How Much Is Seated Woman with Bent Knee Worth?
Last updated: July 7, 2026
Quick Facts
- Insurance Value
- $13.8M (Internal replacement-cost methodology (estimate high +15%))
- Methodology
- comparable analysis
A large, fully worked 1917 gouache-and-pencil nude by Egon Schiele in an iconic bent-knee pose warrants a notional auction estimate of $6–12 million. This range is anchored by recent late‑period nude comparables from $3.5m up to $11m+ for museum‑caliber sheets and reflects the work’s date, completeness, and art‑historical importance.

Seated Woman with Bent Knee
Egon Schiele, 1917 • Gouache on paper
Read full analysis of Seated Woman with Bent Knee →Valuation Analysis
Work identified: Egon Schiele, Seated Woman with Bent Knees, 1917, pencil and gouache on paper, 460 × 305 mm, signed; National Gallery Prague, inv. K 17864. This sheet is a canonical late nude motif, widely reproduced and held by a major European museum [1]. Based on direct comparables for finished late works on paper by Schiele and current Modern category dynamics, the hypothetical auction value (clear title/export) is $6–12 million, with an indicative insurance/replacement value set at ~$13.8 million.
Comparable evidence and price band: At the solid mid-market anchor for late nudes, Dorotheum’s 2025 sale of Crouching Nude, Back View (1917) achieved €3.23m (~$3.5m), a house record for a Schiele drawing [3]. The high ceiling for best-in-class sheets remains well into eight figures: Christie’s sold Ich liebe Gegensätze (1912) for $10.99m in 2023 [2], and Sotheby’s set the modern benchmark for a museum‑grade sheet with Lovers (Self‑Portrait with Wally) at £7.88m (~$12.37m) in 2013 [4]. These results frame today’s pricing corridor for exceptional works on paper by Schiele.
Positioning of the Prague sheet: The 1917 date, fully worked color handling, and complete figure in an archetypal Schiele pose place this work near the upper quartile of the artist’s works‑on‑paper market. Scale is in line with top comparables, and the museum holding supports deep publication and exhibition history—factors that enhance notional replacement value and private-sale confidence [1].
Value drivers and sensitivities: Late (1917–18) color nudes outperform earlier line drawings; completeness, chromatic intensity, and finish command premiums over torso studies or simpler sheets. Conversely, paper tone, fading from light exposure, staining, or restorations can compress results by several million versus an A‑condition example. Recent outcomes underscore this spread: a smaller 1917 torso realized under $1m, while highly finished, widely published sheets can exceed $10m. A current, detailed condition report would refine placement within the $6–12m band.
Market context: The Modern category remains resilient at the high end, with buyers rewarding quality, scholarship, and provenance while remaining estimate‑sensitive [6]. Schiele’s blue‑chip status—underpinned by a long‑standing painting record near $40m and strong results for top drawings—supports depth of demand at these levels [5]. On balance, the Prague sheet’s late date, iconic subject, and institutional stature justify a notional auction estimate of $6–12m and an insurance placeholder of ~$13.8m, pending condition and full curatorial/provenance review.
Key Valuation Factors
Art Historical Significance
High ImpactSeated Woman with Bent Knees is an archetypal Schiele nude—among the artist’s most recognizable body poses and a core subject of his late style. The sheet’s 1917 date places it within the final, fully mature phase of his practice, when his expressive contour, chromatic accents, and psychologically charged figuration were at their height. Works from this period epitomize “Vienna 1900” Expressionism and are central to museum narratives and survey literature. Its status within a leading public collection enhances scholarly visibility, citation frequency, and exhibition prospects, all of which bolster notional replacement value and market confidence. Within Schiele’s works on paper, such late, iconic nudes constitute the category’s most coveted tier.
Medium, Period, and Subject Quality
High ImpactThis is a large, fully worked sheet in pencil and gouache from 1917, a late, peak-quality period for Schiele’s female nudes. Color works on paper of this date command a premium over earlier, simpler line drawings due to their completeness, chromatic intensity, and autonomous, display-ready character. The full-figure, bent-knee pose is both compositionally dynamic and emblematic of Schiele’s erotic-psychological vocabulary, supporting placement toward the upper end of the works-on-paper price curve. In recent sales, late-period color nudes of comparable scale and finish have achieved mid–single-digit millions, with exceptional, museum-caliber sheets reaching into eight figures—providing a robust framework for the present estimate.
Provenance, Publication, and Exhibition
High ImpactInstitutional ownership by the National Gallery Prague implies a clear scholarly record and enhances the work’s publication and exhibition footprint. This depth of documentation reduces market friction, strengthens buyer confidence, and is often reflected in replacement-value determinations even if the object is not actively for sale. Catalogue raisonné confirmation, detailed provenance, and a record of inclusion in reputable exhibitions typically add tangible value in Schiele’s market. While museum-held status can limit immediate liquidity, it simultaneously affirms the work’s caliber and relevance, helping to justify a valuation at the upper end of the works-on-paper range for the artist.
