Sotheby’s unveils another Mellon Rothko for May, estimated at between $40 & $60m:

For nearly thirty years, from the time that it was acquired directly following Rothko’s death in 1970, Untitled (Yellow and Blue) held an esteemed place in the renowned collection of Mrs. Paul Mellon. In a life and a world comprised of truly beautiful, personally meaningful, and historically significant works of art, Bunny Mellon had a particular admiration for and predisposition towards the paintings of Mark Rothko. Indeed, the core of the National Gallery Of Art’s collection of works by the artist comes from the Mellon collection and the present work has been exhibited there for a collective ten years.