London's Royal Opera House is to sell a 1970s painting by David Hockney as it seeks to raise cash to get through the COVID-19 pandemic, the worst crisis in its history.
Hockney's Portrait of David Webster will be put up for auction at Christie's on Oct. 22. It is estimated to be worth between 11 and 18 million pounds ($14-$23 million), the auction house said.
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"The proceeds will be used to ensure that the world's greatest artists can once more return to our stages," said Alex Beard, chief executive of the Royal Opera House.
