The sale is expected to be the most expensive art collection to sell at auction.
New York real estate tycoon Harry Macklowe and his ex-wife, Linda, are selling off 65 pieces from their legendary art collection following their bitter divorce that the auction house Sotheby’s estimates could fetch over $600 million, which would make it the most expensive art collection ever sold.... [+]in two separate auctions in November and May.
Two of the jewels of the collection are “La Nez,” a grotesque hanging statue of a human-like figure with no limbs and a long, pointed nose by sculptor Alberto Giacometti, and Mark Rothko’s “No. 7,” from 1951, when the abstract artist perfected his signature square and rectangle paintings — a Sotheby’s representative said the two works could sell for up to $70 million combined.
Also up for grabs is one of Andy Warhol’s pop prints, “Nine Marilyns,” which features repeating images of actress Marilyn Monroe on a metallic background, estimated to sell for $60 million. A rare sculpture by Pablo Picasso called “Figure ” that the artist created as an homage to the death of his close friend Guillaume Apollinaire, a French poet, and kept in his personal collection until his death could fetch $20 million.
Cy Twombly’s “Untitled” painting from 2007, a monumental canvas with splatterings of red floral shapes, was inspired by Japanese poetry and could sell for another $60 million, the auction house said, adding it will likely appeal toThe initial 34-piece collection to hit the block will preview in Sotheby’s spaces, in New York, Taipei, Hong Kong, London, Los Angeles and Paris before returning to New York, where the sale will take place....
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