Hockney painting set for record $80m auctionpublished at 08:14 British Summer Time 14 September 2018
A painting by Yorkshire artist David Hockney is set to become the most expensive work by a living artist to ever be sold at auction.
Portrait of an Artist (Pool with Two Figures) is estimated to be worth $80m (£61m) said Christie's, which is auctioning the Bradford artist's painting this November.
It is "one of the great masterpieces of the modern era," Christie's said.
"In 10, 15, 20 years from now, if you buy it, we definitely want it back and I can tell you, we'll sell it for more," said Alex Rotter, co-chairman of Post-War and Contemporary Art and Christie's.
Hockney has a home and studio in Bridlington in East Yorkshire. Earlier this year, another of the 81-year-old's paintings sold for $28.5m (£21.1m) a personal auction record for the artist.