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Sothebyâs (BID) is gearing up for what could be its biggest auction in history. The vast collection of artwork and sculptures is from billionaire real estate developer and former Sotheby’s owner, A. Alfred Taubman, who passed away earlier this year. The auction flaunts paintings from legendary artists like Rothko, Modigliani and Picasso. With 500 pieces in the collection, the auction could be worth over a half a billion dollars. ‘The contemporary art that Mr. Taubman collected is exceptional,â said Alexander Rotter, sr. vice president & co-head of contemporary art worldwide at Sotheby’s. âIt’s highlighted by two amazing [Mark] Rothko paintings â” one from 1952 and one from 1962. Both of them are expected to sell between $20-$30 million.â As for who is scooping up paintings with 8-
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Why Mark Tepper of Strategic Wealth Partners is watching Salesforce ahead of earnings next week. » Subscribe to CNBC: About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: Find CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Google+: Follow CNBC News on Instagram: The Most Important Things To Watch In Salesforce’s Upcoming Earnings Report | Trading Nation | CNBC
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