The Phillips auction of Modigliani’s rare limestone *Tête* (1911–12) on November 17 drives current sentiment, with its $28–35 million estimate positioned conservatively against past sculpture results like the 2010 $52.8 million record and 2019 $34.3 million sale. Traders weigh the work’s status as one of the largest private examples from the artist’s limited head series, its first public offering after more than 50 years in a single collection, and recent European momentum for Modigliani sculptures. International previews in London, Paris, and New York have heightened visibility, yet the spread across brackets reflects uncertainty over whether strong demand will push results well above estimate or stay within the house’s range amid broader modern art market conditions.