Property from the Raymond and Patsy Nasher Collection - Sotheby's, May 2008 In May 2008 Sotheby’s New York will offer for sale Property from the Raymond and Patsy Nasher Collection, distinguished collectors and philanthropists from Dallas, Texas.
News-Antique.com - Mar 15,2008 - March 14, 2008 – In May 2008 Sotheby’s New York will offer for sale Property from the Raymond and Patsy Nasher Collection, distinguished collectors and philanthropists from Dallas, Texas. Over the course of their lives, Mr. Nasher, who died in March of 2007, and his wife, Patsy, who died in 1988, assembled an extraordinary collection numbering more than 1,000 works of art. In 2003, Mr. Nasher opened the Nasher Sculpture Center, located in the heart of the Arts District in downtown Dallas, and prior to his death, he began to select works from their collection, which could be sold to benefit the Nasher Sculpture Center. This spring, a group of approximately 200 works from the Nashers’ collection, including Impressionist and Modern Art, Contemporary Art, Prints and American Paintings, will be offered in four auctions. The majority will be presented in a single-owner sale on May 9th, with other important works
being offered in the evening sales of Impressionist/Modern and Contemporary Art on May 7th and May 14th, respectively, and also in the sale of American Paintings on May 22nd. Highlighting the offering from the Nashers’ collection are two paintings by Pablo Picasso, including Le Baiser (The Kiss), 1969, which is estimated to sell for $10/15 million, and L’Atelier (The Studio), 1961-62, estimated to bring $6/8 million. Other highlights of the collection include works by Stuart Davis, Jean Dubuffet Alberto Giacometti, Howard Hodgkin, Hans Hofmann, Jasper Johns, Franz Kline, Roy Lichtenstein, Charles Sheeler and Jean Tinguely, among others. In total, the offering of approximately 200 works is estimated to bring in excess of $30 million*.
Warren Weitman, Chairman of Sotheby’s North and South America, commented, “Sotheby’s is pleased to be offering selected works from the Raymond and Patsy Nasher collection to benefit the Nasher Sculpture Center. The Nashers’ contribution to the worlds of art and architecture is remarkable and international, and their legacy is abiding in the works they collected and now share with the public.”
Elliot Cattarulla, Executive Director, The Nasher Foundation, said, “It was Mr. Nasher’s intent that items related to the core mission of the Nasher Sculpture Center be retained and that those not vital to the Center’s mission be sold in order to augment the financial resources he left as endowment. He began this process prior to his death, and as his estate is being settled, the Board of The Nasher Foundation will continue the process by consigning certain works of art to Sotheby’s for sale in their Spring 2008 New York auctions.”
Raymond and Patsy Nasher
Raymond and Patsy Nasher moved to Dallas in 1950 where Mr. Nasher began his career in real estate development. By the early 1960s, an interest in three-dimensional works of art had already been born through the passion for Pre-Columbian works of art and their sculptural integrity. Originally it was Patsy who had the passion for collecting, but over the years they both immersed themselves in art through reading, traveling, and visiting museums, galleries, and artists’ studios. By the mid-1960s, the