Market News

Christie’s Will Sell 16 Works from Herbert and Adele Klapper Collection at November Imp-Mod Sale in New York

Pablo Picasso’s Femme accoudée (1921), which is estimated to sell for between $10 million and $15 million.

COURTESY CHRISTIE’S NEW YORK

Christie’s is slated to sell 16 pieces from the collection of Herbert and Adele Klapper in its upcoming evening sale of Impressionist and modern art on November 11 in New York.

Estimated to bring in more than $50 million altogether, the tranche includes pieces by Picasso, Degas, Rodin, Cézanne, Renoir, and others.

The top-estimated lot from the collection is Claude Monet’s L’escalier à Vétheuil, (1881), which has been tagged with a $12 million–to–$18 million estimate. Just after that is a neoclassical Picasso, Femme accoudée (1921), estimated at $10 million to $15 million.

The Klappers gained their fortune in the garment industry, specializing in the sale of sewing machines, a business inherited from Herbert’s father. Adele, who was the daughter of European immigrants, worked for the Ladies Garment Workers Union, and met Herbert in a chance encounter at a luncheonette. Following their marriage, the two assembled a formidable collection of works by Old Masters and Impressionists, like Picasso, Rodin, Monet, Degas, and Renoir. Adele died earlier this year; Herbert died in 1999.

Max Carter, the head of department for Impressionist and modern art at Christie’s said in a statement, “The Klappers were drawn to quality, whether in the masterly detail of Brueghel the Younger’s Netherlandish Proverbs; the rich play of color and light in Monet’s L’escalier à Vétheuil, the last from the series remaining in private hands; or the remarkable modeling of Picasso’s grand neoclassical pastel, Femme accoudée, the best work of its kind to appear at auction in decades. We are honored to offer the collection they built together, which reflects their exquisite taste as much as their abiding love.”

Copyright 2018, Art Media ARTNEWS, llc. 110 Greene Street, 2nd Fl., New York, N.Y. 10012. All rights reserved.

  • Issues