Masterworks from the Taubman collection brought in $377 million at Sotheby’s in New York last night. In its first appearance at auction Modigliani’s portrait of Paulette Jourdain made $42.8 million after five bidders from around the globe competed. It went to an Asian buyer. A total of twelve works achieved more than $10 million and Frank Stella’s Delaware Crossing more than doubled the previous auction record for the artist when it made $13.7 million.
Willem de Koonings Untitled XXI sold for $24.9 million. A private European collector paid $20.4 million for Mark Rothko’s Untitled (Lavender and Green) and Femme assize sur une chaise by Pablo Picasso (a portrait of Dora Maar) made $20 million. A selection of six works on paper by Egon Schiele sold for $13.5 million and all 14 sculptures were sold, with a combined total of $37.9 million.
More than 400 works from the collection of the late A Alfred Taubman are to be sold across various auctions at Sotheby’s throughout 2016. (All images courtesy Sotheby’s).
(See posts on antiquesandartireland.com for October 4 and September 7, 2014).