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Joan Mitchell becomes most expensive female artist at auction in Asia with US$17.6m Sotheby's sale

Joan Mitchell’s diptych "La Grande Vallée VII" sold for HK$137 million (US$17.6 million) at Sotheby’s Hong Kong, setting a new record for the most expensive work by a female artist ever sold at auction in Asia. The 1983 masterpiece, part of a celebrated 21-painting cycle dedicated to a grieving friend, led a successful Modern and Contemporary Evening Auction that saw a 100% sell-through rate for its 54 lots. Other notable results included a Mark Rothko canvas that more than doubled its low estimate and significant sales for works by Sanyu and Zao Wou-Ki.

Mark Rothko’s Historic Painting Sold at Auction for $8.5 Million -

Mark Rothko’s 1949 painting 'No. 10' sold for $8.5 million at Sotheby’s Modern and Contemporary Evening Auction in Hong Kong, establishing a new auction record for the artist’s 'Multiforms' series. The sale was part of a high-profile event that also saw Joan Mitchell’s 'La Grande Vallée VI' become the most expensive work by a female artist ever sold at auction in Asia.

basquiat museum security sothebys 2752252

Jean-Michel Basquiat’s monumental 1983 painting, 'Museum Security (Broadway Meltdown)', is set to headline Sotheby’s marquee contemporary evening auction this May with an estimate of $45 million. The seven-foot canvas was created during the artist's pivotal year in Los Angeles and features his signature blend of text and symbols, including wry commentaries on the institutionalization and commercial value of art. The work previously sold at Christie’s in 2013 for $14.5 million.

Basquiat's 'Museum Security' to Headline Sotheby's May 2026 Contemporary Evening Auction

Jean-Michel Basquiat’s monumental 1983 painting 'Museum Security (Broadway Meltdown)' is set to headline Sotheby’s Contemporary Evening Auction in May 2026. Estimated to fetch in excess of $45 million, the work is appearing at auction for the first time in over a decade. Before the sale, the canvas will undergo a global tour with stops at the Breuer building in New York, Hong Kong, Los Angeles, and London.