Word: duveens
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...Finally, about 1920, he met the Italian collector Count Contini-Bonacossi in Rome. Kress decided on the spot that he would some day have a collection as good as the count's. Soon he was the friend of Bernard Berenson, and eventually the client of the ubiquitous Lord Duveen...
...details. The best dealers are men and women of experience and taste, heavily relied upon by the richest collectors-the Mellons, Morgans, Huntingtons, Fricks, Wideners and Kresses of the past, and the Rockefellers, Onassises, Fords, Lehmans and Chryslers of the present. History's most famous dealer was Joseph Duveen, who before his death, in 1939, sold art to many of the major collectors of London, New York and Paris. It is said that Lord Duveen spent a fortune in tipping ships' stewards to make sure that his deck chair would be put alongside that of the multiest...
Handling Living Artists. The big houses such as Wildenstein, Duveen, Knoedler and Rosenberg have the experience and the capital to be able to hang on to a purchase for years, if necessary, until the market is ripe for selling. Smaller dealers, who more often handle the works of living artists, either place artists on a kind of salary in return for a certain number of pictures a year-the favored method in Europe-or take work on consignment and sell it for a straight one-third commission. The percentage is not as exorbitant as it sounds, for the business entails...
From now on, the Erickson name will more likely be linked to his small but choice collection of paintings, bought largely with the guidance of Dealers Wildenstein and Duveen. Erickson began collecting in 1922, when he bought a portrait of a strange little boy by George Romney. English painters-Romney, Gainsborough, Raeburn-were fashionable in the '20s, but Erickson and his wife Anna were also willing to wander into richer pastures...
Aristotle, commissioned for 500 florins (an estimated $7.800) by a Sicilian nobleman in 1652, was sold by Joseph Duveen in 1928 to the Ericksons for $750,000. In 1929, when Erickson was in need of funds, he let Duveen have it back for $500,000, but in 1936 repurchased...