The auction house said Friday that Rene Magritte, Camille Pissarro and Georges Braque are among the artists whose works will be sold during a series of auctions in November and December 1.
Additional works will be offered in London in November and February. The total is expected to bring more than $17 million.
Among the highlights is Magritte's "The Straight Road." Its pre-sale estimate is up to $3.5 million.
Israel Museum Director James Snyder said in a statement that the sale will eliminate redundancies in its collection and generate funds for future acquisitions.
The Jerusalem museum completed a three-year renewal project in 2010 that included the re-evaluation of its encyclopedic collection.
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