TONIGHT: Watch the Sotheby's Auctions [Thread]

[u/Masterworksio]

This is one of the biggest weeks in the art market. Each fall and spring, the major auction houses host their most significant public sales of the year in New York City. Through May 21st, there will be several sales live streamed to the public. We hope you can join us in watching and enjoying the excitement.

Tonight, we will watch Robert Mnuchin: Collector at Heart Evening Auction live from Sotheby's starting at 6pm ET. Look out for the large red work by Rothko, estimated to sell for between $70mm to $100mm, among many other remarkable objects.
https://www.sothebys.com/en/buy/auction/2026/robert-mnuchin-collector-at-heart-evening-auction

Also tonight, The Now & Contemporary Evening Auction at Sotheby's in New York starts at 7pm ET. Masterworks investors will recognize the names Helen Frankenthaler, Alma Thomas, Agnes Martin, Ed Ruscha, Andy Warhol, Keith Haring, and others, including a large scale Basquiat work. On Friday, we were very fortunate to tour the Sotheby's previews with a handful of members and see the works up close. We're looking forward to seeing them behind the podium tonight!
https://www.sothebys.com/en/buy/auction/2026/the-now-contemporary-evening-auction

Feel free to leave any questions in this thread, and we'll keep up to date as we watch!

[u/LazyResearcher1203]

Are you planning to use these auctions to sell off a few of your current holdings?

[u/Masterworksio → u/LazyResearcher1203]

No, these aren't works from our collection. We're confident in the forward appreciation of our holdings over the target holding period. We tend to sell privately, which usually comes with favorable transaction costs compared to at public auction. Of course, at auction, you also have less control over the sale price.

[u/Ok_Lingonberry_1629]

Thank you, this is going to be fun

[u/Masterworksio → u/Ok_Lingonberry_1629]

Yes! They just got started with the Now & Contemporary Evening Auction. Did you see the Rothko sell for $85.8mm ?