An edition of Tracey Emin's striking pink neon work I Never Stopped Loving You will be auctioned for Turner Contemporary at Phillips de Pury in London next week without reserve. The sale will also include important works by David Hockney, Andy Warhol, Maurizio Cattelan and Ed Ruscha.
The money raised will help fund the new Turner Contemporary gallery in Margate. Designed by award-winning architect David Chipperfield and opening in spring 2011, it will be the largest art gallery in the south-east of England and serve as a catalyst for the regeneration of this historic sea-side town.
Victoria Pomery, Director of Turner Contemporary, said: "We are very proud of this edition of the commission by Tracey Emin, which voices her own affection for Margate and connects perfectly with the town's seaside heritage.
The money raised will go towards the capital cost of the new gallery. Turner Contemporary would like to thank Tracey Emin for so generously donating this artwork for auction."
Turner Contemporary Art Trust was set up to support organisations to develop the visual arts in Kent and is supporting the building of the new gallery.
Other highlights in the sale include: Maurizio Cattelan's Una Domenica a Rivara (A Sunday in Rivara), one of his first and most striking statements of his role as an outlaw who challenges the perceived sanctity of art in our society.
The work itself consists of a number of knotted bed-sheets, but fits closely into Maurizio's themes of subversion. It is expected to sell for £400,000-600,000.
Andy Warhol's The Scream (After Edvard Munch), 1984, estimated at £500,000-700,000. Warhol produced several different versions of Edvard Munch's The Scream, with only five workson canvas.
The overall top lot is expected to be David Hockney's Autumn Pool from the series Paper Pool, 1978.
The work is a tightly framed pictorial composition across six sheets of paper, with a composite, tessellated image of a pool and its diving board. The picture's balanced layout is dominated by the strong vertical and horizontal lines of the jutting diving board and the edges on the pool.
Accentuated by the protruding white board, the composition's one-point perspective effortlessly draws the viewer's eye across the brilliant, jewel-like tones of the pool's water which reflects and refracts the luminous light drenching the outdoor scene.
The work is estimated at £700,000-1,000,000 in the contemporary art auction which takes place on Wednesday 13 October 2010.
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