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trending_up market schedule May 15, 2026 visibility 22 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 Apr 22, 2026 visibility 13 link 3 artists

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).

newspaper Detroit Free Press open_in_new Read original

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