Led by two Mark Rothko works with estimates at $7m and $9m, Blema and Arnold Steinberg’s collection heavy in color field art will be sold at Sotheby’s this May. Among the works with strong potential is this Helen Frankenthaler (above) called Newfoundland painted in 1975 and offered with a $1.5m low estimate. There are works by Agnes Martin, Robert Motherwell, Kenneth Noland and Adolph Gottlieb. The Steinberg’s more than 100 works acquired over a fifty-year period from the mid 1960s through 2014 will be sold across a range of sales in New York in May and this Fall. The collection carries a global estimate of $40m or more.
Here’s Sotheby’s release:
While representing the vast sphere of artistic innovation that took place across the United States and Canada in the post-war decades, from Abstract Expressionism to the Hard Edge and Minimalist movements, the heart of the Steinberg Collection lies in its extraordinary assemblage of Color Field painting – the finest ever to appear at auction. In addition to important works by Agnes Martin, Robert Motherwell, Helen Frankenthaler, Kenneth Noland and Adolph Gottlieb, the collection is led by two utterly captivating and transcendent paintings by Mark Rothko, both executed in the final year of his life: Untitled (Red and Burgundy Over Blue) (estimate $9/12 million) and Untitled (Red on Red) (estimate $7/10 million).
Michael Macaulay, Senior International Specialist of Sotheby’s Contemporary Art Department in New York, commented: “The Steinberg Collection represents one of the great private curatorial achievements of the past half century, and it is a great privilege to present Blema and Arnold Steinberg’s exceptional vision to the market this year. Informed by rare intelligence, dedicated research and a meticulous eye, the collection represents a pioneering spirit that perceived beyond existing boundaries and forged its own version of art history.”
Highlights from the collection will travel to Hong Kong, Los Angeles, San Francisco, Dallas and Chicago this spring, before returning to New York for a dedicated exhibition in Sotheby’s new galleries in New York.