NEW YORK, June 19 — A piece of art weaving together one of the great statesmen of the 20th century, an icon of the jet set and the world's first “super yacht” will go under the hammer at New York auction house Phillips on June 23., a signed 1921 oil landscape by Winston Churchill, is estimated by Phillips at US$1.5 million to $2 million , far from the $11.6 million netted by another painting from the wartime British prime minister sold by Angelina Jolie at Christie's last March.
The tycoon was so proud of his gift that he hung it in a place of honour — behind the bar of his yacht — alongside works by Vermeer, Gauguin, Le Greco and Pissarro. Onassis had it lavishly renovated to the tune of US$4 million, making it “one of the most incredible structures that floated,” Engelen said.
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