Sotheby's to Sell Art From Henry Ford II's Estate
Oct. 12, 1990
NEW YORK (AP) _ Thirty-six impressionist and modern works of art from the estate of Henry Ford II will be sold at auction Nov. 12, Sotheby's announced.
The paintings, drawings and sculpture include major works by Paul Cezanne, Amedeo Modigliani, Henri Matisse, Joan Miro and Marc Chagall. The auction is expected to fetch more than $50 million.
Ford, who was vice chairman of Sotheby's from 1960 to 1980, died in 1987. He was grandson of automobile magnate Henry Ford.
Along with the 36 paintings, Sotheby's will sell Pierre Auguste Renoir's ''The Cup of Chocolate,'' which belonged to Henry Ford II's father, Edsel B. Ford. It depicts one of the artist's favorite models with a finely rendered silk scarf and a patterned floral wallpaper in the background.
The painting, valued at $15 million to $18 million, was consigned to Sotheby's by the Henry Ford II Family Collection, which is separate from Ford's estate.
Among highlights of the estate sale will be a Cezanne landscape, ''The Jas de Bouffan,'' which depicts a view of the country estate that belonged to Cezanne's father. It is valued at $7 million to $9 million.
Among the other works to be sold are a group portrait by Edgar Degas expected to bring $1.5 million to $2 million, and a picture of a festival in a park that Camille Pissarro painted when he traveled to London in the spring of 1897. It is expected to fetch $1 million to $1.5 million.
Pablo Picasso's works in the sale include ''The Bohemian,'' a pastel on paper of a gypsy woman seated in front of a restaurant and looking out to sea, expected to bring $3 million to $4 million.
Modigliani's ''Portrait of Morgan Russell,'' an American painter, is valued at $8 million to $10 million.
Among the most recent works in the collection is Miro's ''Painting,'' valued at $3 million to $4 million. The modern oil on canvas, done in 1953, is more than 6 feet tall.