Abstract Expressionist,  Art,  Auction Houses,  Contemporary Art,  Mark Rothko,  Sotheby's

A Very Good Year


Mark Rothko’s No.1
Image courtesy Sotheby’s

ROYAL RED & BLUE

Sotheby’s achieved their highest Contemporary Art Evening Sale by tallying $375,149,000 the best auction result in any category in the Company’s history. Mark Rothko’s No. 1: the majestic canvas lead the way with a final bid of $75 Million. Royal Red and Blue was one of eight works hand-selected by Rothko for his landmark solo show of the same year at the Art Institute of Chicago. Measuring 1133⁄4 x 671⁄2 in (288.9 x 171.5 cm), No.1 (Royal Red and Blue) has remained in the same collection for 30 years.

Mark Rothko’s Blue and Gray, via The New York Observer
Mark Rothko’s No. 61 (Rust and Blue)
Source: Museum of Contemporary Art, Los Angeles
Overall, this was the highest auction total in Sotheby’s history. New artist records for: Jackson Pollock, Franz Kline, Hans Hofmann, Arshile Gorky, Robert Motherwell, Wade Guyton, as well as for a work-on-paper by Andy Warhol and a painting by Takashi Murakami. Note: The previous record for a Sotheby’s auction was the May 2008 Contemporary Art Evening Sale which totaled $362,037,000.

Mark Rothko

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