Say good-bye to art!
This year, Los Angeles lost three of its major art collectors within two months: actor Dennis Hopper, gallery director Robert Shapazian, and computer pioneer Max Palevsky. Los Angeles may lose the bulk of their collections, since Christie’s is selling 350 artworks from their estates, beginning this week.
The collection of works is expected to bring close to $100 million.
The artworks will likely be dispersed both across the U.S. and worldwide. Prized pieces that are scheduled for the contemporary sale on November 10 include:
Museums are not celebrating, because the artwork has just been packed up and shipped out of Los Angeles, perhaps never to return. Every work that is going to auction is a work that has not been donated to a regional museum.
Two examples of work that will not be donated are:
Deborah McLeod, director of Gagosian Beverly Hills, calls the exodus of artwork “a failure of our culture.”
And yet, this article details the competitive advantage of Christie’s over its rival Southeby’s, the fears that donations to museums could be held in storage rather than displayed on walls, the differences in each estate, including the histories of donations to museums BEFORE the deaths of the collectors.
Yes, the fate of art, even after the death of the collector, is complicated.
-Bill at
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