Art Investment

Mark Rothko canvas for 35-50 million dollars put up for auction

Top-lot auction of postwar and contemporary art Sotheby's November 13 will be one of the key works of Mark Rothko «No. 1 (Royal Red and Blue) "

Mark Rothko No. 1 (Royal Red and Blue)

1954 Oil on canvas. 288,9 x 171,5
Source: artdaily.com

on the New York auction of postwar and contemporary art Sotheby's November 13 will canvas Mark Rothko «No.1 (Royal Red and Blue)" (1954). This is one of the eight works selected by the artist for his first solo exhibition at the Art Institute of Chicago. The picture did not leave the private collection of the last 30 years. The canvas will be offered with an estimate of 35-50 million dollars.

In April 1954 addressed to Mark Rothko Art Institute of Chicago curator Katharine Kuh (Katherine Kuh) proposed to hold his first solo museum exhibition. Rothko was actively involved in the preparation of the exhibition, he personally selected eight pieces and even made recommendations about the color of the walls. Of the eight works that participated in the exhibition, four are now in museum collections (the Tehran Museum of Art, the Guggenheim Museum in Bilbao, the museum "Phillips Collection" in Washington and in New York's Whitney Museum), one canvas belongs to his son and daughter of the artist, and only two works, including «No. 1 (Royal Red and Blue) "are in private collections. During the preparation for the exhibition actively corresponded with Kuh Rothko, collecting material for an explanatory booklet. After a visit to the artist's studio in New York, she turned to him with a list of selected paintings - among them, she noted especially "the big red delicious", which was eager to get exposure.

Material prepared by Maria Onuchina, AI

Sources : artdaily.com , artinvestment.ru


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