Condition and Dimensions
Medium ImpactAt roughly 46 × 30.5 cm, the sheet sits squarely within the favored size band for Schiele’s late nudes, suitable for prominent display. That said, condition is a key price determinant for water-based media on paper: paper tone, colorfastness, prior light exposure, mat burn, handling creases, or retouching can shift value by several million dollars versus an A- to A+ example. A recent, high-resolution condition report (including UV) and light-exposure history would allow tighter placement within the $6–12 million band by confirming pigment strength and paper health. In the absence of such reporting, we prudently position the estimate across a mid-to-upper range.
Market Liquidity and Legal/Export
Medium ImpactAs a museum-held work in a European national collection, near-term transactional liquidity is limited unless deaccessioned and legally exportable. However, the valuation presented is a fair-market indication of what the work would achieve in a competitive auction or private sale if title and export were clear. Schiele’s market remains deep for authenticated, well-documented late nudes, but results are estimate-sensitive. Replacement values are typically set above likely auction outcomes to reflect scarcity, transaction costs, and risk. Any cultural-property designations or export restrictions would influence marketability and venue choice but do not diminish notional value for insurance or indemnity purposes.
Sale History
Seated Woman with Bent Knee has never been sold at public auction.
Egon Schiele's Market
Egon Schiele is a blue-chip pillar of early 20th‑century Austrian Expressionism with a long-established, global collecting base. Top oils have achieved around $40m at auction, underscoring the artist’s trophy-level appeal and market depth [5]. While oils are scarce, roughly 90% of the trade volume is on paper, where the best sheets now command multi‑million prices. In 2023, a museum-caliber gouache/watercolor, Ich liebe Gegensätze, realized $10.99m at Christie’s, reaffirming the eight‑figure ceiling for exceptional works on paper [2]. A 2013 sale of Lovers (Self‑Portrait with Wally) at ~$12.37m remains a benchmark for iconic sheets [4]. Supply is tightly constrained; restituted works have added vetted inventory and visibility, sustaining competitive bidding at the high end.
Comparable Sales
Crouching Nude, Back View (Kauernder Rückenakt)
Egon Schiele
Same artist and year (1917), gouache/crayon on paper, similar size to the Prague sheet, and a fully worked female nude—very close in period, medium, and subject. Strong, well‑publicized result for a late nude.
$3.5M
2025, Dorotheum Vienna
Seated Female Nude with Green Boots (Torso) (Sitzender weiblicher Akt mit grünen Stiefeln (Torso))
Egon Schiele
Same artist and year (1917) and same work-on-paper technique with gouache/watercolor/crayon. Smaller and a torso study rather than a full figure, but directly comparable on date and medium.
$699K
2026, Christie's New York
~$685K adjusted
Ich liebe Gegensätze (I Love Antitheses)
Egon Schiele
Museum‑caliber work on paper (gouache/watercolor/pencil), highly worked and restituted, demonstrating the current eight‑figure ceiling for top Schiele sheets. While earlier (1912) and a different motif, it benchmarks best‑in‑class pricing for works on paper.
$11.0M
2023, Christie's New York
~$11.7M adjusted
Lovers (Self‑Portrait with Wally)
Egon Schiele
Iconic, fully worked work on paper (gouache/pencil) from 1914/15 that set the modern benchmark for exceptional Schiele sheets at auction. Serves as a historical ceiling indicator for museum‑level works on paper.
$12.4M
2013, Sotheby's London
~$16.7M adjusted
Knabenbildnis (Herbert Reiner) (recto); Zwei weibliche Akte mit Draperie (verso)
Egon Schiele
Work on paper with a key verso study of two female nudes; earlier (1910) but demonstrates pricing for well‑documented sheets that include significant nude studies.
$2.2M
2023, Christie's New York
~$2.4M adjusted
Stehender Akt mit Draperietuch (Standing Nude with Drapery)
Egon Schiele
Restituted 1911 drawing of a standing female nude; same artist, subject and medium (work on paper). Earlier and less elaborate than a large 1917 sheet, but useful as a floor for quality nude drawings.
$1.1M
2024, Christie's New York
~$1.1M adjusted
Current Market Trends
The Modern category shows resilient high-end demand amid an estimate-sensitive, quality-driven market. After a softer 2024, 2025 data indicate stabilization and renewed confidence for blue‑chip names, with buyers rewarding great examples, strong provenance, and scholarship [6]. Within Vienna 1900/Austrian Expressionism, headline Klimt results and record pricing for museum-grade Schiele drawings have reinforced depth and global participation. Works on paper continue to perform robustly, with a pronounced spread between exceptional, fully worked sheets and secondary material. Guarantees and private sales remain influential, but auction ceilings are supported when consignments align with realistic estimates and best-in-class quality—conditions well matched to late, iconic Schiele nudes.
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Sources
- National Gallery Prague – Seated Woman with Bent Knees (1917), inv. K 17864
- Christie’s – 20th Century Evening Sale results (Nov 9, 2023)
- Dorotheum – Million-euro price for Schiele (record for a drawing) (Nov 18, 2025)
- The Art Wolf – Sotheby’s 2013 London results (includes Schiele Lovers/Wally record on paper)
- Sotheby’s – Houses with Laundry (Suburb II), auction record for a Schiele painting (2011)
- Art Basel & UBS – The Art Market Report 2025