Bridget Riley's The Ivy Painting is to star in Sotheby's Made in Britain sale in London on March 25.
Valued at £120,000-180,000 ($184,656-276,984), the piece was commissioned for well-known London restaurant The Ivy in 1998.
It hung on the ground floor (above table 34), next to the establishment's iconic stained glass windows, and is one of a series of artworks and other pieces from the restaurant that have been consigned to raise funds for charity.
Sotheby's comments: "A fixture on the London nightlife scene for almost a century, The Ivy is nestled in the heart of London's theatre district - a haven for actors, authors, politicians and socialites alike.
"Re-designed in the early 1990s by acclaimed architect M.J. Long, the restaurant included works by leading artists of the Post-War period, such as Bridget Riley, Allen Jones, Howard Hodgkin, Peter Blake and Joe Tilson, which are being offered alongside iconic memorabilia such as the doormat, cutlery and cocktail shakers."
Sir Terry Frost's Sonnet to Black is likely to prove another highlight, with a valuation of £70,000-100,000 ($107,709-153,870).
The triptych was inspired by "Another Sonnet to Black Itself", a 17th century poem by Lord Edward Herbert of Cherbury.
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