Texas philanthropist’s art collection fetches $363.1 million at auction


A Dozen Works of Art from the Late Texas Philanthropist’s Collection Bass by Anne Hendricks fetched $363.1 million at a recent New York auction.

Auction house Christie’s originally expected the collection to fetch at least $250 million, about $113 million less than the actual take. The $363.1 million total equates to an average of nearly $30.3 million per coin.

Parliament, setting sun (The Houses of Parliament at sunset), an early 20th-century oil painting by Claude Monet that fetched the most money – nearly $76 million – among the 12 artworks sold on May 12. The auction house Christie’s had estimated that the painting would bring between 40 and 60 million dollars.

by Monet The parliament now ranks fifth among the most expensive Monet paintings ever sold at auction, according to the Artnet price database.

Two other paintings by Monet, water lilies (water lilies) and Poplars on the banks of the Epte, autumn (Poplars on the banks of the Epte, Autumn), sold for $56.5 million and $36.5 million, respectively. These sale prices exceeded the low of Christie’s estimates.

Meanwhile, two oil paintings by Mark Rothko cost $66.8 million (shades of red) and $49.6 million (No. 1). These sale prices were higher than the lowest estimates calculated by Christie’s.

At a sale price of $41.6 million, Edgar Degas’ Fourteen year old dancer (14 year old little dancer) set a record for a work by Degas. Christie’s highest sales estimate for the bronze sculpture was $30 million.

Christie’s called the Bass collection “the most important American collection to be released this season”. None of the buyers of the 12 works have been identified.

“The Anne H. Bass collection represented the pinnacle of the artists it contained, the pinnacle of taste, the pinnacle of modern collecting. We were more than honored to work on behalf of the estate and delighted that these works and his example have inspired collectors around the world just as they have inspired us,” said Max Carter, Head of Impressionist and Modern Art at Christie’s, in a press release.

Christie’s announced in March that it had been hired by Bass’s estate to auction off the 12-piece collection. The collection came from his apartment on Fifth Avenue in New York.

Christie’s described the collection as an assemblage of “deeply rigorous yet deeply personal masterpieces, shaped by her remarkably informed eye and feminine perspective in a world dominated by male collectors”.

Bass was the ex-wife of Sid Bass, the Fort Worth investor and oil heir whose net worth is estimated at $3.6 billion. She reportedly received a $200 million to $500 million settlement in their high-profile divorce in the 1980s.

Anne Bass died of ovarian cancer in April 2020 at the age of 78. A longtime resident of the Fort Worth area, she was a strong supporter of nonprofit and arts organizations in the city, including The Cliburn, Jewel Charity Ball, Junior League, Texas Ballet Theater, Fort Worth Symphony Orchestra and Museum of modern art.


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