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Art market: new record in New York with the sale of the Macklowe collection


The hyper-dynamic auction market for works of art in New York has once again broken a record claimed by Sotheby's: 922 million...

The hyper-dynamic art auction market in New York has once again broken a record claimed by Sotheby's: 922 million dollars for the very famous Macklowe collection sold twice, last November and Monday 16 May evening.

Read alsoHarry B. Macklowe, the billionaire who has two loves

Sotheby's, which has moved from London to New York and since 2019 has been owned by Franco-Israeli telecom magnate Patrick Drahi, dominated the fall season in November by totaling $676.1 million in sales in a single evening. with the first batch of 35 works from this Macklowe collection.

On Monday night, Macklowe's other 30 plays sold out within 90 minutes for $246.1 million.

With a

"total of 922.2 million dollars"

, this makes it

"the most expensive collection ever sold at auction"

, welcomed Sotheby's.

It was put on the market in two batches following the divorce of the wealthy couple formed by Harry Macklowe, a real estate developer, and Linda Burg, an honorary administrator of the Metropolitan Museum of Art (Met) in New York.

Among the successful sales of the evening, the painting


by Mark Rothko went for 48 million dollars, the


by Gerhard Richter sold 30.2 million dollars and the

Self Portrait

by Andy Warhol which reached 18.7 million dollars, according to Sotheby's.

In November,

Le Nez

by Alberto Giacometti, an impressive suspended bronze on which the sculptor had started working in 1947, had been sold for 78.4 million dollars, N°7, a minimalist painting by Mark Rothko, 82.4 million and

Number 17 , 1951

by Jackson Pollock sold for $61.1 million.

Read alsoThe escalation of auctions in New York

The art market is doing wonderfully in New York.

The spring sales season began on May 9 at Sotheby's competitor Christie's (owned by French wealthy François Pinault), which sold a portrait of Marilyn Monroe

Shot Sage Blue Marilyn

by Andy Warhol for 195 million dollars.

The most expensive 20th century work of art ever sold at public auction.

Thursday evening, Christie's had also sold for 831 million dollars of works, including the bronze sculpture

Petite danseuse de quatorze ans

, by Edgar Degas, part at 41.6 million dollars, the highest ever reached at auction for the French artist.

And the


, a skeleton of a Deinonychus antirrhopus dinosaur, made up of 126 fossilized bones and measuring more than three meters long, was sold for 12.4 million dollars.

Source: lefigaro

All business articles on 2022-05-17

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