The infamous Sunbaker picture by Max Dupain from 1937 will be on the move after Minter Ellison, the owners of a large collection will be transferring fantastic pieces to the highest bidder. The law firm Minter Ellison has had marvelous artwork hanging in their Sydney office for over fifteen years. Unfortunately, the firm is moving to a warehouse styled office, which means they will not need artwork hanging around the office. The company owns 56 pieces of artwork, estimated roughly just under $2 million US dollars.
Even though the collection consists mostly of Australian photographs, the collection is still one of the top collections in all of Australia. It includes work from Tracey Moffatt, Bill Henson, and as mentioned earlier, Dupain. Minter Ellison is not the first company to sell a great collection of artwork. A few years back Foster’s Art Collection sold a collection for over $13 million US dollars. These collections are not uncommon with larger, prominent companies who use artwork to woo and get clients in the door, and show off success.
Although artwork is not a main facet for organizations, Sotheby’s Australia explains, “Large art collections of big companies to assess whether they should remain dormant on their books, as businesses look for new premises.”
Australia and Europe are known for their love of expensive artwork, and companies are joining this group by constantly owning collections which can be then sold for a great profit. The collection by Minter Ellison is expected to be sold July 21st.
For more Etienne, please visit Etienne Kiss-Borlase’s Official Website.