Who’ll Get the Warhols? The High-Society Divorces Behind New York’s Mega-Expensive Art Sales

his wife of five decades with 42-foot-high photos of himself and his new wife installed on a building where Linda had had a contract to buy an apartment. So is she seeking her Gerhard Richter, or revenge?

In Ms. Bass’ case, she was awarded a sum of money in her 1988 divorce plus, as is common in Texas and elsewhere, the house and its contents. But 1987 was the year the great art boom began with the $39.8-million sale of Vincent van Gogh’s “Sunflowers.” Now, those contents are now likely to be worth more than the total settlement. Her 1920 Edgar Degas sculpture of a ballerina alone, “Petite danseuse de quatorze ans,” will start the bidding at about $20 million.

After 50 years of marriage, he adds, it was assumed that those works would probably never come back on the public market again. But in 2016, they filed for divorce. Warring appraisals of what the collection was worth and constant spats prevented a swift resolution.The judge finally ordered that the matter simply go to a court-appointed receiver, Acquavella Gallery director Michael Findlay, the nearest thing the art world has to a celebrity Solomon.

Anne Bass became a major patron of ballet worldwide, and died in 2020 at the age of 78. Christie’s won her highly coveted collection with a bid that guaranteed minimum prices on some works—regardless of what happened at auction. Christie’s also toured the collection to cities around the world in a luxurious display that mimics Bass’s own home.

Source: Entertainment Trends (entertainmenttrends.net)

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