Macklowe Collection Brings Record-Setting Total of $922 Million at Auction

  • May 16, 2022 23:58

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Mark Rothko’s “Untitled” from 1960, sold for $48 million at Sotheby’s auction of the Macklowe Collection Monday night.

The Macklowe Collection realized $246.1 million at Sotheby's on Monday night, part of a $922.2 million total across two auctions — making it the the most valuable collection ever sold at auction. The Macklowe's art beat the Rockefeller Collection as the priciest collection at auction, surpassing its $835.1 million record at Christie’s in 2018.

The billionaire couple, real estate magnate Harry Macklowe and his former wife Linda Macklowe, sold their blue-chip modern and contemporary works as part of their highly-publicized divorce. Highlights of the first sale in November 2021 included Mark Rothko’s No. 7, which sold for $82.5 million and Albert Giacometti’s Le Nez, which achieved $78.4 million.

In Monday evening’s sale the top lots included Mark Rothko’s Untitled, which sold for $48 million, Gerhard Richter’s Seestück (Seascape), which realized $30.2 million, Andy Warhol’s Self Portrait, which achieved $18.7 million, and Willem de Kooning’s Untitled, which sold for $17.8 million.

Read more at New York Times

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