Christie’s to Offer Two Landscapes by Lucian Freud in London
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Christie’s to Offer Two Landscapes by Lucian Freud in London

By FANG BLOCK
Tue, Jan 24, 2023 8:43amGrey Clock 3 min

Two landscapes by Lucian Freud previously in the collection of British businessman and philanthropist Simon Sainsbury will be offered next month at Christie’s in London, the auction house announced Friday.

Separately, Sotheby’s released additional highlights of its upcoming Masters Week in New York, including an over 400-year-old Anthony Van Dyke painting, A Sketch for Saint Jerome, that was found in a farm shed in the late 20th century in New York. The auction house expects to bring in more than US$100 million from across nine sales running now until early February.

Christie’s sale of the two Freud landscapes will take place on the evening of Feb. 28 in London. Offered by the same private collector, both paintings were formerly in the collection of Sainsbury, whose family founded Sainsbury’s, the second largest chain of supermarkets in the U.K. Upon his death in 2006 at the age of 76, Sainsbury bequeathed the majority of his art collection, estimated to be worth £100 million at the time, to the National Gallery and the Tate Gallery in London.

One of the paintings, Scillonian Beachscape from 1945-46, will make its first public appearance on the market since 1974 and has a presale estimate of between £3.5 million and £5.5 million (US$4.3 million and US$6.8 million). Depicting a dreamlike coastal scene in lush, sun-drenched color, it was inspired by Freud’s visit to the Isles of Scilly and directly based on his drawing, Untitled, which sold for £138,600 at Christie’s in London last October.

The other, Garden from the Window, depicts the artist’s garden at 138 Kensington Church Street. It was first unveiled at the Tate in London in 2002, and its debut auction at Christie’s is expected to fetch £2.5 million and £3.5 million.

“Lucian Freud, revered as one of the greatest painters of the 20th century, continually returned to the natural world as a source of rich inspiration throughout his career. This lifelong fascination is perfectly encapsulated in these two exquisite paintings which offer viewers insight into both his early and late life,” Tessa Lord, acting head of department of Post-War and contemporary art at Christie’s London, said in a news release.

The National Gallery in London has recently organized a centenary retrospective “Lucian Freud: New Perspectives,” which will move to Thyssen-Bornemisza Museo Nacional in Madrid in February.

Freud’s auction record was set by his painting large interior w11 (after watteau), 1981-83, from the collection of Paul Allen. It sold for US$86.3 million last November at Christie’s in New York.

Meanshile, t Sotheby’s, its first major sale of the year will be its Masters Week in New York, which is expected to bring in more than US$100 million across nine sales that will run through early February.

The sales will be led by 10 Baroque masterpieces from the collection of Mark Fisch, a real estate developer and a trustee of the Metropolitan Museum of Art in New York, and his ex-wife, Rachel Davidson, a former New Jersey judge. The two filed for divorce last year. Highlighting the collection, to be auctioned next Thursday, is a 1609 Rubens masterpieceSalome Presented with The Severed Head of Saint John the Baptist, with an estimate of between US$25 million and US$35 million.

The sales also include The One, a new format sale featuring one-of-a-kind objects throughout history. This sale will be led by Kobe Bryant’s Lakers jersey with a high estimate of US$7 million, and a Princess Diana’s dress, with a presale estimate between US$80,000 and US$120,000.

A Sketch for Saint Jerome from 1615-18 by Anthony Van Dyck that was discovered in the late 20th century in a farm shed in Kinderhook, N.Y., will be offered in the region of US$2 million and US$3 million. A portion of proceeds from the sale will benefit the Albert B. Roberts Foundation, which supports artists and other creatives.

Roberts, a collector of “lost” pieces, purchased the sketch for US$600. Soon afterwards, the sketch was recognized by art historian Susan J. Barnes as a “surprisingly well preserved” autograph work by Van Dyck, according to Sotheby’s.

He died in August 2021 at the age of 89.



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BHUTAN LAUNCHES WORLD-FIRST NATIONAL CRYPTO PAYMENT SYSTEM FOR TOURISM

Bhutan is pioneering a new frontier in travel by allowing tourists to pay for flights, visas, hotels and even fruit stalls using cryptocurrency via Binance Pay.

By Jeni O'Dowd
Wed, May 14, 2025 2 min

Bhutan has become the first country in the world to implement a national-level cryptocurrency payment system for tourism, marking a major milestone in digital innovation and travel.

Launched in partnership with Binance Pay and Bhutan’s fully digital DK Bank, the system enables travellers with Binance accounts to enjoy a seamless, end-to-end crypto-powered journey. More than 100 local merchants, from hotels and tour operators to small roadside vendors in remote villages, are already live on the system.

“This is more than a payment solution — it’s a commitment to innovation, inclusion, and convenience,” said Damcho Rinzin, Director of the Department of Tourism, Bhutan.

“It enables a seamless experience for travellers and empowers even small vendors in remote villages to participate in the tourism economy.”

Using supported cryptocurrencies, tourists can now pay for nearly every part of their trip, including airline tickets, visas, the Sustainable Development Fee (SDF), hotel stays, monument entry fees, local guides, and shopping, all through secure static and dynamic QR code payments.

Binance CEO Richard Teng praised the move, saying: “We are excited to partner with Bhutan as we are not only advancing the use of cryptocurrencies in travel but also setting a precedent for how technology can bridge cultures and economies. This initiative exemplifies our commitment to innovation and our belief in a future where digital finance empowers global connectivity and enriches travel experiences.”

Known as the “Kingdom of Happiness,” Bhutan has long prioritised Gross National Happiness over GDP, with a strong focus on sustainability, cultural preservation, and societal well-being. The new system aligns with these values by reducing payment friction and bringing financial inclusion to local communities.

Among the key features of the system:

  • Seamless Experience: Tourists can pay with crypto for all travel-related expenses.

  • Inclusive Reach: Small vendors, even in remote areas, can accept QR code payments.

  • Lower Fees: Transactions cost significantly less than traditional payment methods.

  • Comprehensive Support: More than 100 cryptocurrencies supported, including BNB, BTC, and USDC.

  • Secure and Instant: Real-time confirmations, 2FA, and encrypted transactions via the Binance app.

Behind the local settlement mechanism is DK Bank, Bhutan’s first fully digital bank. Licensed by the Royal Monetary Authority of Bhutan, it aims to deliver accessible financial services to all, including marginalised and unbanked communities.

The launch is being hailed as a bold step forward in integrating digital finance with global tourism — one that could set the benchmark for other nations looking to modernise the travel experience while empowering their local economies.

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