(Bloomberg) -- Deutsche Bank plans to sell around 200 works from its art collection that holds more than 55,000 works in total.
Only objects that do not belong to the collection's main focus -- works on paper and photographs -- will be sold, according to a statement on Thursday. This includes paintings, sculptures, drawings and prints from the early classical modernist period of the early 20th century.
In addition, paintings and sculptures from the postwar modernist period from 1945 to the 1970s will be offered for sale.
Read more: Deutsche Bank Pulls Iconic Artworks From Its New York City Lobby
The works will be auctioned internationally over the next three years through Christie's in London and Paris and Ketterer Kunst in Munich. The first works will go under the hammer at a Christie's auction in Paris on Oct. 22.
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