Sotheby’s Evening Sale this May in NYC will potentially set a new auction record for Lee Krasner, as the artist’s work The Eye is the First Circle (1960) will hit the block with an estimate of $10 million to $15 million, double her current estimate. “This painting represents a critical turning point for Krasner—a rebirth in a sense—as it was executed following a period of great personal loss and tragedy,†says Saara Pritchard, senior vice president and senior specialist of Sotheby’s contemporary art department.
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