A philanthropic couple’s magnificient art collection goes to auction

Expected to raise over $75m, 26 masterpieces by artists including Miró and Rothko will aid urban renewal, education and Jewish communities across the US and in Israel

Flowers by Andy Warhol, 1964 acrylic and silkscreen ink on canvas, 24in x 24in, estimate $2-3m
Flowers by Andy Warhol, 1964 acrylic and silkscreen ink on canvas, 24in x 24in, estimate $2-3m

On May 16, Sotheby’s New York will hold an auction of 26 masterworks belonging to Morton Mandel and his wife Barbara. The collection includes works by Joan Miró, Mark Rothko, Roy Lichtenstein and Donald Judd; and the couple hopes to raise in excess of $75m for their foundation, which supports philanthropic activities – including urban renewal in Mandel’s native Cleveland, education and aid for Jewish communities – across the US and in Israel. Mandel’s rags-to-riches story has been described as the “epitome of the American dream”. The son of Eastern European immigrants who arrived in America in the early 20th century, he started out, aged 13, selling drinks at his local sports stadium; later, he and his brothers ganged together to buy an auto-parts distribution company, which they eventually parlayed into a multibillion dollar asset. The paintings are on public view at Sotheby’s New York now.

Femme, oiseau by Joan Miró, circa 1969, oil on canvas, 85in x 68.5in, estimate $10-15m
Femme, oiseau by Joan Miró, circa 1969, oil on canvas, 85in x 68.5in, estimate $10-15m
Advertisement

See also

Advertisement
Loading