Modern Art & Design
Sat, May 25, 2019 12:00PM EDT
Lot 112
Franz Kline Abstract Painting
Estimate: $50,000 - $80,000
Bid Increments
| Price | Bid Increment |
|---|---|
| $0 | $25 |
| $500 | $50 |
| $1,000 | $100 |
| $3,000 | $250 |
| $5,000 | $500 |
| $10,000 | $1,000 |
| $30,000 | $2,000 |
| $50,000 | $5,000 |
| $100,000 | $10,000 |
| $200,000 | $25,000 |
Lot is accompanied by the following documents relating to the accession and deaccession of the work by the Metropolitan Museum of Art:
a) Inventory packet including a photo of the work (signed Murray Pease, undated, marked 451467--t 349 f 3678), classification card (signed Murray Pease, dated 12.20.1955), and document labeled "The Registrar's Office: deliveries made to the Metropolitan Museum of Art through the receiving department" (signed James Rorimer and Murray Pease, dated 12.20.1955).
b) Correspondence between Murray Pease, Curator of the Metropolitan Museum of Art and Dr. Pedro Sanchez Pessino, Technical Curator of Museo Nacional de Bellas Artes de La Habana, letters dated 11.29.1955 and 12.20.1955, along with several photos of the work discussed therein.
c) A recounting of provenance provided by the consignor, summarized here. Documents are available for physical or digital inspection by request, and we strongly suggest that all interested bidders and/or their experts review these and the work prior to bidding. Provenance, summarized from consignor's statement: Metropolitan Museum of Art, New York, New York (1955) | Dr. Pedro Sanchez Pessino, National Museum of Bellas Artes | Mr. Tomas Sanchez Larduet, by descent | Ms. Rosanna Salvat, by private sale | Private Collection, Hudson, Florida.
Palm Beach Modern Auctions has contacted the Metropolitan Museum of Art, which did not find any reference to the work in their records.
Designer & Manufacturer: Franz Kline (1910-1962)
Markings: signed
Country of Origin & Materials: American; oil on paper
Dimensions(H,W,D): 16.5"h, 13.5"w; 26.5"h, 23.5w frame
art: good, craquelure along edges, restoration to reverse visible out of frame; frame: very good, some wear and chipping
a) Inventory packet including a photo of the work (signed Murray Pease, undated, marked 451467--t 349 f 3678), classification card (signed Murray Pease, dated 12.20.1955), and document labeled "The Registrar's Office: deliveries made to the Metropolitan Museum of Art through the receiving department" (signed James Rorimer and Murray Pease, dated 12.20.1955).
b) Correspondence between Murray Pease, Curator of the Metropolitan Museum of Art and Dr. Pedro Sanchez Pessino, Technical Curator of Museo Nacional de Bellas Artes de La Habana, letters dated 11.29.1955 and 12.20.1955, along with several photos of the work discussed therein.
c) A recounting of provenance provided by the consignor, summarized here. Documents are available for physical or digital inspection by request, and we strongly suggest that all interested bidders and/or their experts review these and the work prior to bidding. Provenance, summarized from consignor's statement: Metropolitan Museum of Art, New York, New York (1955) | Dr. Pedro Sanchez Pessino, National Museum of Bellas Artes | Mr. Tomas Sanchez Larduet, by descent | Ms. Rosanna Salvat, by private sale | Private Collection, Hudson, Florida.
Palm Beach Modern Auctions has contacted the Metropolitan Museum of Art, which did not find any reference to the work in their records.
Designer & Manufacturer: Franz Kline (1910-1962)
Markings: signed
Country of Origin & Materials: American; oil on paper
Dimensions(H,W,D): 16.5"h, 13.5"w; 26.5"h, 23.5w frame
Condition
11. Shipping/Pick-up/Storage: PBMA highly recommends that bidders obtain shipping quotes prior to bidding. If you would like to obtain a shipping quote prior to the auction, please contact PBMA by phone or email for a list of shippers, or contact your own shipper. PBMA provides shipping lists only as a service to its clients and any such list should not be considered an endorsement of any shipping company. Additionally, PBMA does not pack or ship items for insurance reasons. Final arrangements for shipping, and all costs associated with shipping, are the responsibility of the buyer. Any agreement for shipping is a contract between the buyer and the shipper; PBMA is not a party to any such contract and expressly disclaims any responsibility thereunder. No items will be released for shipping until PBMA receives payment in full and all payments have cleared. Thereafter, items may be picked up at PBMA's exhibition facility Monday through Friday from 10:00 A.M. – 5:00 P.M. by the winning bidders or their shippers. Please call PBMA the day before you intend to pick-up any item. If a shipper is picking up an item, please send PBMA an e-mail confirming the name of the shipper and the property to be released into the shipper's possession, and providing PBMA permission to release the property to your shipper. All winning lots must be picked up within thirty (30) business days following the close of the auction. After this time, each lot will become subject to storage fees of not less than $5 per day. After 180 days following the close of the auction, any lot which is not picked up will be deemed abandoned by the buyer, will become the property of PBMA and may be disposed of by PBMA, in any manner it chooses, without recourse.
Palm Beach Modern Auctions
Powered by: