The sale established the co-founder of Microsoft's trove as “the most valuable private collection in history,” Christie’s auction house says.
, collected work that spanned centuries. Wednesday's auction included works by Pablo Picasso, Vincent Van Gogh, Rene Magritte, Georgia O'Keeffe and David Hockney.
In this file photo taken on October 12, 2022 Christie's staff view"The Conversation" by David Hockney on display at Christie's Los Angeles in Beverly Hills, California during the media preview of"Visionary: The Paul Allen Collection."The highest bid in Wednesday's auction was $149.
Paul Cezanne's "La Montagne Sainte-Victoire" sold for $137.8 million, Christie's said. Works by Van Gogh and Gauguin also topped $100 million. A woman views"Small False Start" by Jasper Johns on display at Christie's Los Angeles on Oct. 12, 2022 in Beverly Hills, California during the media preview of"Visionary: The Paul Allen Collection.""Never before have more than two paintings exceeded $100 million in a single sale, but tonight, we saw five," said Max Carter, vice chairman of 20th and 21st Century Art at Christies, in a statement.
About 65% of pieces auctioned on Wednesday sold above their expected prices, the auction house said. Proceeds from the sale will go to philanthropic causes, in accordance with Allen's wishes, Christie's said.Another 95 pieces are scheduled to be auctioned on Thursday afternoon under the title "Visionary: The Paul G. Allen Collection Part II," according to
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