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The Art Angle Podcast: How an unpleasant divorce sparked the biggest art auction in decades

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Welcome to Art Angle, an Artnet News podcast that explores where the art world meets the real world, bringing each week’s biggest story back to earth. Join us each week for an in-depth look at what matters most about museums, the art market and more with input from our own writers and editors as well as artists, curators and others. leading experts in the field.

This week, we’re not descending so much to earth as we are climbing into the stratosphere of the art market, where only the wealthiest collectors reside.

All eyes are on this top of the market as the art world gears up for what could be the biggest auction of the decade, the Sotheby’s sale of the Macklowe Collection. This group of star-studded works was assembled over 50 years by billionaire couple Harry and Linda Macklowe, but those were happier times.

Over the past five years, their divorce has become so bitter that a judge has ordered 64 of their most prized paintings and sculptures to be auctioned off because they couldn’t agree on another way to divide them. active. The collection of works by Alberto Giacometti, Andy Warhol, Cy Twombly and many more are among the highest quality, first-rate works of art to ever be auctioned. They are expected to bring in more than $ 600 million at Sotheby’s over the next six months. , starting with an evening sale on November 15.

To learn more about how this collection was auctioned and what it reveals about the state of the art market, Artnet News editor-in-chief Julie Halperin spoke to art detective and senior Artnet News reporter Katya Kazakina.

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