The sale quadrupled the artist’s previous auction record.
Titled ‘Coin Le Bassin aux Nymphéas’, the work will be offered by Sotheby’s in a New York sale on November 16.
The painting could fetch $54 million.
The sale, which takes place at the Bellagio hotel on October 23, will feature 11 of the towering artist’s works.
Proceeds will be donated to UNICEF to benefit its Covid-19 vaccination program.
“Young Man Holding a Roundel” will be sold in January 2021.