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Moments ago, at a global livestream event, Sotheby’s revealed details of the forthcoming landmark sales of The Macklowe Collection — one of the most important collections, of any kind, ever to come to the market. Each of the 65 works is a consummate masterpiece in its own right; together they constitute an unrivalled ensemble that charts the highpoints of Western artistic achievement of the last 80 years.
Acquired over the course of half a century, the collection is the fruit of decades of searching, honing, and refining, driven by immense patience and an innate understanding of quality. Estimated to realize in excess of US$600 million — the highest estimate ever placed on any collection to come to auction — The Macklowe Collection will be offered across two dedicated evening single-owner sales at Sotheby’s in New York, on November 15 this year, and in May 2022.
“The Macklowe Collection is a collection formed as the result of decades of rigorous, fearless and informed pursuit. The works are not only defining masterpieces of each artist’s aesthetic, they also speak to our emotions, our intellect and the daunting complexities of the human condition. The rarity, power and exceptional quality of Giacometti’s Le Nez — a fundamentally modern work — sets the tone for the entire collection, which continues, without pause, through to works created in the last decade.”
Brooke Lampley, Sotheby’s Chairman & Worldwide Head of Sales for Global Fine Art
“These two sales — both uninterrupted streams of masterpieces — will be era-defining. While the voracious appetite for the best of the best is a constant in our world, the coming to the market of The Macklowe Collection will undoubtedly mark a watershed moment, elevating the playing field for collectors and for the art market as a whole.”
Mari-Claudia Jiménez, Sotheby’s Chairman, Managing Director & Worldwide Head of Business Development for Global Fine Art
The first of the two sales will feature 34 works which together encompass an extraordinary breadth of 20th- and 21st-century art, ranging in date from the 1940s to works painted less than a decade ago, and including masterworks by Alberto Giacometti, Mark Rothko, Cy Twombly, and Andy Warhol. The sale will also shine a light on a distinguishing feature of the collection as a whole: its enormous depth. Many artists – among them Jeff Koons, Brice Marden, Agnes Martin, Sigmar Polke, Gerhard Richter, Cy Twombly and Andy Warhol – are represented by multiple works, each one marking a distinct and critical moment in their respective careers, and together forming an insightful portrait of the artists’ evolution over time.
THE MACKLOWE COLLECTION, NOVEMBER 15:
SELECTION OF HIGHLIGHTS
“Giacometti’s Le Nez dominates a room like few other sculptures I have ever seen. With its extraordinary combination of references and influences, from Surrealism to African sculpture to Jean-Paul Sartre, it encapsulates the aesthetic and intellectual essence of Giacometti’s art.”
Helena Newman, Sotheby’s Chairman, Europe, and Worldwide Head of Impressionist & Modern Art
Highlights from The Macklowe Collection are now on view to the public in Sotheby’s New York galleries until September 12, after which highlights from the November sale will be exhibited around the world as outlined below. Overview details on the collection are currently to be found on www.sothebys.com, where the full catalogue —complete with illuminating essays, videos and interactive features — will be available later this fall. Once the collection returns to Sotheby’s New York galleries ahead of the sale in November, there will also be a full virtual and physical program of talks, tours and other events — details of which will follow.
The Macklowe Collection, November 15, 2021. Preview Exhibitions:
New York: September 9 – 12
Taipei: September 18 – 19 (By Appointment Only)
Hong Kong: October 7 – 11
London: October 9 – 17
Los Angeles: October 14 – 17
Paris: October 21 – 24
New York: November 5 – 15
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