Carol Vogel tells us that Christie’s Laura Paulson landed a very big collection of works owned by David and Geraldine Pincus, collectors who lived in Philadelphia, that is expected to make $100m or more:
Top among the paintings up for sale is a 1961 Rothko, “Orange, Red, Yellow,” which the Pincuses bought from the Marlborough Gallery in New York in 1967. Measuring nearly 8 feet by 7 feet, the painting is unusually large and of vibrant orange and reds. It is estimated to sell for $35 million to $45 million.
There have not been many paintings by Pollock at auction recently, and Christie’s will be selling “No. 28,” from 1951, one of his combinations of drip and painting in shades of silvery gray with red, yellow and shots of blue and white. Its estimate is $20 million to $30 million.
The auction will also include Newman’s, “Onement V,” from 1952. The last of a series of five paintings, it is the only one that is not in an American museum. The canvas, of rich blues, is expected to bring $10 million to $15 million.
Christie’s will also be selling the Pincuses’ de Kooning paintings and sculptures. One of the paintings, “Untitled V,” from 1983, was included in the recent de Kooning retrospective at the Museum of Modern Art. It is expected to bring $4 million to $6 million.
Inside Art: Personal Connections Lead to a Special Auction (New York Times)
