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The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

The Most Expensive Works by Mark Rothko Sold at Auction

News RoomBy News RoomMay 15, 2026
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Mark Rothko’s abstractions, recognizable for their rectangularly shaped floating forms and thin washes of color, have been said by critics and historians to invoke the metaphysical. The Russian-American painter relied on these formal elements to imbue his canvases with grand meaning. He famously remarked his works comprise the basic tenets of human feeling: “tragedy, ecstasy, doom.”

The artist is remembered for his disdain for the art establishment as well. Though Rothko rejected associations with the art market’s elite during his lifetime, his paintings have long attracted some of the wealthiest patrons around the globe. In the late 1950s, Rothko produced a series of deep-red murals for the Seagram Building in Manhattan, commissioned by the Bronfman family who owned the historic hotel. The deal fell through when the artist decried the venue for its steep prices, but the works produced for the series went on to become some of the most well-known of his career. Several now reside on view at the Tate in London. The following decade, Texan mega-collectors John and Dominique de Menil assembled a collection of 14 monumental works by the Abstract Expressionist that would line the walls of the now-famed Rothko Chapel in Houston. In 2021, that beloved space reopened after a $30 million restoration.

Now as then, Rothko’s works command some of the highest prices on the market. In May 2026, for example, when dealer Robert Mnuchin’s collection came to auction at Sotheby’s in New York, Rothko’s 1957 painting Brown and Blacks in Reds was given a $70 million–$100 million estimate. While the painting narrowly failed to re-set Rothko’s record, it did make a healthy $85.8 million.

Below, a list of Rothko’s top auction prices.

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