The prize item in Sotheby's New York sale of contemporary art on May 15th is by Mark Rothko, a Latvian-born, American abstract expressionist. David Rockefeller picked up the painting, titled White Centre, for around $10,000 in 1960, and it hung in his outer office when he was chairman of the Chase Manhattan bank. The painting is described by Oliver Barker of Sotheby’s, with barely a trace of exaggeration, as "a masterpiece".The top price fetched by a Rothko to date is about $22 million. But experts of the hoity and/or toity expect White Centre to go for upwards of $45 million. In fact, rumor has it that Sotheby's has guaranteed Rockefeller a cool $40 million at a minimum.
So basically, all I have to do is come up with about $50 million to get my grubby little hands on this modern masterpiece (I figure I'll need a few extra million for bribes and other incidentals).
I'm coming up a little short so far. I've got about 12 bucks. So anyone want to loan me $49,999,988?
tagged: Mark Rothko, art, White Centre, Rockefeller, Sotheby's, auction, culture