Lehman Artwork Goes on the Block

Sotheby's will Auction off Lehman Brothers' Artwork on Sept. 25.
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NEW YORK (

TheStreet

) -- Sotheby's will be holding an auction of about $10 million to $16 million worth of art that once hung in the halls of Lehman Brothers and Neuberger Berman on Sept. 25.

The money from the sale will be used to pay off the creditors of the failed investment bank.The collection contains 460 contemporary paintings, drawings, sculptures and photographs. The collection is one of the several assets that were not acquired when

Lehman Brothers Holdings

(LEHMQ)

filed for bankruptcy on Sept. 15, 2008.

Here is a preview of the items that will be auctioned off on Sept. 25. These images were provided by Sotheby's. The full catalogue is available on

Sotheby's website.

Julie Mehretu's Untitled I is estimated to be worth $600,000-$800,000

Julie Mehretu, Untitled 1

Takashi Murakami's Chaos is estimated to be worth $150,000-$200,000.

Takashi Murakami Chaos

John Currin's Shakespeare Actress is estimated to be worth $500,000-$700,000.

John Currin, Shakespeare Actress

Liu Ye's The Long Way Home is estimated to bring in around $500,000-$700,000.

Liu Ye,The Long Way Home

John Baldessari's Stares (with Lamps) is estimated to be worth $350,000-$450,000.

Baldessari, Stares-with Lamps

Damien Hirst's We've Got Style (The Vessel Collection - Blue) is estimated to be worth $800,000- $1.2 million.

Damien Hirst, We've Got Style

Neo Rauch's Einbruch is estimated to be sold at around $400,000- $600,000.

Neo Rauch Einbruch

Fang Lijun's Untitled (Swimmer No. 1), which is signed, titled and dated 1997, is estimated to be worth $200,000-$300,000.

Fang LijunUntitled (Swimmer No. 1)

Mark Grotjahn's Untitled (Three-Tiered Perspective) is estimated to be worth $600,000- $800,000.

Mark GrotjahnUntitled (Three-Tiered Perspective)

Do-Ho Suh's Metal Jacket is estimated to be worth $300,000-$400,000.

Do-Ho SuhMetal Jacket

--Written by Maria Woehr in New York.

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