If you showed up at Maastricht for TEFAF, you were confronted with what might have seemed like a familiar Calder sculpture in the entryway. Janey Waney had been on loan to Gramercy Park for three years before being spirited to the Netherlands on quick marketing stop before joining a museum show.

Christophe van der Weghe, the New York dealer, organized the Calder’s installation here, although he declined to provide any details about its owner. But, this being the gossipy art world, other dealers familiar with Calder’s work said it belongs to David and Leslie Rogath, collectors from Greenwich, Conn., who had displayed “Janey Waney” in their garden before lending it to Gramercy Park. It is now for sale, several said, for about $20 million.

After the fair ends on March 23, “Janey Waney,” along with 16 other Calder sculptures, is heading to the garden of the Rijksmuseum in Amsterdam where it will be included in a major exhibition of Calder’s monumental sculptures that opens there on June 21st.

The sculpture was originally commissioned by the N.K. Winston Corporation for the Smith Haven Mall in Lake Grove, Long Island. At the time, Jane Holzer, the collector and star of many of Warhol’s films, was married to Leonard Holzer, the mall’s developer. Calder named “Janey Waney” after Ms. Holzer, because she had seen a maquette of the sculpture in his studio and suggested he make it a large outdoor work.

via After Stay in Gramercy Park, Calder Sculpture Pops Up in Maastricht – NYTimes.com.