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The Most Expensive Collection of the 20th Century, Owned by Macklowe, Is Up for Sale

10.09.2021
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The Most Expensive Collection of the 20th Century

The Sotheby’s New York evening auction in November and May will sell a collection of 65 pieces with the highest estimate in history.

Masterpieces by Alberto Giacometti, Mark Rothko, Andy Warhol, and other stars from the Macklowe collection will be sold at two Sotheby’s Evening Auctions in New York. The events are scheduled for November 15, 2021, and May 2022. The Macklowe Collection is the greatest collection of 20th century and contemporary art which is estimated at 600 million dollars. This is the highest estimate in history for a single collection. For comparison: the collection, which went to Christie’s in 2017 for 850 million dollars, was originally estimated at 500 million dollars.

New York-based Harry Macklowe divorced his wife Linda in 2016 after 59 years of marriage. Among the property that was to be divided by the spouses, American Forbes named apartments in Manhattan and Hamptons, a 150-foot yacht, and a collection of modern art, which Christie’s insurance experts estimated at 1 billion dollars.

New York-based Harry Macklowe

65 lots from the Macklowe collection will be sold at two Sotheby’s New York auction sessions. The first auction includes 34 works created from the 1940s to the present day. Many artists, including Jeff Koons, Brice Marden, Agnes Martin, Sigmar Polke, Gerhard Richter, Cy Twombly are represented in the collection by several works, each of which is responsible for a new period in their work, demonstrating the evolution of the artistic method authors.

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