Christie’s is bringing three major works from Agnes Gund’s legendary collection to auction this May — estimated to exceed $123 million. The headline lot: a 1967 Mark Rothko estimated near $80 million. Also included: a 1961 Cy Twombly and a Joseph Cornell work. Gund, former president of the Museum of Modern Art (MoMA), rarely sold art during her lifetime — most of her collection went directly to institutions. When works of this caliber come to market, it’s more than an auction. It’s a signal. Will this confirm strength at the top of the art market — or test it?
Rothko, Twombly & $123M: The Agnes Gund Sale Breakdown
Will this confirm strength at the top of the art market?