Topline A painting from one of Dutch artist Piet Mondrian’s most famous eras is expected to sell for more than $50 million at Sotheby’s in November, the auction house says, more than 20 times higher than the last time the painting sold at auction nearly 40 years ago. “Composition No. II” from 1930 by Piet Mondrian at Sotheby’s in London.Antony Jones / Getty Images Key Facts Mondrian painted “Composition No. II” in 1930, when he was living in Paris and refined his grid-based abstract art with black lines and primary colors, which he may be best remembered for. The painting comes from a well-known series of square-format canvases Mondrian completed during this time period, the majority of which are held in museum collections and rarely come to the private market. “Composition II” stands a chance at breaking the artist’s record at auction, with the current most expensive Mondrian painting ever sold being “Composition No. III, with Red, Blue, Yellow, and Black,” which fetched $50.6 million in 2015. The painting last appeared at auction in 1983, when it sold for $2…. Click below to read the full story from Forbes
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