This fall, the collection of the late New York philanthropist Emily Fisher Landau, will come to auction after much anticipation in the market. The grouping of 120 works assembled by Landau, which span paintings by Pablo Picasso, Ed Ruscha, Jasper Johns, Glenn Ligon and Mark Tansey, among other names, will be sold at Sotheby’s this fall on November 8 and 9.
Backed with a financial guarantee from the house, the collection is estimated to generate over $400 million.
Likely the biggest ticket item to be sold from Landau’s estate is Pablo Picasso’s 1932 painting Femme à la montre, a portrait of one of his famous subjects, the young Marie-Thérèse Walter. Julian Dawes, Sotheby’s head of Impressionist and Modern Art for the Americas called the Picasso painting a “definitive” work in Western art history.
Other major works that will be sold include Ed Ruscha’s Securing the Last Letter (Boss) from 1964 and an untitled Mark Rothko painting from 1958.
Landau died at the age of 102 this March. A former trustees at the Whitney Museum of American Art in New York, she began collecting in the 1960s.