Alexander Calder, Black II. Photo Courtesy of Christie's.
Our firm was asked to assist a New York family in the valuation and sale of a large and diverse collection of mainly Post-War and Contemporary art that had been formed in the 60s and 70s by a physician and his wife and was now part of an estate.
This impassioned couple had for decades immersed themselves in gallery visits, discussions with the leading dealers, research and travel, as well as friendships with many leading artists of the day. Hence they had acquired a glorious and iconic 1949 standing mobile by Alexander Calder entitled Black I I (sold for $4,309,000), a 1960 painted steel sculpture by David Smith entitled Albany VIII ($1,205,000); a brilliant bronze and steel sculpture of 1984, Woman with Packages ($785,000), by Louise Bourgeois; a whimsical painted bronze sculpture of 1961 by Joan Miro called Femme et osieau ($1,565,000); as well as a dazzling array of paintings, sculpture and works on paper by Joan Mitchell, Al Held, Phillip Pearlstein, Louise Nevelson and a number of leading photo-realists.
The collection was presented in a distinctive marketing campaign that highlighted its extraordinary provenance and freshness to the market; and it was sold with stunning results in the historic two-day series of auctions in November 2014 that achieved the highest totals overall in art market history.