The work, commissioned in the 1990s for $10,000, is due to be sold at Christie’s, New York for an estimated $10m to $15m

Move follows a record-breaking breaking year for Paris auctions in 2017

Our pick from this week's fairs and auctions

No buyer's premium and bidding paddles on your phone, but founder still believes holding physical auctions is key

The auction of art, antiques and works of art was cancelled an hour after its supposed start time following private deal

The work was bought by a Baton Rouge family for about $120 while travelling in London in 1958, the Wall Street Journal reports

Our pick from this week's auctions and fairs

Christie's to sell $70m painting once pledged to the Seattle Art Museum

The auction house hopes the works will surpass previous records by several million

Our pick from this week's auctions and exhibitions

The British auction house brings in former Sotheby’s financial executive Bruno Vinciguerra as part of the deal

Detroit house was saved in 2016 by the US artist Ryan Mendoza and Parks’s niece Rhea McCauley

Rockefeller auction plus leap in private and online sales drive 26% increase

A “purr-fect” ending to the story of the missing pottery object found in the collection of the artist’s secret granddaughter

Tacca's Hercules is star of the bronzes, while Carracci's military portrait and Rembrandt's print find favour where Rubens's daughter flounders in £31.1m sale

No big hitters, but overall quality and new buyers from Asia and Latin America buoyed £42.6m auction, with £5.3m record for Canova set in day sale

Bronze and marble take centre stage during Old Masters sales week, although Dresden Mars returns home without going on the block at Sotheby's

Sotheby’s withdrew bronze sculpture of Mars from auction at last minute

Christie’s introduces day sale format and established names give way to new talent

Artist was 80 years old when he began the painting of a former Tate cataloguer

The institution failed to meet its $55m target at last month's auctions

The Romanian painter’s prices have increased 160-fold over the past decade. But who, or what, is behind this steep rise?

Sotheby's sale fell below estimate while Christie’s provided some cheer, showing there is still money in Monet – but only the right one

The art world has yet to tackle issues around works like Picasso’s $115m child-prostitute portrait

Sotheby’s auction includes personal works by Hirst gifted to Dunphy, or sketched on the back of restaurant menus

But the watercolours are currently at the centre of a closely watched restitution lawsuit

How soon is too soon? Private collectors are selling off works as little as a few weeks after lending them to high-profile shows

Belinda Neumann-Donnelly claims the work could have made an extra $15m if Hubert Neumann had not tried to block its sale

Object was returned to consigner not museum from where it was looted at the end of Second World War