Mark Rothko's 1955 Painting Sells for $46.4 Million at Christie's Auction

Mark Rothko's 1955 painting, Untitled (Yellow, Orange, Yellow, Light Orange), was sold at Christie's New York on November 9, 2023, for $46.4 million, surpassing its estimated value of $45 million. The painting, measuring 81½ x 60 inches, is renowned for its dynamic fields of color that envelop viewers in a dramatic golden glow. It was part of Rothko's personal collection until his death in 1970 and has since been owned by notable collectors, including Paul and Bunny Mellon. The sale underscores the enduring appeal of Abstract Expressionism in the art market.