Van Gogh artwork looted by Nazis to be auctioned in New York

A watercolor by Vincent van Gogh that was seized by the Nazis during World War II will be sold next month at auction in New York

NEW YORK -- A watercolor by Vincent van Gogh that was seized by the Nazis during World War II will be sold next month at auction in New York, where it is expected to fetch a price of $20 million or more, the auction house Christie's announced.

Christie's is auctioning the 1888 work, “Wheatstacks,” after facilitating negotiations between the Texas oilman's heirs who own it now and the heirs of two Jewish art collectors who owned it at different times before it was looted by the Nazis. Details of the settlement are confidential, a Christie's spokesperson said.

“Wheatstacks” will be auctioned Nov. 11 along with other artworks from the collection of Edwin L. Cox, a Texas oilman who died last year at age 99.

The work depicts three haystacks towering over harvest workers on a bright summer day.