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A Mondrian Painting Could Fetch $40.8 Million at Auction This Fall

Christie’s says the painting could bring up to £30 million, reflecting rare demand for a 1920 work from Mondrian’s breakthrough year.

Summary by ARTnews
The last time Christie's auctioned off a Mondrian painting was in 2025 for $47.6 million as part of the Leonard & Louise Riggio: Collected Works sale.

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Mondrian's Composition III work will be auctioned for the first time on October 14 in London. Christie's auctioneer estimates work 23 and 35 million euros.

·Lisboa, Portugal
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A rare work by Piet Mondrian will be auctioned at Christie’s auction house in London in October. It is the abstract painting Composition III from 1920. It is going under the hammer for the first time. Christie’s describes it as a masterpiece and expects it to fetch between 23 and 35 million euros.

·Apeldoorn, Netherlands (Kingdom of the)
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The painting was not on public view for 25 years, but Piet Mondrian's work will soon go under the hammer in London. The painting Composition III is currently still behind closed doors in a gallery in the British capital. The work from 1920 is part of a group of eight works. In 1920, the Dutch painter began painting in the abstract style for which he became so world-famous, also known as Neoplasticism. Mondrian is regarded as a pioneer within t…

·Hilversum, Netherlands (Kingdom of the)
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Dutch News broke the news in Amsterdam, Netherlands (Kingdom of the) on Wednesday, August 26, 2026.
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