Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Kravis Acquires Seminal Johns Bronze for MoMA

March 16, 2015 by Marion Maneker

11-jasper-johns

Henry Kravis has bought an important Jasper Johns bronze work from dealer Mathew Marks, the price was not disclosed:

Created in 1960, “Painted Bronze” has been a fixture for more than three decades at the Philadelphia Museum of Art, where it has been on long-term loan from Mr. Johns’s personal collection. But now it will migrate north to a permanent home at the Museum of Modern Art, which will receive the sculpture as a promised gift from the collectors Henry R. Kravis and his wife, Marie-Josée Kravis, the Museum of Modern Art’s president, who recently bought it. […]

While many of Mr. Johns’s sculptures from the late 1950s and ’60s have been lent for years to the Philadelphia Museum, Matthew Marks, whose gallery represents Mr. Johns, said that the artist recently decided to sell the work to the Kravises, for an undisclosed amount, if they agreed to give it eventually to the Modern, which has one of the most significant holdings of his paintings, drawings and prints.

“It’s not easy to convince someone who’s kept something for himself for more than 50 years,” Mr. Marks said. “It’s a big deal for him, emotionally. And one can imagine all the people over all the years who have asked, all the institutions, all the collectors who have been told no, since I was a kid.”

MoMA Lands Jasper Johns’s ‘Painted Bronze’ (NYTimes.com)

More from Art Market Monitor

  • Gold May Be Setting Up for a Historic Tear, Is Art?Gold May Be Setting Up for a Historic Tear, Is Art?
  • Recently Stolen ArtRecently Stolen Art
  • The Defense Lawyer Who Accepts Art as PaymentThe Defense Lawyer Who Accepts Art as Payment
  • Christie’s Hong Kong Sales Cycle = HK$ 2.6bn (US$ 340.6m)Christie’s Hong Kong Sales Cycle = HK$ 2.6bn (US$ 340.6m)
  • Retire the TurnerRetire the Turner
  • What’s a Decent Price in Today’s Art Market?What’s a Decent Price in Today’s Art Market?

Filed Under: General

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...