Christie's auction house says 38 works belonging to the late actress will be included in Impressionist and modern sales on Feb. 7 and 8.
It includes a Vincent van Gogh painting, estimated to be worth $7.6 million to $11 million. Taylor's father, a London art dealer, bought the painting for her in 1963 for just over $250,000.
Taylor died last March at 79 years old. A recent auction of her jewelry, clothes, and movie memorabilia brought in $156 million- with one buyer paying $8.8 million for a 33.19-carat diamond ring given to the screen goddess by Richard Burton, the actor she married twice.
The works will be on display at Christie's London showroom Feb. 2-7. Proceeds from the art sale will go to the Elizabeth Taylor Trust, which manages her estate.
The Associated Press contributed to this story.