Morton Mandel is always trying to raise the bar, and now he and his wife, Barbara, are continuing their philanthropy by selling their private collection of art.
Morton and Barbara Mandel plan to sell 26 works, all from their private collection, with proceeds to benefit the Jack, Joseph and Morton Mandel Foundation, according to a news release.
The artwork, titled “Raising the Bar: Masterworks from the Collection of Morton and Barbara Mandel,” will be sold via Sotheby’s May 16 auction in New York. The collection is expected to raise in excess of $75 million.
A selection of highlights from the collection will travel the world with exhibitions in Hong Kong, London and Los Angeles. The full collection will be available for public viewing at Sotheby’s New York galleries in a dedicated exhibition opening May 1.
“It has been a joy for us to collect this art and then to live with this art for so many years,” said Morton and Barbara Mandel in a statement in the news release.
The collection includes seven works from artists Joan Miró, Barnett Newman, Mark Rothko, Willem de Kooning, Roy Lichenstein, Donald Judd and Andy Warhol.
“The word passionate is sometimes overused,” said Hugh Hidesley, vice chairman of Sotheby’s Americas in the release. “In the case of Morton and Barbara Mandel, there is no better adjective to describe this amazing couple’s attitude to life, their approach to collecting art and their generous philanthropy over a broad selection of vital causes.”
“Guided by their superb taste and advice from the best in the field, the Mandels approached collecting with the same diligence and thoughtfulness that led them to achieve great success in business and philanthropy,” said Lisa Dennison, chairman of Sotheby’s Americas in the release.
“The result is a superlative collection comprised of many of the key artists who have come to define the 20th century through their innovation and groundbreaking spirit. Today’s market is more focused than ever on the connoisseurship and freshness that this collection engenders, as well as its unique blend of modern and contemporary art.”
Mandel could not be reached for comment.
Willem de Kooning, Untitled VI
Roy Lichtenstein, Girl with Still Life in Landscape