Texas ranch heiress' art collection up for auction in New York, expected to fetch $150 mn

Anne Marion's collection includes works by Andy Warhol, Roy Lichtenstein & Franz Kline.

Agencies
Anne Marion on her Four Sixes Ranch in Texas (Image courtesy: Sotheby's)
DALLAS: An art collection worth an estimated $150 million that belonged to the late Texas oil and ranching heiress Anne Marion is going up for auction this spring in New York.

Sotheby's said Wednesday that Marion's private collection includes works by Andy Warhol, Roy Lichtenstein and Franz Kline.

Marion, who founded the Georgia O'Keeffe Museum in Santa Fe, New Mexico, died last year at the age of 81. Marion and her husband, John Marion, a former Sotheby's chairman and auctioneer, established the museum in 1997.



Sotheby's said three masterworks at the heart of the collection are expected to each sell for over $20 million. They are: Warhol's "Elvis 2 Times," Richard Diebenkorn's "Ocean Park No. 40," and Clyfford Still's "PH-125 (1948-No. 1)."

Marion, the great-granddaughter of Capt. Samuel Burk Burnett, was the heiress to the historic Four Sixes Ranch in King County in West Texas.

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Sotheby's said the masterworks that formed her art collection were featured in her Fort Worth home, which was designed by architect I.M. Pei.

Sotheby's said that a number of other works from her collection will be gifted to the Modern Art Museum of Fort Worth and the Kimbell Art Museum in Fort Worth.
Banksy, KAWS & More: 5 Things To Know About Collecting Street Art
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Street art is no longer spray painting on bus stops, street corners and walls. It’s making its way into your home, and if you’re a collector, it’s a genre to consider.



Works by pioneers such as Haring, Stik, Banksy and KAWS have gained popularity in recent years as we have seen an urban liberation of art media, pushing through the conventional parameters of paper, cardboard and canvas and on to pavement, sidewalks, subways and the bricks of buildings.



As the personification of movement, freedom and spontaneity, art inspired by graffiti has taken centre stage, both literally in scale and visibility and in its burgeoning popularity.

Street art is no longer spray painting on bus stops, street corners and walls. It’s making its way into your home, and if you’re a collector, it’s a genre to consider.Works by pioneers such as Haring..
Read More
“Since the hip-hop crews of Philadelphia and New York turned graffiti into an elaborate language, encrypted in a range of unique styles, Street art has become an established art form. While its very public presence may scream manifesto, perhaps with subversive intent, Street art nonetheless promotes a sense of the uncompromising, a radical ethos that consistently attracts clusters of fervent supporters throughout the world,” says Noah Davis, Specialist, Post War and Contemporary Art at Christie’s Inc. They share their tips on what you need to know if you’re considering going street.

In pic: INVADER (b. 1969), Alias SP_43, 2011. Ceramic tiles on perspex. 28? x 14 in (71.5 x 35.6 cm). Estimate $40,000-60,000. Offered in Trespassing, 5-19 August 2020, Online
“Since the hip-hop crews of Philadelphia and New York turned graffiti into an elaborate language, encrypted in a range of unique styles, Street art has become an established art form. While its very ..
Read More
Artists inspired by graffiti often revisit a theme or rely on a repeated technique in their work, creating a recognisable trademark that forms an essential part of their visual vocabulary. Haring developed his man figure; Jean-Michel Basquiat combined symbols and epigrams; and Banksy fashions irreverent, politically-charged subjects.

In pic:
Left - KAWS (b. 1974), Untitled Ad Disruption (Prima/Paris), 1999. Acrylic on found advertising poster. 68 x 47¾ in (173.5 x 120.1 cm). Estimate: $100,000-150,000. Offered in Trespassing, 5-19 August 2020, Online

Right - KAWS (B. 1974), Untitled (Astro Boy), 2003. Hand-painted resin. 18½ x 12 x 4½ in (47 x 32 x 11.2 cm). Estimate: $150,000-200,000. Offered in Trespassing, 5-19 August 2020, Online
Artists inspired by graffiti often revisit a theme or rely on a repeated technique in their work, creating a recognisable trademark that forms an essential part of their visual vocabulary. Haring dev..
Read More
Some street artworks are site-specific, such as Haring’s infamous ‘Crack Is Wack’, a 1986 public project still visible along the Harlem River Drive in New York City. As a way to represent the whole, a distinct element of the work may be replicated in a more portable form. Haring’s iconic figures and symbols repeat throughout his oeuvre, finding themselves not only on his murals and canvases but also on his screen prints. This is also true for artists such as Stik and Banksy.

In pic: Banksy (b. 1975), Girl with Balloon — Colour AP (Gold), 2004. Screenprint in black and gold. Sheet 695 x 495 mm. Sold for £395,250, 24 Sep 2019, Online
Some street artworks are site-specific, such as Haring’s infamous ‘Crack Is Wack’, a 1986 public project still visible along the Harlem River Drive in New York City. As a way to represent the whole, ..
Read More
Street art can be easily duplicated. As stencils can be used and infinitely reused, the question of originality that plagues all art becomes particularly critical for this genre. Consult a specialist. For prints, it is extremely important that they match the catalogue raisonné for the artist or compare well to other examples from the edition.

In pic: HAROSHI X KARIMOKU (b. 1978), BE@RBRICK KARIMOKU HAROSHI 400%, 2019. Repurposed skate deck maple wood
Street art can be easily duplicated. As stencils can be used and infinitely reused, the question of originality that plagues all art becomes particularly critical for this genre. Consult a specialist..
Read More
Street art is, by its very nature, exposed to the elements more than other kinds of art. Restoration may be possible — some artists, such as Stik, make a point of personally touching up their works in situ whenever they can — but some level of wear is to be expected. Collectors should keep in mind that, as with any kind of artwork, condition may impact the perceived value of a piece.

In pic: D*FACE (b. 1978), London — LA, 2014. Acrylic and printed paper collage on panel. 60 x 48 in (152.40 x 121.92 cm). Estimate: $12,000-18,000. Offered in Trespassing, 5-19 August 2020, Online
Street art is, by its very nature, exposed to the elements more than other kinds of art. Restoration may be possible — some artists, such as Stik, make a point of personally touching up their works i..
Read More
Since Street Art is a relatively new movement in art history, it’s important to know what came before in order to understand where it’s going. Most are aware that graffiti — and more specifically, Wild Style — represented the nascent form of Street art in the 1970s, but Pop art also paved the way, incorporating many of the same topics for the first time, from mass consumerism to elements of pop culture.

In pic: Barry McGee (b. 1966), [Untitled], 2007. Double-sided — silkscreen on envelope. 10¾ x 6? in (27.3 x 16 cm). Estimate: $2,000-3,000. Offered in Trespassing, 5-19 August 2020, Online
Since Street Art is a relatively new movement in art history, it’s important to know what came before in order to understand where it’s going. Most are aware that graffiti — and more specifically, Wi..
Read More

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