Art Investment

Photo from the collection of Polaroid - at Sotheby's

photos of corporate collection company Polaroid will be auctioned Sotheby's, which is to be 21 and 22 June in New York. Consumers will be invited to 1,200 pieces, for which organizers expect to gain from 7,5 up to 11,5 million dollars. From the sale funds will be used to pay creditors of the company, declared bankruptcy on Dec. 19, 2008. Decision on the tender received U.S. Court of Bankruptcy in Minnesota.

expected that this will be the largest auction, which exposed the corporate collection of photographs bankrupt company. The previous record belonged brokerage Refco Inc., Whose collection of photographs was sold at Christie's in 2006 for 9.7 million dollars.

Cameras Polaroid, allowing to make snapshots, were very popular in the United States in 1960-70-e. Thanks to successful work, the company managed to gather an impressive collection of photographs, many of whom arrived in the assembly by barter. The company provided many photos to the camera, film and studio in exchange for pictures. As a result, now in the collection of Polaroid has more than 16 thousand pieces.

At the June sale will feature more than 400 landscape photos of the famous Ansel Adams (Ansel Adams), who was a friend of Polaroid founder Edwin Land ( Edwin H. Land). Among them are such works as "Moonrise, Hernandez, New Mexico" (1941, estimate 250-350 thousand dollars), "The end of the snowstorm" (1938, 300-500 thousand dollars), "Sunrise in the winter, look for Sierra Nevada from Lone Pine, "(1944, estimate 300-500tysyach dollars) and" Braydlveyl Falls, Yosemite National Park "(1949, estimate 100-200 thousand dollars).

In 1956 Edwin Land asked Adams to gather a collection of photos taken on materials not Polaroid. As requested by a friend, Adams bought the works of such renowned authors as Imogen Cunningham (Imogen Cunningham), Edward Weston (Edward Weston), Harry Callahan (Harry Callahan), Margaret Bourke-White (Margaret Bourke-White) and Dorothy Lange (Dorothea Lange) . The famous picture of last Mother settlers NIPOM, California was estimated at 80 thousand dollars.

21 and 22 June, the attention of buyers will also be offered a self-portrait of Chuck Close (Chuck Close) of 9 parts per which organizers expect to gain up to 60 thousand dollars, and made by Andy Warhol (Andy Warhol) portrait of actress Headlamps Fawcett (Farah Fawcett), having the estimate of 7 thousand dollars. Among other authors whose works will be presented at auction, Robert Mapplethorpe (Robert Mapplethorpe), Robert Rauschenberg (Robert Rauschenberg), William Wegman (William Wegman), Robert Frank (Robert Frank), David Hockney (David Hockney) and Lucas Samaras ( Lucas Samaras).

Some historians of photography and photographers themselves were opposed to the upcoming sale. "The collection will dissipate to various meetings, which is contrary to the promises that were given to photographers" - explained photocritic AD Coleman (AD Coleman). According to him, they promised not to break the meeting that it was accessible to specialists and the general public. His opinions expressed in a telephone interview and Chuck Close: "This is an amazing range of works. It has no analogues in the history of photography. Sell it - a crime ».

However, unfortunately, to keep the collection intact, apparently, will not succeed. The court-appointed trustee Polaroid Stobner John (John R. Stoebner) said he spoke with representatives of several museums, but agree with them, he had not succeeded.

Source: bloomberg.com , nytimes.com , artinvestment.ru

PS Also on this topic can be read:

Polaroid will sell his collection of photos


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