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On June 5, 2013 at Sotheby’s New York the Corcoran Gallery of Art auctioned 25 rugs from its William A. Clark Collection. The rugs, which are from the 16th and 17th centuries, brought in $43.7 million, over four times the pre-sale high estimate of $9.6 million, making it the most successful carpet auction ever held. 100% of the lots sold and the auction achieved “White Glove” status, meaning every lot in the sale garnered more than it’s pre-sale high estimate.

The highlight of the auction was the Clark Sickle-Leaf Carpet. An important and iconic rug created by an unknown Persian artist during the first half of the 17th century, the rarely exhibited piece was expected to garner between $5 million and $7 million. The carpet ended up selling for $33.7 million, the highest price paid for any carpet at auction. Mary Jo Otsea, the senior consultant for rugs and carpets at Sotheby’s said, “Selling the Clark Sickle-Leaf Carpet for a record-breaking price of more than three times the previous auction record for a carpet has unquestionably been the highlight of my 30 year career. It is gratifying to see the strength of the market for carpets of this quality and rarity.”

The rugs were part of a bequest from William Clark (1839-1925), a Montana-based entrepreneur-turned-senator, to the Corcoran in 1925. The gift was comprised of 200 paintings and drawings and a number of other works, including the rugs. The Corcoran will use the proceeds from the sale to support future acquisitions that will better fit the institution’s focus on American and contemporary art. While the Corcoran has endured recent financial troubles, the money will not be used for operating expenses in keeping with its deaccession policy.

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Maine Sublime: Frederic Edwin Church’s Landscapes of Mount Desert and Mount Katahdin will open on June 9, 2013 at Olana in Hudson, NY. Olana State Historic Site was the home of Frederic Edwin Church (1826-1900), a major figure in the Hudson River School, and includes the artist’s studio. The villa is a mixture of Victorian, Persian, and Moorish styles and overlooks the Hudson River valley, the Catskill Mountains, and the Taconic Ridge.

The upcoming exhibition focuses on the 50-year period during which Church traveled and painted landscapes of Maine. Maine Sublime presents 10 oil and 13 pencil sketches from Olana’s collection and many of works will be on public view for the first time. The show will include loans from the Portland Museum of Art, the National Gallery of Art in Washington, D.C., and two private collections.

Church first visited Maine in 1850 and spent six weeks on Mount Desert. In 1852, Church explored the Mount Katahdin region and in the coming decades he would continue to visit and be captivated by Maine’s natural beauty. The plein-air sketch Wood Interior Near Mount Katahdin (circa 1877) is one of the works that has never been on public view but will be part of the upcoming exhibition.

Maine Sublime will be on view at Olana through October 31, 2013. The exhibition will then be on view at the Cleveland Museum of Art through the summer of 2014.

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Thursday, 28 February 2013 14:08

Corcoran Gallery to Auction Rugs at Sotheby’s

On June 5, 2013 the Corcoran Gallery of Art in Washington, D.C. will auction 25 rugs from its William A. Clark Collection at Sotheby’s New York. The rugs, which are from the 16th and 17th centuries, are estimated to bring as much as $9.6 million.

The rugs were part of a bequest from William Clark (1839-1925), a Montana-based billionaire entrepreneur-turned-senator, to the Corcoran in 1925. The gift was comprised of 200 paintings and drawings and a number of other works, including the rugs.

The Corcoran will use the proceeds from the sale to support future acquisitions that will better fit the institution’s focus on American and contemporary art. While the Corcoran has endured recent financial troubles, the money will not be used for operating expenses in keeping with its deaccession policy.

Highlights from the Corcoran sale include the Clark Sickle-Leaf Carpet, which is expected to garner between $5 million and $7 million. An unknown Persian artist created the rug during the first half of the 17th century possibly for the shah. The rarely exhibited Sickle-Leaf is one of the most iconic and important carpets to appear at auction. Another rug known as the Lafoes Carpet, which measures 44 feet long, is expected to bring between $800,000 and $1.2 million.  

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