$9 M. Kerry James Marshall, Jenny Saville from Long Museum Founder’s Collection to be Sold
$9 M. Kerry James Marshall, Jenny Saville from Long Museum Founder’s Collection to be Sold
Paintings by Kerry James Marshall and Jenny Saville that once held the American and British artists’ public auction records will be sold from the collection of Liu Yiqian and Wang Wei, the founders of Shanghai’s Long Museum. The two works will be offered as part of Sotheby’s “Now” evening sale dedicated to contemporary art this November in New York. The paintings are each estimated to fetch prices between $9 million to $12 million, respectively, Sotheby’s confirmed to ARTnews.
News that the auction house has secured Marshall’s Plunge (1992) Saville’s Shift (1996–97) for consignment this fall comes just a few weeks after Yiqian and Wei sold off a tranche of nearly 60 contemporary art works from their holdings in a Sotheby’s Hong Kong sale. The grouping failed to meet expectations, selling for a collective $69.5 million. The sum fell far the house’s pre-sale target of $95.4 million.