Macklowe Collection Brings Record-Setting Total of $922 Million at Auction
- May 16, 2022 23:58
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.