New York art auction fall highlights include Paul Allen collection and a rare Andy Warhol

The fall art auction season kicks off in New York City next week, with auction houses Chrie’s and Sothe’s both expecting to bring in record-breaking sales.
Among the highlights is Chrie’s Paul G. Allen Collection, which includes more than 150 pieces spanning 500 years. The collection, from the estate of the late Microsoft co-founder, includes works Pablo Picasso, Georges Seurat, Paul Cezanne and Lucien Freud.
“Many of the works in the collection are expected to be records for the art. Many of them actually were records for the art at the time that they were purchased Paul Allen from previous auctions, the Freud being one of them,” said Chrie’s Vice Chairman Johanna Flaum.
“We will expect records for Seurat, Cezanne, many of the masterpieces within the collection.”
People look at Henry Moore’s “Reclining Figure: Festival” during a press preview before Sothe’s November auctions in New York, U.S., November 4, 2022. REUTERS/Eduardo Munoz
The estimated $1 billion collection will be sold in two live auctions at Chrie’s Rockefeller Center on Nov. 9-10.
Then on Nov. 17 Chrie’s will hold a 21st century evening sale with highlights that include Jean-Michel Basquiat’s “Sugar Ray Robinson,” a portrait of the legendary boxer.
“Our estimate is in the region of $35 million… This painting is an absolute masterpiece the art,” said Chrie’s Head of the 21st Century Evening Sale, Isabella Lauria.Sothe’s, meanwhile, expects to break records with Piet Mondrian’s “Composition No. II,” estimated in excess of $50 million, and Andy Warhol’s “White Disaster.”
People take a look of Andy Warhol masterpiece from seminal death and disaster series before Sothe’s November auctions in New York, U.S., November 4, 2022. REUTERS/Eduardo Munoz
“The Warhol is estimated to sell in excess of $80 million. There have only been three large scale ‘Disasters’ to come to market in the past 20 years, and each time one has come up – in 2007 and 2013 – it’s reset the auction record for Andy Warhol,” said Sothe’s Head of Contemporary Art for the Americas, David Galperin.
Sothe’s Modern Art Evening Auction will be held on Nov. 14, followed a Contemporary Evening Auction on Nov. 16.
“There are so many amazing works on offer,” Sothe’s head of impression and modern art for the Americas, Julian Dawes, said. “I certainly feel that we will see a very strong market this fall.”
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