NEW YORK (AP) — A monumental 1953 painting by Barnett Newman could bring $30 million to $40 million at a New York City auction.
The price could set a new record for the abstract expressionist artist. The Sotheby's sale of "Onement VI" is May 14
It's the last of six paintings in Newman's Onement series. They're characterized by the 'zip,' a distinctive stripe running down the center of the canvas. Four are in museum collections.
Onement V sold for $22.4 million at auction in 2012, a record price for the artist.
As an exhibitions organizer in 1946 of the newly opened Betty Parson Gallery, Newman played a vital role in the careers of Mark Rothko, Jackson Pollock and others. He also influenced the next generation of artists including Frank Stella.
Newman died in 1970.