Christie's, Sotheby's go head-to-head (2)

Sotheby’s is also auctioning off a painting owned by Madonna, called "Three Women at the Red Table" by Fernand Leger.

"Right now, she has decided to sell the work and put the proceeds into a charity she has called ’Ray of Light.’ The proceeds go to girls’education in the third world." David Norman, Chiarman of Impressionist and Modern art,Sotheby’s said.

In another part of New York City is rival auction house Christie’s, also boasting pieces from the Impressionist, Modern, Post-War and Contemporary periods.