How Much Is Untitled (six-panel, from 'A Scattering of Blossoms') Worth?
Last updated: June 26, 2026
Quick Facts
- Last Sale
- $58.9M (2021, Sotheby's — The Macklowe Collection evening sale, New York)
- Methodology
- recent sale
If this is the identical six‑panel 2007 Untitled from the “A Scattering of Blossoms” group with the same dimensions and Macklowe / Gagosian provenance, the controlling market precedent is Sotheby’s, 15 Nov 2021 (realized ≈ $58.9M). Based on that direct sale and current market conditions, a present‑day market range for a museum‑quality, well‑documented example is approximately $55–75M.
Untitled (six-panel, from 'A Scattering of Blossoms')
Cy Twombly, 2007 • Acrylic and crayon on wood panel (six panels)
View more by Cy Twombly →Valuation Analysis
Executive valuation rationale: The single best market evidence is Sotheby’s sale of Cy Twombly’s six‑panel Untitled (2007) from The Macklowe Collection, which the house reported as realized at approximately $58.9 million on 15 November 2021; the lot page records the medium, the six‑panel format and the catalogue‑raisonné citation that identify it as the same composition and entry [1][2]. The work’s provenance (acquired from Gagosian 2007; consigned from the Macklowe Collection) and its exhibition history materially elevated competitive bidding and therefore provide the controlling precedent for an identical object [3].
How the range was derived: I adopt a "recent_sale" methodology because the 2021 Sotheby’s result is a direct, like‑for‑like public sale of the same six‑panel work and is therefore the primary market anchor. The low end of the range (~$55M) recognizes the realized price environment, potential buyer variability, and transaction costs/market volatility; the high end (~$75M) allows for an adjusted present‑day reference point that accounts for selective high‑end market strength, potential inflationary adjustment, and the premium a buyer might pay in an optimal marquee sale calendar or private‑sale context. An inflation/market‑moment adjustment would place the 2021 realized figure in the mid‑to‑high‑$60M zone as a reference; I round to a practical market range of $55–75M to reflect realistic sale outcomes today [1][2].
Material value sensitivities: The valuation collapses rapidly if key attributes change. If the object is a different six‑panel composition, lacks documented Gagosian→Macklowe provenance or catalogue‑raisonné confirmation, or has condition/conservation issues, expect significant discounts (typical large‑late Twombly examples without top‑tier provenance often trade in the low tens of millions, roughly $10–40M depending on scale and documentation). Conversely, perfect condition, confirmed catalogue‑raisonné entry, museum exhibitions and competitive evening‑sale marketing can preserve or modestly exceed the Sotheby’s precedent within the range given above [1][3].
Next steps to firm the opinion: verify the work against the Sotheby’s lot images and catalogue‑entry (dimensions, panel joins, inscriptions), obtain an in‑hand condition/conservation report, secure provenance paperwork and the catalogue‑raisonné number, and consult a major‑house specialist for a formal consignment estimate. With those items confirmed, the Sotheby’s result functions as the controlling comparable for pricing, consignment strategy and insurance replacement value [1][2][3].
Key Valuation Factors
Art Historical Significance
High ImpactCy Twombly is a canonical figure of post‑war/late modern painting and the 2007 'A Scattering of Blossoms' group represents a prominent late‑career cycle. While Twombly’s highest historical weight sits with his Rome‑period canvases (1950s–1960s), the large multi‑panel blossom works are important late monuments within his oeuvre and attract major institutional and private collectors when offered in museum‑quality condition and with full documentation. The series’ poetic content, the scale of the six‑panel compositions, and Twombly’s canonical status together create meaningful collector demand that supports high valuations for top examples.
Provenance & Exhibition History
High ImpactProvenance from Gagosian to the Macklowe Collection and visible exhibition history (gallery and institutional displays) were decisive in the 2021 sale and remain the dominant value driver. Single‑owner dispersals of marquee collections draw competitive bidding and institutional interest; conversely, absence of clear, prestigious provenance or exhibition history typically results in a substantial discount. For Twombly, documented museum showings and premium gallery acquisition histories materially close the gap between a high estimate and realized prices.
