Sotheby's has secured the collection of cable-television magnate Ted Baum and his wife Ruth for a sale estimated at more than $100 million, Artnet News reported in its weekly Industry Intel roundup on October 9. The consignment is led by two works estimated at $10 million to $15 million each: a painting on paper by Mark Rothko and an Ed Ruscha canvas dated 1964. Both estimates place the lots firmly in trophy territory and continue a strong season for large single-owner consignments, which have been doing much of the heavy lifting for the major houses this year. The Baum collection joins a crowded November calendar. The same roundup notes that Jeff Koons is sending nine works from his personal collection to Christie's New York that month, a group also estimated around the $100 million mark and led by Picasso's 1969 Le Baiser at $40 million. Two nine-figure private consignments in one month would have been unthinkable during the market's quieter stretches of the past few years. The news arrives alongside other signs of churn in the trade. Brussels gallery Super Dakota is closing after 15 years, its founder Damien Dakota saying the commercial gallery model no longer matches his ambitions, while the V&A has initiated a voluntary redundancy scheme across its four sites less than two weeks after a strike at South Kensington. Santa Fe, meanwhile, gets a new annual fair: the Santa Fe Invitational, founded by Michael Stein with Michael Phelan as artistic director, debuts April 8-11, 2027 with about 45 galleries.