Christie’s to Sell Ammann Collection in May – RisePEI

After revealing plans final month to promote Thomas and Doris Ammann’s prized Andy Warhol portrait of Marilyn Monroe for a probably record-breaking $200 million, Christie’s mentioned on Wednesday that it could promote the late sellers’ remaining assortment of practically 100 works this Could.

Thomas and Doris Ammann, who died in 1993 and 2021, respectively, based the famed Swiss gallery Thomas Ammann High quality Artwork in 1977. Thomas Ammann High quality Artwork was identified for introducing American artists lively within the postwar period to European collectors. Lots of these artists, together with Warhol, have been already well-known within the U.S., however it was by means of the assistance of the Ammanns that they discovered a wider following amongst high-profile collectors throughout the Atlantic.

As a result of they established deep connections with most of the artists they labored with, the Ammanns have been capable of purchase main works by the likes of Robert Ryman, Cy Twombly, and Brice Marden.

“Gallerists have traditionally confirmed to make the perfect collectors,” mentioned Alex Rotter, Christie’s New York chairman, in an announcement, including that the gathering the brother-sister dealing duo amassed starting within the Nineteen Seventies represents the “weight of historical past.”

Thirty-six works from the Ammanns’ assortment can be offered throughout a single-owner night sale in New York on Could 9. The heaps will head to public sale throughout the home’s marquee Twentieth- and Twenty first-century artwork gross sales in New York.

Warhol’s Shot Blue Sage Marilyn (1964), which is coming to public sale and not using a monetary assure, will hit the block throughout a night sale devoted to Twentieth-century artwork on March 12. Proceeds from the sale of the Warhol will profit the Ammanns’ Zurich-based basis, which distributes funds to causes associated to schooling and well being care for kids.

Sixty different works belonging to the Ammanns are slated to be offered in a sale that has not but been scheduled. The sale proceeds be put in the direction of the inspiration’s charitable causes.

Among the many artists within the first tranche of works are ones by Francesco Clemente, Martin Kippenberger, Mike Bidlo, and Sturtevant.

Highlights from the group embrace Twombly’s flesh-toned abstraction Venere Sopra Gaeta (1988), which is anticipated to fetch $10 million to $15 million, and Warhol’s 1964 silkscreen portray Flowers, that includes 4 white hibiscus blossoms on a inexperienced floor,  which is anticipated to usher in $15 million–$20 million.