Word: raeburns
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Dates: during 1960-1969
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...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...
...Erickson sale also showed that great art can go down as well as up. A Raeburn that the Ericksons bought for $100,000 in 1927 went for $60,000; a regal Gainsborough that cost $300,000 in 1928 went for a dismal $35,000. A Holbein portrait also went for $35,000, which was $95,000 less than the Ericksons paid. The painting that took the worst tumble was a Van Dyck: it cost the Ericksons $200,000 plus two paintings, went for $27,000 last week...