Natalie Davis
I
April 6, 2026
Collecting Focus: Fine Art Photography
One couple’s remarkable private collection perfectly captures the transportive power of photography, writes Katie Armstrong A 2024 exhibition of photography at Sotheby’s New York. Photograph: Sotheby’s The world’s oldest surviving photograph, “View from the Window at Le Gras,” was taken by Joseph Nicéphore Niépce in the mid-1820s. The subject was simple: a dusty view from the inventor’s window, overlooking his estate in Saint-Loup-de-Varennes, eastern France. Was it art? Some 30 years later, the French writer Charles Baudelaire declared photography to be “art’s most mortal enemy” in his 1859 review of the Paris Salon. And incredibly, this is a debate still aired from time to time, even as recently as 2014 when one British newspaper’s art and photography critics went head to head on the matter. At Sotheby’s, “fine art photography” is no oxymoron. While the auction house originally sold photographs alongside books and manuscripts, it has pioneered a market for the medium over the past half century, holding the first dedicated photography auctions in London and New York, in 1971 and 1975 respectively. This April, Sotheby’s Breuer Building—formerly the Whitney Museum of American Art—will host its inaugural photography sales series. Tina Modetti’s “Roses, Mexico,” 1924, part of the Jill and Marshal Rose collection, soon to be auctioned at Sotheby’s New York. Photograph: Sotheby’s As an auction category, photography spans the entire history of the form from experimental 19th-century daguerreotypes to striking contemporary works. But it is very much anchored in the 20th-century classics. “Over the last 20, 25 years, the artists that collectors are buying haven’t actually changed that much,” says Aimee Pflieger, senior specialist, photographs, at Sotheby’s New York. “Ansel Adams, Edward Weston, Andreas Gursky, Richard Avedon and, of course, Cindy Sherman—that’s our bread and butter, and continues to be so.” Gerhard Richter’s “Untitled (5.2.89)” from a distinguished American collection. Photograph: Sotheby’s. The place of photography in contemporary practice has further elevated the medium and its market. Pflieger singles out German artist Gerhard Richter. “His oil on chromogenic prints have exploded,” she says. “We used to sell them for between US$20,000 to US$30,000, but in May 2025, we sold one for over US$400,000.” Female artists including Nan Goldin, Barbara Kruger and the late Marcia Resnick are also growing in popularity at auction. Photography offers plenty of range, with room to be focused in your collecting, but also an opportunity to be playful, says Pflieger. “One collector named Henry Buhl only bought pictures of hands,” she notes, “and I know people who literally just want pictures of cats.” “Train Coach Waiter, New York 1951,” one of a series of Irving Penn portraits soon to be auctioned at Sotheby’s New York. Photograph: Sotheby’s A series of Irving Penn images, taken in the mid-1950s for Vogue, will be a highlight of the Print and Photographs Part I auction on April 14. The works feature regular tradespeople, shot stylistically. “You have men in these very humble professions elevated to something very special because they’re shown in these very dignified, full-length portraits,” says Pflieger. “They’re also rendered in platinum palladium, which is this lush, time consuming and technically difficult type of printmaking process. They are absolutely fantastic.” At the heart of the April sales series will be the remarkable Jill and Marshall Rose Collection. The recognition of photography as fine art was not lost on this collector couple, who were vocal advocates for the arts and cultural philanthropists. Real estate developer Marshall championed and chaired a range of organizations and initiatives across New York, while Jill was pivotal in transforming the International Center of Photography into one of the city’s most significant institutions. Together, they collected thoughtfully and enthusiastically. Edward Steichen’s 1908 photograph “Balzac, The Open Sky, 11 P.M”, from the Jill and Marshal Rose collection, to be auctioned at the Modern Day Sale at Sotheby’s New York. Photograph: Sotheby’s The collection’s undeniable centerpiece, to be auctioned at the later Modern Day Sale on May 20, is Edward Steichen’s “Balzac, The Open Sky, 11 P.M.” A rare and monumental photograph of Auguste Rodin’s sculpture of the French writer Honoré de Balzac, it was captured in 1908 using long exposures to create the enigmatic scene. The image reportedly gave Rodin faith that his sculpture would finally receive the recognition he believed it deserved. Art and photography, it turns out, are more friends than enemies. Our Collecting Focus series features expert advice on contemporary art, high jewelry, watches, wine, rare whisky, historic books, fashion history, natural history, Chinese art and antiques and Americana