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Sotheby’s Brings $40m Stone Collection to May

March 26, 2015 by Marion Maneker

9340 Léger, La Roue Bleue, État Définitif

Sotheby’s has another strong Modern collection from Jerome H. Stone’s estate. Stone was a trustee of the Museum of Contemporary Art Chicago and founder of the Stone Container Corporation. The $40m collection includes 30 works some by Giacometti, Miró and this Léger, La Roue Bleue, État Définitif, estimated at $8 to $12m.

Mr. Stone and his wife assembled their collection mainly in the 1950s from major dealers, including Pierre Matisse and Sidney Janis. “Jerome Stone was one of a generation who was buying these when they were contemporary art — the paint was still wet,” [Simon] Shaw said. “These are the latest things from the European avant-garde. As such, this is a particularly rich window on a generation of collecting.”

[…]

Most of the collection will be offered in New York in Sotheby’s Impressionist and Modern evening and day sales on May 5 and 6 and in its contemporary day sale on May 13. Some works will be offered in Sotheby’s contemporary sale in Paris in June.

Brooklyn Bridge Park to Display Danish Artist  (NYTimes.com)

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