As part of its long-term plan to decommission works in order to generate funds for the upkeep of its collection, the Brooklyn Museum has announced a second set of works that it plans to remove. These first-rate works will go on sale at Sotheby’s New York Modern and Contemporary Evening Sale on October 28.
Sotheby’s has secured a remaining portion of the works in the Brooklyn Museum’s collection for sale throughout the year in various auctions, although it has yet to confirm an estimated total for the entire sending. Together, the group of seven works slated for sale for the upcoming evening sale has a low pre-sale estimate of $ 12 million.
The news comes in the wake of Thursday’s auction by competing auction house Christie’s of 9 Old Masters and European works of art. Directed by the 16th century painting by Lucas Cranach the Elder Lucretia, which made $ 5 million, the works of the Brooklyn Museum generated a total of $ 6.6 million with the buyer’s premium.
As part of the long-term review of the museum’s collection, the proceeds from the sale will go to the museum’s collections maintenance fund. The museum’s goal is to raise $ 40 million in total. This decision aims to ease the financial strains caused by the pandemic.
In a statement, Brooklyn Museum director Anne Pasternak said the move would fund several tasks related to the longevity of the collection. “This effort is designed to support one of the most important functions of any museum – the care of its collection – and comes after several years of focused efforts by the museum to develop a plan to strengthen its collection, repatriate objects, advance provenance research, improve storage and more, ”she says.
Among the major lots for sale in the Impressionist and Modern segment is Claude Monet’s Landscape of the Seine The Islands at Port Villez (1897), estimated at $ 2.5 million to $ 3.5 million, and Joan Miró Loving couple at night (1966), featuring the artist’s iconic moon and star designs, valued between $ 1.2 million and $ 1.8 million. Henri Matisse’s forest scene is also on sale Malabry crossroads (1918-1919), valued at $ 800,000 to $ 1.2 million, and Edgar Degas pastel on paper Seated naked woman wiping her horses (1902), depicting a naked woman drying her hair after a bath, estimated at between $ 1 million and $ 1.5 million.
Two works by Jean Dubuffet will also be sold as part of the house’s contemporary art evening sale, including The messenger (1961) and Tournique Bourlique Street (1963), each from the artist’s post-war period and each estimated between $ 2.5 million and $ 3.5 million. A dining table made in 1950 by Carlo Mollino valued at $ 1.5-2 million will also be offered in the evening sale.
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