Munich (dpa) - After more than 70 years, the work of art "Bent Tips" by the Russian painter Wassily Kandinsky has reappeared.
Experts were able to unequivocally assign the work with an estimated price of around 300,000 euros, announced the Munich art auction house Ketterer Kunst on Friday.
The watercolor comes from the estate of a private collection in the Rhineland and is now to be auctioned in the Bavarian capital in mid-June.
According to the auction house, the picture, with its strict geometric compositions, is one of the artist's most sought-after works on paper.
"Numerous Kandinsky researchers have dealt with this work, but for decades the exact appearance and whereabouts were unknown," said company boss Robert Ketterer.
The watercolor is said to have already been exhibited during Kandinsky's lifetime (1866-1944) - for example in Berlin, Paris or Stockholm.
The exhibition history ended in 1932, as the auction house announced.
Kandinsky is said to have later given the work to an art dealer who, according to the current state of knowledge of the experts, sold it in 1949.
Then the track of the work of art was lost.
© dpa-infocom, dpa: 210514-99-596882 / 2