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Enrico Donati's Surrealist-Era Collection Heads to Sotheby's with $82.3 Million Estimate

market-auction · 2026-04-14

Starting May 19, Sotheby's will host an auction featuring the personal collection of Enrico Donati, often referred to as 'the last Surrealist.' Titled 'A Night in May,' the sale comprises 45 lots, showcasing pieces amassed by Donati and his spouse, Adele, with a projected total value of $82.3 million. A standout item is Pablo Picasso's 1909 artwork Arlequin (Buste), which carries an estimate of $40 million. Additional significant works include Yves Tanguy's 1939 piece Aux Aguets le Jour, valued between $800,000 and $1.2 million, and Wassily Kandinsky's 1925 creation Rote Tiefe, estimated at $12 million to $18 million. This auction follows Adele Donati's passing last year, with sales continuing through September. Donati himself passed away in 2008 and received support from André Breton in 1943.

Key facts

  • Sotheby's auction of Enrico Donati's collection begins May 19, 2025.
  • The collection has 45 lots with a high estimate of $82.3 million.
  • Star lot is Pablo Picasso's Arlequin (Buste) (1909), estimated at $40 million.
  • Donati acquired the Picasso in 1953 after seeing it at the Musée National d'Art Moderne in Paris.
  • Other key works include Yves Tanguy's Aux Aguets le Jour (1939) and Wassily Kandinsky's Rote Tiefe (1925).
  • Enrico Donati, known as 'the last Surrealist,' died in 2008; his wife Adele died last year.
  • André Breton endorsed Donati in 1943 after a show at the New School for Social Research in New York.
  • Julian Dawes of Sotheby's called the sale a 'generational opportunity' due to rarity of early Cubist works.

Entities

Artists

Institutions

  • Sotheby's
  • New School for Social Research
  • Passedoit
  • Musée National d'Art Moderne
  • Galerie Louise Leiris
  • Artnet News

Locations

  • New York
  • United States
  • Paris
  • France
  • Switzerland
  • Milan
  • Italy
  • Connecticut
  • Central Park South

Sources