The new date is Nov 9, 2022, 09:52pmEST.
The most valuable single-owner art collection ever sold at auction only one day into a two-day sale sold for more than $1 billion at Christie's Wednesday evening, setting a new record for the most valuable single-owner art collection ever sold.
95 artworks from Allen's collection are going to be auctioned on Thursday. The piece by Claes Oldenburg that is expected to sell for as much as $7 million is one of the pieces on sale.
$922.2 million was spent on goods and services. The previous record was set for the most valuable art collection sold at auction. In May of this year, Manhattan real estate mogul Harry Macklowe and his former wife Linda sold their art collection.
The auction records for 17 artists were broken. The artwork was created by Seurat, Gauguin, Cézanne, Klimt, Van Gogh, Jasper Johns, Henri-Edmond Cross, Henri Le Sidaner, Paul Signac, Andrew Wyeth, Lucian Freud, Jan Breughel the Younger.
Allen was worth more than $20 billion in the year he died. He co founded Microsoft with Bill Gates. His sister Jody has been selling off his estate and taking care of his foundation.
After visiting the Tate Modern in London in the early 1990s, Allen realized that he too could own world-class artwork, and so he started collecting art. Allen has a collection that spans more than 500 years of art history, from the earliest days of painting to the present day. He said that pointillism reminded him of coding. The landscape of Venice is included in the auction.
Allen had a large art collection. According to Christie's, the auction of more than 150 pieces isn't the full picture because Allen didn't reveal his art when he died. An investigation by Artnet found that Allen's artwork was worth an additional $500 million.
The Billion-Dollar Art Auction is inside.
It could be the biggest art auction ever.
Here are the 10 biggest US billionaire art purchases. Is Paul Allen's collection going to make the list? There is a magazine called "Forbes."