Leading auction houses will compete for the right to sell the collection of Harry and Linda of maclaw
ARTinvestment.RU   16 января 2020

The collection of works of contemporary art, estimated at $700 million, may go up for auction in the spring of 2020

Experts know that when it comes to the appearance on the art@work ndashрынке the upper price segment and of the highest quality, case, likely, one of three notorious D — Death (death), Debt (debt), Divorce (divorce). And that's the last — divorce couples collectors-мультимиллионеров Harry and Linda of macklow — has resulted in the emergence on the market of works of first-class artists, the preliminary estimate is at least $700 million (approximately as estimated at the famous collection of David and Peggy Rockefeller, sold by auction house Christie's spring of 2018 more than $830 million).

According to experts, the total cost of the collection of maclow may surpass this result.

the Battle for the right to sell one of the most valuable collections on the art-рынке here-вот will begin. The former spouses cannot come to an agreement on the division of joint property and diverge in the evaluation of their works of art, therefore, judge of the Supreme court of the state of new-Йорк Laura Drager, leading the case, ordered to sell 65 of the more than 160 works of art from their collections, and the proceeds divided between them.

For a more detailed assessment of works intended for sale (to include, for example, the song "Nine Marilyn" by Andy Warhol, according to court documents valued at $50 million, and "life vest diving" by Jeff Koons, estimated at $10 million, as well as works by Pablo Picasso, Jackson Pollock, Alberto Giacometti, etc.), and the nomination of their sentences by the court were representatives of the three major houses: Sotheby's, Christie's and Phillips. Wins are obviously the one who offers the best warranty on these items. After the right to sell the collection of Rockefeller two years ago won the Christie's, these negotiations will be a real test for their main competitor, the auction house Sotheby's, as well as the first major challenge to his new leadership.

Despite the fact that the approximate date of the auction, which will be sold to a collection of maclou, has not yet been announced, it is expected that experts of the auction houses will be finishing up work before the end of January and will make its proposals in February.

if these suggestions will suit a pair of former spouses-коллекционеров, next spring is waiting for us one of the main events art-рынка this year.

the Material was prepared by Maria Kuznetsova, AI

Source: bloomberg.com