Cy Twombly's 'Untitled' Painting Expected to Lead Phillips Upcoming Auction

A painting from Cy Twombly's famous Bacchus series is expected to lead Phillips' upcoming auction with an estimated price of $35 to 45m USD.The large-scale painting will be a part of the Evening Sale of 20th Century & Contemporary Art in New York, which also includes work by old masters, such as Pablo Picasso, Willem de Kooning and René Magritte, to more prominent working artists ranging Julie Mehretu, Yayoi Kusama and Rashid Johnson. Created in 2005, Twombly's Untitled is swathed with circular...