{"id":22284,"date":"2015-10-27T11:47:02","date_gmt":"2015-10-27T11:47:02","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=22284"},"modified":"2023-12-28T05:53:05","modified_gmt":"2023-12-28T10:53:05","slug":"inside-sothebys-500-million-bet-on-restoring-image-of-ex-chairman","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2015\/10\/inside-sothebys-500-million-bet-on-restoring-image-of-ex-chairman\/","title":{"rendered":"Inside Sotheby\u2019s $500 Million Bet on Restoring Image of Ex-Chairman"},"content":{"rendered":"<p>Robin Pogrebin&#8217;s take on the upcoming sale of the A. Alfred Taubman&#8217;s collection. \u00a0The festivities will start next week and then we might get an indication of\u00a0the health of the upper end of the art market. \u00a0I say &#8220;might&#8221; because there is a $500M guarantee and we have no idea how many third party guarantors are involved. \u00a0Remember\u00a0that\u00a0a work guaranteed by the third party is, for all intents and purposes, already sold. \u00a0In fact, if the seller&#8217;s collection is fully guaranteed, then in reality all the works are already sold.<\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 316px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.nytimes.com\/2015\/10\/24\/arts\/design\/inside-sothebys-500-million-bet-on-its-disgraced-deceased-ex-chairman.html?_r=1\"><img decoding=\"async\" class=\"\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2015\/10\/24taubman-install-master675.jpg\" alt=\"24taubman-install-master675\" width=\"306\" height=\"204\" \/><\/a><p class=\"wp-caption-text\">Taubman Collection<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robin Pogrebin&#8217;s take on the upcoming sale of the A. Alfred Taubman&#8217;s collection. \u00a0The festivities will start next week and then we might get an indication of\u00a0the health of the upper end of the art market. \u00a0I say &#8220;might&#8221; because &hellip; <a href=\"https:\/\/rehs.com\/eng\/2015\/10\/inside-sothebys-500-million-bet-on-restoring-image-of-ex-chairman\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[49,11,9],"class_list":["post-22284","post","type-post","status-publish","format-standard","hentry","category-rehs-galleries","category-rehs-contemporary","tag-auction","tag-rehs-contemporary-news","tag-rehs-galleries-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.8 (Yoast SEO v28.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Inside Sotheby\u2019s $500 Million Bet On Restoring Image Of Ex-Chairman<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2015\/10\/inside-sothebys-500-million-bet-on-restoring-image-of-ex-chairman\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inside Sotheby\u2019s $500 Million Bet on Restoring Image of Ex-Chairman\" \/>\n<meta property=\"og:description\" content=\"Robin Pogrebin&#8217;s take on the upcoming sale of the A. Alfred Taubman&#8217;s collection. \u00a0The festivities will start next week and then we might get an indication of\u00a0the health of the upper end of the art market. \u00a0I say &#8220;might&#8221; because &hellip; More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2015\/10\/inside-sothebys-500-million-bet-on-restoring-image-of-ex-chairman\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-27T11:47:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-28T10:53:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2015\/10\/24taubman-install-master675.jpg\" \/>\n<meta name=\"author\" content=\"Lance Rehs\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lance Rehs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2015\\\/10\\\/inside-sothebys-500-million-bet-on-restoring-image-of-ex-chairman\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2015\\\/10\\\/inside-sothebys-500-million-bet-on-restoring-image-of-ex-chairman\\\/\"},\"author\":{\"name\":\"Lance Rehs\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#\\\/schema\\\/person\\\/34db584ffbf0cf54c708ff5baf53e611\"},\"headline\":\"Inside Sotheby\u2019s $500 Million Bet on Restoring Image of Ex-Chairman\",\"datePublished\":\"2015-10-27T11:47:02+00:00\",\"dateModified\":\"2023-12-28T10:53:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2015\\\/10\\\/inside-sothebys-500-million-bet-on-restoring-image-of-ex-chairman\\\/\"},\"wordCount\":115,\"publisher\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2015\\\/10\\\/inside-sothebys-500-million-bet-on-restoring-image-of-ex-chairman\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/24taubman-install-master675.jpg\",\"keywords\":[\"auction\",\"Rehs Contemporary - Art World News\",\"Rehs Galleries - Art World News\"],\"articleSection\":[\"Rehs 19th &amp; 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