05/13/2015 14:14 EDT | Updated 05/13/2016 01:12 EDT

Iconic works by Lucian Freud, Francis Bacon highlights of NYC contemporary art auction

NEW YORK, N.Y. - Spirited bidding is expected Wednesday at a New York City contemporary art auction highlighted by iconic works by Lucian Freud, Francis Bacon and others.Christie's evening sale features Freud's "Benefits Supervisor Resting," which is considered one of the British artist's most celebrated works. It depicts the ample figure of a reclining woman, every fold, curve and blemish of her naked form revealed. It has a presale estimate of $30 million to $50 million.Another painting from the series, "Benefits Supervisor Sleeping," brought $33.6 million at Christie's in 2008. At the time, it was the most expensive painting by a living artist sold at auction. Freud died in 2011.Another painting of a nude, this one by Bacon, could sell for $42 million. "Portrait of Henrietta Moraes" depicts a seductive nude of the artist's close friend and model reclining on a mattress. It has been in the same private collection for nearly 30 years. It was created in 1963, the same year of the artist's retrospective at London's Tate Gallery and Bacon's first major American exhibition at New York's Guggenheim Museum.Cy Twombly's "Untitled," an abstract work created in 1969 with oil-based house paint, wax crayon and lead pencil, is estimated to sell for $35 million to $55 million. An untitled work from 1970 last year set a record for the artist when it sold for $69.6 million at Christie's.Another work bound to create excitement is Andy Warhol's 1963 large-scale silkscreen, "Colored Mona Lisa." Exhibited in many major exhibitions, it is estimated to bring about $35 million.Works by Willem de Kooning, Martin Kippenberger, Franz Kline and Jean-Michel Basquiat and others also are on tap.