Time to let go: Why Gene Sherman is auctioning 100 treasured artworks

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I don’t want to leave our children with a headache, says the long-time gallerist and art provocateur of her mission to cull the family’s art collection.

At its height, the contemporary art collection acquired by Gene and Brian Sherman after they arrived almost penniless in Australia from apartheid South Africa grew to 900 works.

In the forward Gene Sherman writes that the works “represent so much to us personally… [bearing] testament to our life and love as a couple, our shared history across time and place … including the friendships we developed, and have maintained over decades, with treasured artists.” Famously, Brian Sherman and Laurence Freedman, a cousin of Gene, founded EquitiLink in 1981, swimming against the fund management current to create a tsunami of wealth. By the time of the Sydney 2000 Olympics , EquitiLink was managing $5.5 billion of funds.

“At the end of our lives, hopefully after exhibiting our core collection in an institution, we would like to leave 300 ‘hero’ works to our children.” “Years later, the Pompidou Centre bought another set from the same edition. He’s now had a solo exhibition at the legendary Hermitage Museum in St Petersburg.”

In 1989, the Shermans moved the gallery to Paddington, first to Hargrave Street, where it began concentrating on all forms of contemporary art: a terribly small market in Australia in those days, with fierce competitors such as Robyn Oxley in Sydney and Anna Schwartz in Melbourne.Chinese artist Ai Weiwei with his installation at Sherman Galleries in Paddington, 2008.

 

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