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Fifteen years after Solomon R. Guggenheim's death, his foundation sold 50 of its 170 Kandinsky paintings due to space issues. The sale, intended to prevent the artworks from being hidden away, resulted in a total of £536,580, significantly lower than their current estimated value. One painting, Betonte Ecken, is expected to fetch between $60 and $80 million at an upcoming auction, highlighting Kandinsky's rising status in the contemporary art market. The painting reflects Kandinsky's theoretical approach to form and geometry, and its rarity contributes to its high value. Guggenheim's foundation retains over 150 of Kandinsky's works, including iconic pieces.