BUYING AT AUCTION
MY FAVORITES FROM THE MoMA DEACCESSION SALE AT SOTHEBY’S
Clients of mine have frequently expressed their feelings of uncertainty when it comes to how to buy art, even once they have identified a piece or an artist they love. It happens more often than you think, and to people whom you’d never suspect to feel anything other than confidence.
It is true that the art world can be mystifying and feel hard to decode. Sometimes I feel like I’m doing the good work, helping to build the confidence of my clients to go out into this world and successfully purchase pieces that move them. Art, for me, is something that everyone who is interested should feel welcome to participate in the joy of collecting and supporting artists and cultural creation.
Within this space, the purchase at auction is sometimes the most daunting. However, it is a place I love to start with buyers for several reasons:
It forces you to set boundaries and define your budget.
It gets you excited and brings out passion.
It makes you dream and imagine ownership.
It is fun! (I promise!)
It’s good practice to watch what comes up at the major auction houses of Sotheby’s, Christie’s, Phillips, and I also really enjoy some of the smaller regional British auction houses, especially single-owner sales—studying private collections offers such a full understanding of the best of connoisseurship, what a lifetime of collecting means, and how someone lived with these things, interpreting them for their own lifestyle.
In particular, watching what museums deaccession (it’s rare) provides an important look back at what is standing the test of time. I’m currently eyeing several pieces in MoMA’s deaccession sale at Sotheby’s. The below pieces really speak to me as stand alone works of art, even though the careers of artists who made them have not held lasting renown for an institution of MoMA’s caliber.
If you’re curious to learn more, I used to work in the auction world and help my clients navigate an gain confidence in this space all the time. Please don’t hesitate to reach out.