The Macklowe collection is up for auction at Sotheby’s: it is worth over 600 million dollars
The assets of the couple have been accumulated for over 60 years of careful research.
Let’s find out together which artists will be sold
Harry and Linda Macklowe, couple of the New York dealing in the real estate sector, from the 1950s till today have put together an art collection that is the envy of the greatest museums in the world.
Already in 2018, the historic couple had decided to divorce, entrusting the division of assets to a judge, who established that 65 works of art should go to auction at Sotheby’s New York.
Today, after various complications also due to the pandemic, the dates of the incredible auction sale were disclosed: November 15, 2021 and May 2022.
The estimated value of the works at auction is the highest ever recorded for a private art collection: well over $ 600 million, even surpassing the Rockefeller collection ($ 500 million)
The works of the Macklowe collection
The top lots will be a work by Alberto Giacometti, “Le Nez” (1964) and “No.7” (1951) by Mark Rothko, both with an auction base of over 70 million dollars.
And again “Nine Marilyns” (1962) by Andy Warhol and “Untitled” (2007) by Cy Twombly, estimated between 40 and 60 million dollars, but also “Seestuck” (1975) by Gerhard Richter and “Figure (Project for a monument of Guillaume Apollinaire) ”, valued between 20 and 30 million.
Finally, there is no shortage of works by Willem De Kooning, Sigmar Polke, Jeff Koons, Brice Marden and Agnes Martin.
According to Charles Stewart – CEO of Sotheby’s – “The Macklowe Collection is the most incredible collection of Modern and Contemporary Art ever to come in the market (…) and the sale will go down in history as one of the reference events for the art market and the history of Sotheby’s “
The works of the collection will travel the world in a traveling “Preview”, which will touch New York, Taipei, Hong Kong, London, Los Angeles and Paris, before the big auction on November 15th.