NEW YORK and BERLIN, January 28 /PRNewswire/ -- artnet Auctions offers continuous online auctions of Modern and Contemporary art. From January 28 - February 9, artnet auctions will feature a special sale of Modern Art by renowned artists including Edgar Degas, Henri Matisse, and Pablo Picasso. This special online auction will include over 50 works of art by 40 of the most influential modern artists of the 19th-20th centuries representing virtually every important Modern Art movement.

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Leading the sale is an exquisite bronze sculpture by Edgar Degas, Danseuse regardant la plante de son pied droit, 1895/1988 (estimate: US$275,000-US$375,000). Casts of this sculpture have seldom appeared at auction. Also from the French School is Portrait of Mrs. Paley, 1936, by Henri Matisse. This masterful ink on paper drawing was executed in preparation for the portrait commissioned by CBS executive William Paley of his wife (estimate: US$225,000-US$325,000).

Other highlights include works by groundbreaking Dadaist artists Marcel Duchamp and Man Ray. Included in this section is Duchamp's La boite verte (The Green Box), 1914/1934, a green velvet box containing 93 notes, drawings and photos relating to the artist's seminal work, The Bride Stripped Bare by Her Bachelors Even (The Large Glass). This highly sought after limited edition is signed and numbered by the artist (estimate: US$55,000-US$75,000).

Also, in the tradition of the Surrealist movement are works by Joseph Beuys, Joseph Cornell, and Kurt Seligmann. Untitled (Die Plastische Haut), 1957-1978, is a work of automatist poetry by Joseph Beuys in pencil on paper (estimate: US$35,000-US$45,000). Also offered in this section is Blue Sand Box, 1950, by Joseph Cornell constructed of blue colored sand and a metal spring sealed in a glass box (estimate: US$200,000-US$300,000). This work is a rare example from the artist's celebrated time machines series.

Early Abstract Expressionism is represented with two vibrant paintings by John Grillo and Paul Jenkins. Grillo's Untitled, 1954 is a bold abstraction with gestural brushwork characteristic of the New York School (estimate: US$25,000-US$45,000), while Jenkins' brilliant Cherokee Strip, 1958 is a tour de force of monumental scale (65 x 60 inches) (estimate: US$185,000-US$285,000).

Mid-century Modern works reflect diverse styles from two Mondrian inspired paintings by Charmion von Wiegand to Reginald Marsh's gritty social realist painting, Outside Strokey's Bar, 1945 (estimate: US$175,000-US$275,000). A prime example of the American Social Realist movement, this work has never before been offered at auction.

Rounding out the sale are Late Modern works by Pablo Picasso, Ilya Bolotowsky and Alexander Archipenko. La Pique, 1959, a linocut by Picasso, is a complex composition with calligraphic gestures depicting one of the artist's favorite subjects, the bullfight (estimate: US$45,000-US$55,000). Three Yellows Vertical, 1970 by Russian-born artist Ilya Bolotowsky reflects both the artist's Constructivist background and signature use of color tonalities within geometric divisions (estimate: US$15,500-US$18,500).

We invite you to browse the sale. Visit http://www.artnet.com/Modern

About artnet:

artnet has been online since 1995 and is host to approximately 2,000,000 visitors each month. Through its Price Database of over four million auction sales results and its Gallery Network of over 2,200 galleries worldwide, artnet is the leading online resource for the international art market. With the new Online Auctions, artnet has added a transaction platform to its successful information services.

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SOURCE: artnet Worldwide

CONTACT: Sarah Bradley +1-212-497-9700 ext. 197, sbradley@artnet.com