Contemporary Art

First-Ever Auction of Artworks from Artist Pension Trust

By Sotheby's

Artist Pension Trust ® (APT), which offers long-term financial security to select artists around the world, is to offer a selection of artworks from its vast holdings at auction for the first time. A total of 34 works from the collection will be included in Sotheby’s New York and London Contemporary Curated sales in March and April. Since launching in 2004, APT has compiled the world’s largest collection of international contemporary art, comprising nearly 13,000 artworks by 2,000 artists in 75 countries. Artists who participate in the program agree to deposit 20 artworks over a 20-year-period and these deposits are then gradually sold to benefit the trust’s members. Speaking ahead of the upcoming auctions, Mark Sebba, Chairman of APT and MutualArt said: “For a decade we’ve had the privilege of working with many of the world’s most promising artists as we have been assembling an unprecedented collection of international contemporary art. Now is the time for us to broaden our sales activity by launching our first auctions - providing artists with further returns on their contributions to APT, and unveiling the collection to a new, wider, audience. Not only do these artworks speak to the tastes of today’s collectors, but reflect the quality and diversity of the collection that APT continues to build and develop each year.” Click ahead to see highlights from the collection that will feature in the sales.

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