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Sotheby’s to sell $100m collection of art-world luminary David Teiger

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For visionary collector, patron and museum trustee David Teiger, art took precedence over all else. Redefining the meaning of connoisseurship and great collecting, Teiger considered himself a custodian of the work as opposed to its owner. A consummate collector who maintained clarity of vision and purpose over so many styles and decades in a way few collectors could, he built a kaleidoscopic collection, superlative in its diversity and depth and daringly ahead of its time.

Through a series of global sales set to launch with a dedicated evening auction in London this October, The History of Now will present Teiger’s esteemed private collection. Following Teiger’s exceptionally generous lifelong support of museums, curators and institutions, proceeds from the series of sales will benefit Teiger Foundation – soon to be one of the world’s largest and most significant contemporary art foundations – set up to support and promote excellence in contemporary art.

Lisa Dennison, Chairman, Sotheby’s Americas, said:”David’s extraordinary generosity and long tradition of supporting artists, curators, gallerists, and museums was unique. He fully understood the eco-system of the art world, and his patronage extended to a broad range of individuals and institutions in order to empower them to do their best work. His legacy will live on in his Foundation and the initiatives they will sponsor to support Contemporary Art.”

Joel Wachs, President, Teiger Foundation, commented:“David Teiger wanted to make a significant difference, and thus bequeathed his entire collection to major museums and the Teiger Foundation. We look forward to honoring David’s remarkable generosity by supporting the people, projects and institutions that can accomplish the most with our resources. And in doing so, we encourage other collectors to follow his visionary lead.”




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