Carol Vogel reports that the second installment of the Allan Stone Estate will be sold by Sotheby’s this May. Stone was Wayne Thiebaud’s dealer. Thiebaud’s work has been steadily rising on the market which makes sense for the auction house to create a special single-artist sale within the Stone Estates sale:
“We wanted a good representation of artists in his stable,” said Anthony Grant, international senior specialist of contemporary art at Sotheby’s, who said he believes the Stone heirs chose Sotheby’s over Christie’s not because of financing but because they liked the idea of a separate sale devoted only to Mr. Thiebaud. […] The second sale includes about 20 paintings and drawings by Thiebaud, who combined formalism, Pop and realism with notions of consumerism and nostalgia. The works, from 1961 through 1996, include some that feature one of his signature images — the slice of pie — which he repeats in multiples. The 1961 canvas “Pies” is expected to bring $2.5 million to $3.5 million. Also for sale is a painting of a pile of men’s neckties from 1969, which is estimated at $1.2 million to $1.8 million.
Inside Art: Sotheby’s Strategy (New York Times)