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Macklowe Collection

This spring, Sotheby’s will offer a further 30 works from the celebrated Macklowe Collection at a dedicated evening sale at Sotheby’s New York on May 16, 2022.

This follows the November sale of 35 works form the collection, which achieved sales of $676.1 million, the most valuable single-owner auction ever staged.

BROOKE LAMPLEY, SOTHEBY’S CHAIRMAN & WORLDWIDE HEAD OF SALES FOR GLOBAL FINE ART:  “The Macklowe Collection tells the story of art in its highest form, with the utmost precision and clarity. Every artist here is represented at a moment of profound creativity.”

The May auction will see a number of leading names from the November sale return, represented by artworks from different, but equally important, moments that act as critical counterpoints to their November counterparts.

Gerhard Richter is among those reappearing, represented in this sale by Seascape, an extraordinary large-scale painting from 1975, capturing the magisterial beauty of the natural world, while at the same time blurring the distinction between photography and painting until they are almost entirely indistinguishable (est. $25-35 million).

Andy Warhol returns, represented by one of his very final works – a monumental self-portrait painted as he contemplated his own legacy and status alongside those of the pantheon of stars who had peopled his works (est. $15-20 million).  Not seen since it was exhibited for the first and only time at Anthony D’Offay’s seminal 1995 exhibition, Vanitas: Skulls and Self-Portraits by Andy Warhol, the painting is joined by another seldom-seen work, Mark Rothko’s meditative, richly-coloured Untitled from 1960 – a critical moment in his career (est. $35-50 million).  Two important paintings by De Kooning will also be included: one, Untitled, from 1961, and another, Untitled XIII, from 1984.

Artists who featured in the November sale will be joined by others whose presence in the collection has not yet been revealed, including Jean Dubuffet, whose radical Grand Nu Charbonneux, from a breakthrough moment, has featured in almost every major exhibition dedicated to the artist (est. $4-6 million).

MARI-CLAUDIA JIMENEZ, SOTHEBY’S CHAIRMAN, MANAGING DIRECTOR & WORLDWIDE HEAD OF BUSINESS DEVELOPMENT FOR GLOBAL FINE ART:  “The extraordinary results we saw in November speak both to the exceptional caliber of the collection as well as to the boundless appetite that exists today in what is undoubtedly a deep market for masterpieces.”

Individually, each of the works represented reflects the artist at their very best. Together, they trace the pinnacle of Western artistic achievement over the last eighty years, from Giacometti and Picasso through to Sigmar Polke, Cy Twombly, Roy Lichtenstein, Jeff Koons, Agnes Martin, Mark Grotjahn and more.

Key highlights from The Macklowe Collection will be on view to the public in Sotheby’s New Bond Street galleries from Tuesday February 22 until March 2.   Highlights will also be exhibited in Palm Beach, Taipei, Hong Kong, and Shanghai before returning to New York for public exhibition ahead of the sale on May 16.

For more information on the Macklowe Collection sale and preview exhibitions please visit Sotheby’s.

For details about the results of the sale of works from the Macklowe Collection sold at Sotheby’s New York in November 2021, please click here.

Smith Greenfield is an independent insurance broker specialising in insurance for collectors of valuable objects including: art insurance, antiques insurance, memorabilia insurance, vintage car insurance, fine wine insurance and more.  To discuss specialist insurance for your collection, please contact our Premier Client Adviser, Imran Moideen, via email imran.moideen@smithgreenfield.co.uk or telephone 020 8603 3730.

Photo:  Gerhard Richter, Seestück (Seascape), 1975, Est.  $25–35 million Sotheby’s