A Mark Rothko painting from 1958 will lead Christie’s Contemporary and Post-War Auction in New York this coming May, the New York Times reports.  Estimated at $30 to $50 million, competition is expected to be fierce, and initial indications hint that the work may near the artist’s $87 Million record.  “There’s a perception that these kinds of paintings come and they come regularly, but in reality they’re becoming more and more rare,” says Christie’s Contemporary and Post-War Chairman Brett Gorvy. “The year 1958 was probably Rothko’s all-time high as a recognized artist.” 

Read more at New York Times

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