On 11 and 12 December 2014, the single-owner sale 175 Masterworks To Celebrate 175 Years of Photography: Property from Joy of Giving Something Foundation at Sotheby’s New York brought the outstanding total of $21,325,063, comfortably exceeding the pre-sale estimate of $13/20 million, with 90% of lots sold. World auction records were set for Alvin Langdon Coburn, August Sander, Tina Modotti, Julia Margaret Cameron, Lee Miller, Walker Evans, Martin Munkácsi, and others. The total exceeds the previous record for a Photographs auction by over $6 million.
175 Masterworks To Celebrate 175 Years Of Photography: Property from Joy of Giving Something Foundation, a single-owner auction of the most significant collection of photographs in private hands, will take place at Sotheby's New York on 11 & 12 December 2014. Comprised of works from photography’s earliest years in the 1840s to contemporary 21st-century color images, the auction will feature major photographs by many of the medium’s most important practitioners. The collection was put together over several decades by financier and philanthropist Howard Stein (1926-2011), a legendary collector whose vision and keen understanding of photography informed his choices. Mr. Stein donated the collection to the Joy of Giving Something, Inc. (JGS), a not-for-profit organization founded by him to further the photographic arts and arts education. JGS is the sole beneficiary of the sale.