Untitled (Yellow and Blue) by Mark Rothko sold for $46.5 million
Mark Rothko’s Untitled (Yellow and Blue) made $46.5 million at Sotheby’s in New York last night. It was the top lot in a contemporary art evening sale which realised $380 million and set seven new artist price records. There was global participation with works consigned from 11 countries and bidders from 40 countries and significant participation from Latin America and Asia.
Mark Rothko’s Untitled (Yellow and Blue), which was owned by Mr. and Mrs. Paul Mellon for over 30 years, sold for $46,450,000 to an anonymous client after it was underbid by an Asian private collector.
Roy Lichtenstein’s The Ring (Engagement) sold for $41,690,000. The work has had only two owners in 50 years and came from the collection of Stefan T. Edlis. The price is nearly 20 times the $2,202,500 the work fetched when it last appeared at auction in November 1997 at Sotheby’s.
There were artists records for Christopher Wool, Sigmar Polke, Mark Bradford, Mark Grotjahn, Danh Vô, Thomas Struth and Helen Frankenthaler.
(See posts on antiquesandartireland.com for May 8 and April 13, 2015).
Andy Warhol’s Superman sold for $14,362,000
Sigmar Polke – Dschungel (Jungle), sold for a new record of $27,130,000
