The proposed sell-off of the historic Polaroid Collection has moved a step closer to reality with the announcement by Sotheby’s of dates for the auction: June 21-22, 2010. If the sale does go through as planned and on schedule, it will take place well after the spring art-market season has come and gone and the art and photo worlds have closed up shop for the summer — not to mention in the midst of a deep global recession that has hit the art market hard and the photo market especially hard, with no immediate improvement on the event horizon. […]
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Sometime between January 2003 and April 2009, somewhere between 6000-8000 works vanished from the Polaroid Collection. And no one seems to care — not the Minnesota Bankruptcy Court, which in August ’09 authorized the sale of the remainder of the collection at auction; not Sotheby’s, designated as the auction house of choice for the procedure; not the art/photo press, which to date has shown no interest in any aspect of the dissolution of this great collection; and not even the current possessors of the collection. . . . […] |
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Polaroid Collection: Update 20
Sotheby’s auction of the Polaroid Collection will start tomorrow evening, Monday, June 21, following six days of previews. The auction will have four sessions: the first tomorrow, starting at 5 p.m., the remaining three on Tuesday, June 22. I hope it goes well — for the sake of Sotheby’s; for the sake of the creditors on whose behalf Trustee John R. Stoebner obtained the Minnesota Bankruptcy Court’s permission to hold the auction; and, most of all, for the market for photography. Poor results would serve no one’s interest, including mine. Indeed, I’d be delighted to see this sale set new records for some of the photographers involved. […]