Work from the collection of art dealer Allan Stone will be offered at Sotheby’s in New York in May. The sale will be presented in two volumes on Monday, May 9, the night before Sotheby’s Contemporary art evening sale on May 10.
Highlights of the first sale will comprise outstanding examples by the key artists represented and collected by Stone, including Willem de Kooning, John Chamberlain, Franz Kline and Joseph Cornell. The second sale will be dedicated to the West Coast artist Wayne Thiebaud, whose work was first championed by Stone in New York more than forty-five years ago.
The two sales are estimated to bring in more than $35 million.
UPDATE: The two-part sale of The Collection of Allan Stone, brought a total of $54,805,500, well above the pre-sale high estimate of $46.8 million, and was 93% sold by lot. The auction was held 50 years after the founding of The Allan Stone Gallery and celebrated the artists represented and collected by this renowned New York dealer. The evening was led by John Chamberlain’s Nutcracker which sold for $4,786,500 and set a new record for the artist at auction. The sale was characterised by strong prices and global demand for U.S. West Coast artist Wayne Thiebaud