Arts News

Versace's Paintings Up For Auction

By Amy Somensky Feb 4, 2005, 15:49 GMT

Gianni Versace
London, UK: The heirs of murdered Italian designer Gianni Versace are selling art from the home of the late designer at Sothebys. They hope to raise $17 million.

Versace was gunned down on the steps of his Florida mansion in July 1997 by serial killer Andrew Cunanan who later took his own life after a cross-country murder spree.

Sotheby's said the artwork from Versace's collection would be sold as part of three major New York sales: 19th century work on April 20th, Impressionist and Modern painting on May 3rd-4th and contemporary art on May 10th-11th.

Amoung the works being auctioned include, Lichtenstein's "Blue Nude" from 1995, an untitled 1982 Jean-Michel Basquiat work and his 1986 work "Taxi," drawings by Henri Matisse and Edgar Degas as well as watercolors by Marc Chagall and Raoul Dufy. Furniture and decorations from Versace's collection will be sold at another auction in the second half of the year.

Sotheby's senior vice president Elaine Whitmire described Versace's New York home as "a sanctuary of sophistication."



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