filter_list Showing 3 results for "Sotheby's contemporary auction" close Clear
search
dashboard All 3 trending_up market 3
date_range Range Today This Week This Month All
Subscribe

Who Won New York’s $2.1 Billion Auction Week?

New York City's spring auction week generated approximately $2.1 billion in sales across Christie's, Sotheby's, and Phillips, more than doubling the $1 billion total from May 2024. Christie's led with a $1.3 billion haul, driven by the $630.8 million S.I. Newhouse collection and record prices for works by Jackson Pollock ($181.2 million) and Constantin Brancusi ($107.6 million). Sotheby's netted around $737 million, including a Rothko from the Robert Mnuchin collection, while Phillips rebounded with $115.2 million in a white-glove sale, its strongest New York spring result since 2022.

Early Basquiat to Lead Sotheby’s Contemporary Auctions -

Sotheby’s will offer a rare untitled 1981 painting by Jean-Michel Basquiat at its Contemporary Evening Auction in New York, estimated at $10–15 million. The work, unseen for 36 years, has been held in a private collection since 1989 and captures the raw energy of Basquiat’s breakout period. Other highlights include Lucio Fontana’s *Concetto spaziale, La Fine di Dio* (1963), Robert Rauschenberg’s *Combine Rigger* (1961), Frank Stella’s *Adelante* (1964), and Ed Ruscha’s *That Was Then This Is Now* (1989). The auction is built around three major private collections: the estate of gallerist Barbara Gladstone, the Roy Lichtenstein Foundation, and the “Im Spazio” group assembled by Daniella Luxembourg.

Jennifer Gilbert selling art worth millions to aid Detroit nonprofit

Detroit philanthropist and entrepreneur Jennifer Gilbert is selling major artworks from her personal collection at Sotheby’s this spring, with proceeds going to Lumana, a new Detroit-based arts nonprofit she founded. The collection will be offered across multiple sales, including The Now and Contemporary Evening Auction and Contemporary Day Auction in May, followed by Important Design in June. Highlights include Kenneth Noland’s 1958 painting “Circle” (estimated $4–6 million, a record for the artist) and Joan Mitchell’s 1976 painting “Loom II” (estimated $5–7 million).