Collection Polaroid: in the first session sold 100%of lots
ARTinvestment.RU   22 июня 2010

June 21 first session of the auction photographs from the collection of Polaroid.

first session of the New York Sotheby's auction works from the collection of Polaroid, which took place the evening of June 21, surpassed the expectations of experts. Record 7,197,439 dollars that consumers pay for the 100 proposed lots exceeded the initial estimeyt collection this evening at 2,9-4,5 million dollars. Tonight 2-4 trading sessions, which exhibited an additional 300 lots, but yesterday's result has already exceeded the total the estimate of all trades (6,9-10,7 million dollars). Yesterday for some of the work struggled to ten applicants. It sold 100 percent of lots, of which 87 per cent over the estimate. Personal records were set for works of Ansel Adams (Ansel Adams), Lucas Samaras (Lucas Samaras), Chuck Close (Chuck Close), Andy Warhol (Andy Warhol), Robert Rauschenberg (Robert Rauschenberg) and David Hockney (David Hockney).

most expensive works of trades were five works Ansel Adams, who was a friend of the founder Edwin Land Polaroid (Edwin Land). Leader of the evening session was photowork Adams' End snow storm, Yosemite National Park, which was sold for 722,500 dollars in the fight against four challengers. The result was significantly higher than estimeyt work in the 300-500 thousand dollars and has a personal record for the works of Adams. Among his other works presented at auction, "Moonrise, Hernandez, New Mexico" (sold for 518,500 dollars at the top Estima, 500 thousand), "Aspen Forest" (estimate 150-250 thousand, the result of 494 500 dollars Lot number 88), "Sunrise in the winter, kind of in the Sierra Nevada from Lone Pine" (estimate 300-500 thousand, and the result 482,500 dollars, lot number 97), "Ridge Teton and Snake River" (lot number 91, sold per 350 500 in the upper Estima in 350 thousand dollars).

Under number three in the evening was presented to Chuck Close self-portrait as a collage of nine large-format photographs. He found a buyer for 250,500 dollars, four times has exceeded its upper estimeyt 60 thousand.

Self-portraits of Andy Warhol "Grimace" and "eyes closed" (lots 52 and 53) were also sold out with record-breaking results: at the top Estima in 15 thousand dollars for both, the first was sold for 146.500 dollars and the second for 254.500 dollars.

Double record also set the work of Lucas Samaras. Nameless work ("Self-Portrait with hands") went under the hammer for 56,250 dollars at the Estima 10-15 thousand, and the product "Large format" ("Hands") has found a buyer for 194,500 dollars at the initial estimate of 20-30 thousand.

record for works by Robert Rauschenberg was the sale of "Japanese sky I» a series Bleacher over 242,500 dollars at the top of the estimate of 60,000. And Collages "Imogen and Hermione" by David Hockney went under the hammer for record labels to 194.500 dollars (estimate 30-50 thousand, Lot № 6).

auction was also presented "The Library Collection "pictures, made no submissions on Polaroid. It was collected by Ansel Adams in 1956 at the request of Edwin Land. The works in this series were among the top lots in the evening. Job Harry Callahan (Harry Callahan) «Chicago. Trees in Snow "in two and a half times its 100-thousand estimeyt and moved to the new owner of 254 500 dollars. The famous picture Dorothy Lange (Dorothea Lange) «Mother settlers, Nipomo, California, estimated at 80 thousand dollars, went under the hammer for 218,500 dollars. "Unmade bed" Imogen Cunningham (Imogen Cunningham) was sold for 146,500 dollars, with nearly six-fold excess of the upper estimeyta to 25 thousand dollars.

Collection was put up for auction by a court decision on bankruptcy in Minnesota.

Source: press release Sotheby's

About the Collection Polaroid can also read:
Polaroid will sell his collection of photographs
Photo from the collection of Polaroid - at Sotheby's
Had Polaroid right to exhibit his collection at auctions?