Christie's to auction S.I. Newhouse Jr. art collection valued at $450 million
Updated
Updated · The New York Times · Apr 24
Christie's to auction S.I. Newhouse Jr. art collection valued at $450 million
8 articles · Updated · The New York Times · Apr 24
Sixteen major works, including Jackson Pollock’s “Number 7A” and Brancusi’s “Danaïde,” will be sold in a May 18 evening sale.
The auction is expected to generate over $450 million, highlighting the exceptional quality, provenance, and rarity of the Newhouse collection.
S.I. Newhouse Jr., former leader of Condé Nast and Advance Publications, assembled one of the nation’s premier private art collections before his death in 2017.
Was S.I. Newhouse a visionary art lover or simply a brilliant blue-chip investor?
Newhouse's Koons Rabbit set a record. In today's market, has its value plummeted?
Will a $100M Pollock reset the entire market for Abstract Expressionism?
How exactly do the ultra-rich use masterpiece art as a tax-efficient cash machine?
As billionaires chase blue-chip art, what is the future for today's emerging artists?
The art market relies on dying collectors. What happens when this 'Great Wealth Transfer' ends?