Visionary: The Paul G. Allen Collection
Event date May 2023
Event location New York
Achieving $1.5 billion in a single evening, Visionary: The Paul G. Allen Collection is the biggest sale in auction history
On 9 November in New York, Visionary: The Paul G. Allen Collection kicked off with Part I, which surpassed the $1 billion mark at the 32nd lot and broke records across categories. The evening saw 60 extraordinary works achieve a total of $1,506,386,000, establishing the Allen collection as the most valuable private collection in history. Five paintings achieved prices above $100 million. The works in the sale sold 100 per cent by lot with 65 per cent of the lots selling above their high estimates.
The sales continued on 10 November with a second auction of 95 works, selling at 100 per cent for a total of $115,863,500. Pursuant to Mr. Allen’s wishes, the estate will dedicate its proceeds from the landmark series of sales, totalling $1,622,249,500, to philanthropy.