Paul Allen's Masterpiece-Filled Collection Sells for $1.5 Billion at Christie's, the Biggest Sale in Art-Market History | Artnet News

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Paul Allen’s masterpiece-filled collection sells for $1.5 billion at Christie's, the biggest sale in art-market history:

Masterpieces by Van Gogh, Cézanne, and Seurat soared in New York on November 9, shrugging off geopolitical turmoil, rising inflation, and fears of a recession. In an unprecedented evening,

The result smashed the previous single-evening high of $852.9 million at Christie’s at the peak of the market in 2014. It also handily surpassedtrove assembled by Harry and Linda Macklowe, making Allen’s the most valuable single-owner collection ever sold. And it’s not over yet: The second part of the collection, estimated at $58 million to $87 million, will be offered on November 10.Heading into the evening, the mood was buzzing and expectations were sky high.

A cofounder of Microsoft with Bill Gates, Allen began to collect seriously in 1992, when the art market was on its knees. One of his first acquisitions at auction was Monet’soffered at Christie’s. “Between us, we managed to get some wonderful paintings for Paul,” Nash said, listing the Seurat as well as Van Gogh’s landscape,Verger avec cyprèsThe 150 lots at Christie’s span 500 years, from Renaissance pictures to contemporary art. Allen gravitated toward artists who spoke to his scientific mind and explored new ways of presenting space on canvas as well as those who depicted landscapes .

 

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Watched the Miró sculpture sale live. Phenomenal.

👏👏👏👏

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