Dubbed Fifty, the sale will offer lots that capture key moments for the shoemaker.
The country’s cultural minister warned of rise in prices after activist threw flour on a Warhol-painted BMW in Milan.
The evening sales brought a whopping total of 104 works to the auction block on Thursday.
The queen’s commode and armchair, offered separately, will both go under the gavel at Christie’s Paris on November 22.
It was the most expensive lot from Sotheby’s fall art auctions, which totaled $391 million in sales.
The artist debuted the work, where a woman appears to balance on the building’s foundation, on his Instagram.
The French limestone work shows the queen in her robes of the Order of the Garter at York Minster Cathedral.
The group says protestors “severely underestimate the fragility” of the works, calling them “irreplaceable.”
Paul Allen’s Art Collection Sells for $1.5 Billion at Christie’s, the Biggest Sale in Art Market History
Five paintings joined the nine-figure club, while 20 artists set new sales records.