AN OIL painting of Sandsend, near Whitby, by L.S.Lowry is expected to sell for between £120,000 and £180,000 at an auction.
It is one of 14 Lowry oil paintings once owned by the late multi-millionaire caterer and hotelier, Lord Forte, which are now set to fetch between £11 million and £16 million at Christie’s in London on November 16.
The 14in by 22in Sandsend picture – featuring Lowry’s trademark matchstick figures and matchstick dogs – was painted by Lowry in 1953, the year after he retired as chief cashier at the Pall Mall Property Company in his native Manchester.
Yorkshire views by Lowry are comparatively rare, although the City of York Art Gallery owns an oil painting, titled Clifford’s Tower, York, which, coincidentally, Lowry produced in 1953, the year he painted his Sandsend picture.
Earlier this year – at an auction in Leeds – a Lowry drawing of Sandsend sold for £26,450.
The current world record for a Lowry work is £5,641,250, the sum paid at Christie’s in London also earlier this year for his 1949 oil painting, The Football Match.
Last week marked the 124th anniversary of Lowry’s birth in Manchester on November 1 1887, while this month also marks the 103rd anniversary of Lord Forte’s birth, in Italy, on November 26 1908.
Lord Forte started his working life in an ice cream parlour and sandwich bar in Weston-super-Mare before going on to create a world-wide hotel and restaurant empire.
In 1963, he paid £4.3 million for the York chocolate manufacturers, Joseph Terry. When he died, at the age of 98 on February 28 2007, he left £80,150,694 in his will.
Lowry was 88 when he died on February 23 1976. In his will, he left £298,459.