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A LIFE-SIZE BRONZE STATUE BY HENRI MATISSE, WHICH HAS NEVER BEEN SOLD AT AUCTION, IS EXPECTED TO BE THE STAR OF THE AUTUMN ART SALES AND COULD FETCH UP TO $35 MILLION, ART EXPERTS SAID. MATISSE'S 'BACK IV (NUDE DOS, 4EME ETAT)', CIRCA 1930 IS BEING SOLD AT CHRISTIE'S ON 3.NOVEMBER BY A PRIVATE EUROPEAN COLLECTOR, WHOM THE AUCTION HOUSE HAS DECLINED TO NAME. BUT CHRISTIE'S SAID THE OWNER RECOGNIZES THE TREMENDOUS MARKET OPPORTUNITY FOR MODERN SCULPTURE AT THIS TIME. 'CONCEIVED ON AN EPIC SCALE, BACK VI IS A POWERFULLY REDUCTIVE EXPRESSION OF THE HUMAN FORM THAT STANDS AS A MILESTONE IN THE EVOLUTION OF MODERNIST STYLE', SAID CONOR JORDAN, THE HEAD OF IMPRESSIONIST AND MODERNIST ART FOR CHRISTIE'S AMERICAS. ANOTHER LIFE-SIZE SCULPTURE, ALBERTO GIACOMETTI'S 'WALKING MAN I', BRIEFLY BECAME THE MOST EXPENSIVE WORK EVER AUCTIONED IN FEBRUARY WHEN IT SOLD FOR MORE THAN $104 MILLION. ANOTHER GIACOMETTI AND A SCULPTURE BY MODIGLIANI EACH SOLD FOR MORE THAN $50 MILLION THIS YEAR. CHRISTIE'S IS EXPECTED TO ANNOUNCE THE MATISSE SALE PUBLICLY THIS WEEK. THE MATISSE WORK IS THE LAST OF A SERIES OF FOUR SCULPTURES THAT JORDAN DESCRIBED AS MATISSE'S MOST AMBITIOUS PROJECT, WHICH THE ARTIST WORKED ON FOR MORE THAN 20 YEARS. TWELVE BRONZES WERE PRODUCED OF EACH IN THE SERIES. APART FROM ITS RARITY, INTENSE INTEREST IN THE SALE IS EXPECTED FOLLOWING THE ENTHUSIASTIC RESPONSE TO THE 'MATISSE: RADICAL INVENTION' EXHIBIT AT THE, MUSEUM OF MODERN ART (MOMA) WHICH IS ENDING SOON. ALL FOUR OF ITS 'BACK' SCULPTURES WERE MOVED FROM MOMAs SCULPTURE GARDEN TO ITS GALLERIES, WHERE THEY ARE AMONG THE SHOW'S FOCAL POINTS. IN MAY CHRISTIE'S SOLD THE MOST EXPENSIVE WORK EVER AUCTIONED, PABLO PICASSO'S 'NUDE, GREEN LEAVES AND BUST' WHICH FETCHED A STAGGERING $106.5 MILLION, JUST DAYS AFTER A LANDMARK PICASSO EXHIBITION OPENED AT THE METROPOLITAN MUSEUM OF ART. AMONG THE 12 'BACK IV' WORKS PRODUCED, ALL BUT TWO ARE IN MUSEUM COLLECTIONS INCLUDING MOMA, LONDON'S TATE MODERN AND THE POMPIDOU CENTER IN PARIS.
