Sotheby’s has secured two major private collections for its autumn New York sales: the Pritzker collection, estimated at $120 million, and the Lauder collection, valued at around $400 million. The Pritzker collection includes Vincent van Gogh’s *Romans Parisiens* (1887) with a $40 million estimate, while the Lauder collection features Gustav Klimt’s *Portrait of Elisabeth Lederer* (1914-16) estimated at over $150 million, along with works by Matisse, Munch, and Martin. The sales will take place at Sotheby’s new headquarters in the Breuer Building this November.
These consignments come as Sotheby’s faces mounting losses—$248 million in 2024—and a weakened auction market, with global sales down 6.2% in the first half of 2025. The Lauder collection is the most valuable consignment announced for the autumn season, offering a critical boost for Sotheby’s amid financial pressures. The sales also highlight the ongoing shift of major collections to auction houses, with rival Christie’s landing the Weis family collection, underscoring fierce competition for high-value estates.