$500M A. Alfred Taubman Collection to Be Sold Via Sotheby’s This Fall

The works likely comprise the most valuable private art collection ever to hit the block

The Great Florida Sunset, Martin Johnson Heade, 1887.

The Great Florida Sunset, Martin Johnson Heade, 1887.

The estate of billionaire real estate developer A. Alfred Taubman will sell 500 works valued at more than $500 million this fall—the most valuable private collection ever to hit the auction block.

The fantastic array of artwork spans antiquity to contemporary.

The vast collection includes works by Picasso, Rothko, Modigliani, Willem De Koonig, Frank Stella, Winslow Homer and more.

Untitled XXI, Willem de Koenig, 1976.

Untitled XXI, Willem de Koonig, 1976.

“Alfred had an exceptional visual sense that informed his collecting,” said Simon Shaw, co-Head of Sotheby’s Impressionist and Modern Art Department worldwide in a statement. “The upcoming auctions will unveil Alfred’s extraordinary taste across periods and genres. The Taubman name will join such storied American collections as Ford, Gould, Dorrance, Havemeyer and Thannhauser. Interestingly, a number of the works we are presenting for sale were formerly part of those esteemed collections.”

A. Alfred Taubman at his home in Palm Beach. (Photo: Courtesy the Taubman family)

A. Alfred Taubman at his home in Palm Beach. (Photo: Courtesy the Taubman family)

Proceeds from the sale will fund the A. Alfred Taubman foundation and be used to settle the estate’s taxes.

Mr. Taubman passed away in April of this year.

$500M A. Alfred Taubman Collection to Be Sold Via Sotheby’s This Fall