The Master, Judd Tully, reminds us of his tenure in the art market with this post on his personal website recalling the sale of James Rosenquist’s F-111 during the second Scull sale in 1986. There he spoke with Rosenquist’s dealer, Leo Castelli who gave some of the details of the original sale:
“I didn’t expect it to get that much. It is a very cumbersome painting.” Recalling his showing of the work in 1965, he said, “It went all around the gallery. Sixty thousand was the asking price, but Scull paid $ 45,000 [with a discount]. It was a very brave thing for Scull to do. He almost deserved to have it for nothing.”
If you’re wondering why Scull got a discount, Tully has some answers:Continue Reading