ArtForum’s Scene & Herd column covered the auctions with David Velasco who was captivated by Jon Colby, the Miami lawyer and former judge, when he appeared bidding from the side of the room for several big lots the first night at Christie’s:

Outside, after the auction, Marc Jacobs stood smoking with diamond dealer (and “Rattle Ring” inventor) John Reinhold. “He really wanted that Liz,” the designer said. Jacobs himself had just picked up Ellsworth Kelly’s Yellow Curve, 1962, for a little under a million dollars. “Auctions are a lot of fun,” he remarked casually. […] At Sotheby’s the next night, the bidder, by now identified as Miami-based medical malpractice lawyer Jonathan Colby, could be seen in a busy skybox in the southwest corner of the room. Still, no one (not even the Rubells, who sat in an adjacent skybox) seemed to actually know him—an unusual situation in the cozy, predictable cadre of high-end collectors. Every so often, Colby would ceremoniously descend from the loge to the auction-house floor, where he would loom auspiciously. Several times he bid, crossing his arms and shaking his head when he reached his limit (as high as $27 million, when underbidding a Rothko), high-fiving his partner when he won (twice, on an early-’60s Joan Mitchell and a 2005 stainless steel Anish Kapoor). It was an inspired performance.

American Idols (Scene & Herd/ArtForum)