Christie's International, the auction house owned by French billionaire Francois Pinault, is gearing up for its New York sales in May with a Mark Rothko painting that it values at $40 million or more.
Rothko's 1952 red-and-yellow canvas, ``No. 15,'' measuring 90 by 77 inches, is part of a U.S. collection of abstract expressionist art that will be auctioned on May 13, Christie's said in a statement. The auction house declined to name the seller of the work, though it said the painting might set an auction record for the artist.
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