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From London to New York, across stretches of ocean to Hong Kong and Dubai, the art market continues to flourish with Christie’s worldwide sales for the first half of 2011 demonstrating a 15% increase on 2010 sales figures for the same period. In this issue of the Corporate Collections Newsletter, we examine successes at Christie’s from the first half of the year and highlight the fall’s most exceptional works from esteemed corporate collections. We recognize that these collections become great due in large part to the extraordinary vision of the directors and curators who guide them. Our interview with Lisa K. Erf, Director of the JPMorgan Chase Art Collection, gives insight into one of the world’s most established programs and illuminates the distinctive role these collections play in a corporation’s identity. We hope you enjoy our latest issue and look forward to working with you to achieve your collecting goals.
Interested in providing feedback or suggestions for future issues of Christie's Corporate Collections Newsletter? Email corporatecollections@christies.com
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A director. An artist. A curator. Lisa K. Erf, who has overseen the corporate art collection at JPMorgan Chase for the last seven years, has embodied all of these roles over the course of her career. After receiving a BFA and an MFA in studio arts, Lisa worked in several sectors – corporate, commercial, academic, non-profit and municipal – before joining The First National Bank of Chicago 17 years ago, a position that ultimately led to her role today. She now oversees a collection that comprises 30,000 artworks situated within 450 corporate locations worldwide. Below, she discusses the collection’s place within her company, her experience working with Christie’s and what’s surprised her most about her current role.
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What are the hallmarks of the JPMorgan Chase collection?
The overriding hallmark of our collection is the authenticity and integrity of our firm’s commitment to art as an extension of daily life in our workplace. During the 1960s, in the early days of the collection, it was a radical departure – the idea that art would no longer serve as mere decoration, but would promote a work environment that was visually and intellectually stimulating… MORE >
What has surprised you most about your work or role?
The breadth and depth of our company as a platform for promoting audience awareness of contemporary art and art in general… MORE >
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What are the guiding factors you use in acquiring work?
The same, I hope, as those who began our collection – visual and intellectual stimulation, works that are innovative and impressive, unpredictable and thought-provoking – works that become richer and more meaningful over repeated viewings. Of course, our collection is quite mature by now… MORE >
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Christie's Fine Art Storage Services (CFASS) is dedicated to preserving some of the world’s most important art collections. We offer a range of services to meet clients’ unique collection management needs and keep property safe in our state-of-the-art storage facilities. With our services, clients can manage their collection remotely from anywhere in the world with Internet access. CFASS will also receive, inspect, photograph and store property to ensure space efficiency is maximized. Beyond these services, CFASS can be your art collection concierge, providing access to services such as appraisals, private sales, loan collateral management and auction consignment management. With facilities in London, New York and The Singapore FreePort, we are uniquely positioned to offer the highest level of security, management and expertise for art collections around the world.
Contact Gaia Banovich for further information
+1 212 974 4525
info@cfass.com
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“Considered the leading maritime artist of the 20th century, Montague Dawson is renowned for both his meticulous attention to nautical detail and the evocative dramas he creates between a ship and the sea. In Taking a Northwester, Dawson’s talent is on full display from his powerful rendering of the surging sea waves and the men who struggle against its force to the representation of light and hope on the horizon. The Northrup Grumman collection, from which this painting will be offered, was put together with the goal of creating a visually engaging environment for the company’s employees. Taking a Northwester, along with the two other Dawson works that will be offered, represent just a few of the highlights from our exciting upcoming sale, an auction that will feature a variety of periods and styles.”
– James Hastie, Head of 19th Century European Art, Christie’s New York |
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Montague Dawson
Taking a Northwester
oil on canvas
40 x 50 in. (101.6 x 127 cm.)
$180,000-$220,000
To be sold at Christie’s New York,
19th Century European Art, including
Maritime Paintings, October 12, 2011 |
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This September, we pay tribute to one of the world’s most influential naturalists, John James
Audubon, with a dedicated sale of more than 100 prints from the collection of The Westervelt Company, formerly The Gulf States Paper Corporation. Among Audubon’s greatest achievements was the completion of Birds of America, a comprehensive volume composed of 435 life-sized, hand-colored engravings. A closer look at the works in this sale, which includes 87 prints from the Birds of America series, demonstrates the unmatched skill that has contributed to Audubon’s enduring influence.”
– Tudor Davies, Head of Prints, Christie’s New York
After John James Audubon
By Robert Havell
Snowy Owl (Plate CXXI)
Nyctea scandiaca
engraving with etching, aquatint and hand-coloring,
circa 1831
38 1/4 x 25 5/8 in. (972 x 651 mm.)
$120,000-180,000
To be sold at Christie’s New York, Property from The Westervelt Company, Formerly The Gulf States Paper Corporation, September 28, 2011 |
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“The photography world was in high anticipation of the Consolidated Freightways Collection and the astounding results of Part I signifies its value in the marketplace. This globally renowned collection reflects the pinnacle of corporate collecting by amassing works of art that mirror the firm’s core competency: traveling the American landscape. Significant prices were achieved for Dorothea Lange, Cindy Sherman and Robert Mapplethorpe, whose Flag, 1987, was the top selling lot surpassing the high estimate with $158,500.”
– Joshua Holdeman, International Director, 20th Century Art
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After the stellar successes of the first half of the year, there has never been a better time to connect with all that Christie's has to offer. If you are interested in learning more about building your collection, obtaining a valuation of your company's works or consigning property to our upcoming sales, our Corporate Collections team is ready to assist you with an individualized plan for your collecting needs.
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Post-War & Contemporary Art
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September 14
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London
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Prints
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September 20
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London
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First Open Post-War &
Contemporary Art
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September 21
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New York
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Property from The Westervelt
Company, Formerly The Gulf States
Paper Corporation
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September 28
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New York
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Photographs
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October 6
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New York
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The American Landscape:
Black and White Photographs
from the Collection of
Bruce and Nancy Berman
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October 7
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New York
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19th Century European Art,
including Maritime Paintings
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October 12
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New York
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Post-War & Contemporary Art
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October 14-15
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London
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Prints & Multiples
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October 25-26
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New York
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Impressionist and Modern Art
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November 1-2
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New York
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Photographs
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November 2
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London
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Post-War & Contemporary Art
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November 8-9
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New York
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Impressionist and Modern Art
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December 1
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London
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