Sunday, June 20, 2010
NEW YORK (AFP) - More than 1,000 photographs from the historic Polaroid collection, including works by Andy Warhol, Ansel Adams and Chuck Close's gigantic "9-Part Self Portrait," go under the hammer in the coming week at Sotheby's.
The auction was ordered by a bankruptcy court in northern Minnesota and proceeds from the sale will go to creditors of the failed company. Polaroid has filed for bankruptcy twice, in 2002 and 2009.
The auction will be held Monday and Tuesday, following a weeklong exhibition of what are considered the best photographs in the collection -- the complete collection numbers about 16,000 pictures -- at Sotheby's Manhattan offices.
Ranging from classic Polaroid snapshots to rare gelatin silver prints, the collection was amassed over the years by Polaroid company founder and inventor (1948) Edwin Land and his technical director and photographer Ansel Adams, 400 of whose snapshots are included. Land sought to build his collection and allowed Adams to buy at the company's expense classic examples of photo greats like Harry Callahan and Dorothea Lange, whose famous "Migrant Mother" (California, 1936) is estimated at 60,000 to 80,000 dollars. "Ansel wanted a larger collection to show creativity in photographs," said Sotheby's photography department director Denise Bethel. Some of Adam's mural-size photographs are among the collection up for auction, including "Moonrise, Hernandez, New Mexico," which is estimated at between 300,000 and 500,000 dollars.
The auction is estimated by Sotheby's to bring in 7.2 million to 11.1 million dollars.
Included in the collection is a huge, one-of-a-kind, one-by-two-meter (40x80-inch) Polaroid camera used by Chuck Close for his immense portrait composed of nine, 50 centimeter-by-60 centimeter (20x24-inch) snapshots. It is expected to fetch 40,000-60,000 dollars.
"In the 50-60s, Ansel Adams started sending out cameras to artists for feedback. The artists would exchange their prints for the use of Polaroid cameras. In the late 60s, this unique situation was called 'the Artist support program,'" said Bethel.
A favorite of families and tourists, the Polaroid camera also had a following among legendary photographers and painters like Robert Mapplethorpe, Robert Frank, Andy Warhol and Robert Rauschenberg, some of whose snapshots will go under the hammer. Other, lesser known artists such as David Levinthal are also included and Sotheby's hopes interest in the Polaroid collection will boost their worth.
Polaroid was bought up in 2009 by The Impossible Project group, which is trying to revive the market for the fabled instant camera and has named eccentric pop-singer Lady Gaga as its artistic director.
Photograph: Edwin H. Land demonstrating instant camera, 1947.
Posted by Harvey's Blog at 8:03 AM