The Macklowe Collection is one of the most important collections in the art market, comprising 65 works by artists from the 20th and 21st centuries. On November 15, 2021, auction house Sotheby's offered 35 lots from the collection on an evening sale in New York, while a second sale was scheduled for May 16, 2022. Ultimately, every single lot in the November and May auction sales was purchased, leading to a so-called "white glove sale", generating a combine revenue of around 922 million U.S. dollars. A painting by Mark Rothko titled "No.7" recorded the highest sale price of the two auctions, being sold for nearly 82.5 million U.S. dollars. Meanwhile, another important art collection, the Cox Collection, was sold by auction house Christie's in New York in November 2021.
Most expensive lots of the Macklowe Collection sold by Sotheby's at auction in the United States as of May 2022
(in 1,000 U.S. dollars)
Characteristic
Sale price in thousand U.S. dollars
Mark Rothko - No.7
82,468.5
Alberto Giacometti - Le Nez
78,396
Jackson Pollock - Number 17, 1951
61,161
Cy Twombly - Untitled
58,863
Mark Rothko - Untitled
48,008
Andy Warhol - Nine Marilyns
47,373
Andy Warhol - Sixteen Jackies
33,872.3
Gerhard Richter - Abstraktes Bild
33,010.5
Gerard Richter - Seestück [Seascape]
30,198.5
Pablo Picasso - Figure (Projet pour un monument à Guillaume Apollinaire)
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Sotheby's. (May 16, 2022). Most expensive lots of the Macklowe Collection sold by Sotheby's at auction in the United States as of May 2022 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1039293/the-macklowe-collection-most-expensive-lots-sold-sotheby-s-us/
Sotheby's. "Most expensive lots of the Macklowe Collection sold by Sotheby's at auction in the United States as of May 2022 (in 1,000 U.S. dollars)." Chart. May 16, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1039293/the-macklowe-collection-most-expensive-lots-sold-sotheby-s-us/
Sotheby's. (2022). Most expensive lots of the Macklowe Collection sold by Sotheby's at auction in the United States as of May 2022 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1039293/the-macklowe-collection-most-expensive-lots-sold-sotheby-s-us/
Sotheby's. "Most Expensive Lots of The Macklowe Collection Sold by Sotheby's at Auction in The United States as of May 2022 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 16 May 2022, https://www.statista.com/statistics/1039293/the-macklowe-collection-most-expensive-lots-sold-sotheby-s-us/
Sotheby's, Most expensive lots of the Macklowe Collection sold by Sotheby's at auction in the United States as of May 2022 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1039293/the-macklowe-collection-most-expensive-lots-sold-sotheby-s-us/ (last visited November 23, 2024)
Most expensive lots of the Macklowe Collection sold by Sotheby's at auction in the United States as of May 2022 (in 1,000 U.S. dollars) [Graph], Sotheby's, May 16, 2022. [Online]. Available: https://www.statista.com/statistics/1039293/the-macklowe-collection-most-expensive-lots-sold-sotheby-s-us/
