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Rothko from Robert Mnuchin collection fetches US$85.8m, becoming artist’s second-priciest work at auction

A red-and-black Mark Rothko painting, *Brown and Blacks in Reds* (1957), sold for US$85.8 million at Sotheby’s New York on May 14, becoming the artist’s second-most expensive work at auction. The canvas came from the collection of Robert Mnuchin, a former Goldman Sachs partner turned gallerist, and was the star lot of a dedicated 11-lot evening sale that totaled US$166.3 million. The winning bid was placed by Sotheby’s chairman Helena Newman on behalf of a telephone client, with the hammer falling at US$74 million against an estimate of US$70–100 million. The painting was originally owned by Joseph E. Seagram & Sons and hung in the lobby of the Seagram Building, a landmark of corporate modernism designed by Ludwig Mies van der Rohe and Philip Johnson.

Botticelli Painting Banned from Export Will Stay in the UK

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), previously placed under an export ban to keep it in the UK, has been acquired by the Klesch Collection. The work, valued at £10.2 million, will remain in England through a three-year loan to the Ashmolean Museum at the University of Oxford. The painting was bought in 1904 by Harriet Sarah Jones Loyd (Lady Wantage) from Italian dealer Elia Volpi, who had acquired it from the Magherini Graziani family.

Deux sculptures de la Roldana préemptées par l'Espagne

Spain has preempted two polychrome terracotta sculptures by Luisa Roldán, known as La Roldana, at an Abalarte auction on December 5, 2025. The works, *La Fuite en Égypte* and *L’Éducation de la Vierge*, each sold for €335,500 including fees. *La Fuite en Égypte* has been acquired by the Museo del Prado in Madrid, while *L’Éducation de la Vierge* has gone to the Museo Nacional de Escultura in Valladolid.

A Grandmother’s Keepsake Turns Out to Be an Imperial Chinese Robe Worth Thousands

A collection of Chinese antiques, including an Imperial robe from the 19th century, was discovered in a chest in London after being kept as family mementos for decades. The items were acquired by Nan Brake, a British translator living in Beijing during the 1950s, who purchased them on excursions around the city. The collection, which features Ming dynasty paintings, Qing dynasty embroidered robes, and jade ornaments, will be auctioned by Roseberys on May 12 with an estimated total value of £40,000 ($54,100). The standout piece is a turquoise silk Imperial robe embroidered with nine five-clawed dragons, likely made for a male member of the emperor's family.