Catalogue Raisonné & Authentication
High ImpactInclusion in Heiner Bastian’s catalogue raisonné and formal authentication (or corroboration by the Twombly Foundation/estate) materially reduce buyer risk and increase market value. A matched catalogue‑entry number and a traceable invoice or gallery record back to Gagosian materially enhance saleability at marquee evening auctions. Lack of catalogue‑raisonné confirmation or outstanding authentication questions can depress realizations sharply — typically by multiples relative to otherwise similar works.
Scale, Medium & Condition
Medium ImpactThe six‑panel configuration’s large overall scale (approx. 99 1/4 × 217 1/2 in as catalogued) gives it monumental presence and places it in the market segment that commands the highest prices for Twombly’s late works. Panel vs. canvas construction, the use of acrylic and crayon on wood, and current conservation status will all influence buyer confidence and final price. Condition issues, overpainting or structural problems can subtract materially from value and should be verified by a conservator.
Market Comparables & Recent Sales
High ImpactThe 15 Nov 2021 Sotheby's result (realized ≈ $58.9M) is the direct market comparator and therefore the primary anchor. Broader comparables—Twombly’s 2015 record sale (~$70.5M) and other large late works sold in the tens of millions—establish the ceiling and context. Market appetite for Twombly remains strong for museum‑quality examples, but realized prices are highly conditional on provenance, marketing and sale venue.
Sale History
Sotheby's — The Macklowe Collection evening sale, New York
Cy Twombly's Market
Cy Twombly (1928–2011) occupies blue‑chip status with extensive museum representation and a resilient secondary market. His auction ceiling is in the high tens of millions (artist record ~$70.5M, 2015) and large late‑career canvases and multi‑panel works can also fetch tens of millions when provenance and exhibition history are strong. Works on paper and smaller panels trade more frequently at lower price points; condition and provenance drive dispersion across the market.
Comparable Sales
Untitled (six-panel, from 'A Scattering of Blossoms')
Cy Twombly
Exact match: same series ('A Scattering of Blossoms'), same year (2007), identical six‑panel configuration, same medium/scale, catalogue‑raisonné entry and top provenance (Gagosian → Macklowe). This is the direct market precedent.
$58.9M
2021, Sotheby's — The Macklowe Collection evening sale, New York
~$67.1M adjusted
Untitled (New York City)
Cy Twombly
Artist record and canonical 1968 Rome‑period canvas — represents the high‑end ceiling for Twombly in the secondary market and demonstrates top collector demand for career‑defining works.
$70.5M
2015, Sotheby's, New York (evening sale)
~$91.7M adjusted
Untitled (2005)
Cy Twombly
Large late‑period Twombly (2005) sold in a marquee sale — shows continued willingness to pay tens of millions for monumental late works, but different series and provenance from the Macklowe six‑panel.
$41.6M
2022, Phillips, New York
~$45.0M adjusted
Untitled (1961)
Cy Twombly
Canonical early/Rome‑period Twombly with high‑quality provenance (Agnes Gund) — a strong indicator of demand for major early canvases; historically very significant within Twombly's oeuvre.
$45.5M
2026, Christie's, New York
~$44.6M adjusted
Untitled (Bacchus 1st Version II)
Cy Twombly
Late‑period 'Bacchus' group example — large, important late works but typically price below the very top tier unless matched with exceptional provenance/exhibition/literature.
$17.0M
2023, Christie's, New York
~$17.9M adjusted
Current Market Trends
The high‑end market is selective: marquee evening sales and single‑owner dispersals drive headline prices while mid‑market activity remains more variable. Since 2022 the market has been cyclical but top Twombly examples continue to attract institutional and trophy buyers. Provenance, exhibition history and targeted marketing are essential to realize top results.