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trending_up market schedule May 15, 2026 visibility 14 link 20 artists, 7 galleries

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.

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Helen Frankenthaler at Kunstmuseum Basel

Kunstmuseum Basel has opened a major exhibition of Helen Frankenthaler's work, running from April 18 to August 23, 2026, featuring over 50 large-format pieces spanning six decades. The Helen Frankenthaler Foundation loaned 37 works for the show. The article also notes recent auction results, including Christie's offering of 'The Last Minute in April' (1974) for an estimated $2–3 million, and Sotheby's sales of 'St. John' (1971) for $2.1085 million and 'Perseus' (1983) for $2.804 million. Previous European exhibitions of Frankenthaler's work are listed, including shows at Museo di Palazzo Grimani, Museum Folkwang, Palazzo Strozzi, and Museum Reinhard Ernst.