The Collection of Morton and Barbara Mandel achieved a 100% sell through rate Wednesday Evening, breaking auction records for artists Mark Rothko and Pablo Picasso. Full proceeds from the $107.9 million sale will benefit the Mandel Foundation.
When Adam Craniotes conceived RedBar Group in a midtown Manhattan bar in 2007, he had no idea it would one day have 40 chapters across four continents. A community-based organization that holds social events for watch lovers, Redbar today has 3,000 members and counting. “At RedBar everyone is on equal footing, regardless of the pieces they own or how large their bank accounts are,” Craniotes, a former copywriter now entirely devoted to RedBar, told Sotheby’s. “We measure the worth of collectors by the size of their passion.” Ahead, Craniotes shares more about RedBar, his personal collection and the pieces he is coveting from Sotheby’s Important Watches auction (24 May, New York).