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trending_up market schedule May 15, 2026 visibility 12 link 28 artists, 3 galleries

Robert Mnuchin's $85.7m Rothko leads Sotheby's $407.5m auction in New York

Sotheby's evening auction in New York on May 13, 2025, realized $407.5 million ($433.1m with fees), led by Mark Rothko's "Brown and Blacks in Reds" (1957) from the collection of the late dealer Robert Mnuchin, which sold for $74m ($85.7m with fees). The sale opened with all eleven lots from Mnuchin's collection achieving a 'white glove' result, totaling $140.7m ($166.3m with fees), and continued with a mixed-vendor contemporary section that added $223m ($266.8m with fees), setting four new artist records.

newspaper The Art Newspaper open_in_new Read original
trending_up market schedule May 14, 2026 visibility 16 link 10 artists, 4 galleries

The Most Expensive Works by Mark Rothko Sold at Auction

Mark Rothko's paintings continue to command top prices at auction, with a list of his most expensive works updated in May 2026. The article details sales including 'Orange, Red, Yellow' (1956), 'Untitled' (1952) for $66.2 million, 'White center (Yellow, pink and lavender on rose)' (1950) for $72.8 million, 'No. 1 (Royal Red and Blue)' (1954) for $75 million, and 'No. 10' (1958) for $81.9 million. It also notes that in May 2026, Rothko's 'Brown and Blacks in Reds' (1957) sold for $85.8 million at Sotheby's from dealer Robert Mnuchin's collection, narrowly missing the artist's record.

newspaper ARTnews open_in_new Read original
trending_up market schedule May 15, 2026 visibility 6 link 13 artists

Rothko Leads Sotheby’s $433.1 M. Contemporary Art Sale, UK Returns Artifacts to Ethiopia, and More: Morning Links for May 15, 2026

Sotheby’s kicked off the May marquee auction season with a $433.1 million result from its modern and contemporary art evening sales in New York. The sale was led by Mark Rothko’s painting *Brown and Blacks in Reds* (1957), which sold for $85.8 million from the estate of late dealer Robert Mnuchin, who had purchased it in 2003 for $6.7 million. The auction also saw strong results for works by women artists like Joan Mitchell and ultra-contemporary artists such as Ding Shilun and Yu Nishimura. Separately, the King’s Own Royal Regiment Museum Trust in the UK returned looted artifacts to Ethiopia, including a lock of hair and blood-stained cloth belonging to Emperor Tewodros II, taken during the Anglo-Indian Expedition of 1868.

newspaper ARTnews open_in_new Read original
trending_up market schedule May 15, 2026 visibility 3 link 11 artists, 2 galleries

Sotheby’s Posts $433 Million Haul, as Trophy Lots Continue to Carry the Market

Sotheby's May 2025 evening auctions in New York generated $433.1 million, a 132.7% increase over the same sales last spring, despite offering fewer lots. The evening featured an 11-lot sale from the collection of the late banker-turned-dealer Robert Mnuchin, which alone brought in $166.3 million, led by Mark Rothko's "Brown and Blacks in Reds" (1957) selling for $85.8 million. The main contemporary art auction, including "The Now" sale, totaled $266.8 million, with over 80% of lots guaranteed. Four works went unsold and one was withdrawn, yielding a 91% sell-through rate.

newspaper Artnet News open_in_new Read original

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