotheby’s New York in 1986. The painting is guaranteed to sell at a record-setting level, the house told ARTnews .

Kandinsky’s auction record currently stands at $44.8 million , paid for the artist’s 1910 painting Murnau mit Kirche II ( Murnau with Church II ) at Sotheby’s London in 2023. Just last month, Christie’s London notched the third-highest price for the artist with his 1907 canvas Das bunte Leben ( La vie mélangée ), which sold for $41.5 million against a $30 million estimate. That work had recently been restituted to the heirs of a Jewish Dutch collector family whose art was lost during the Nazi era.…