Albee’s Artwork Could Fetch $12 Million
The “failing” New York Times tells us: ‘The dominant aesthetic in Edward Albee’s art collection was abstraction and tough-mindedness, not unlike that of some of his plays. Collectors can buy a piece of that legacy on Sept. 26, when Sotheby’s in New York auctions more than 100 works owned by Albee, the Pulitzer- and Tony-winning playwright who died in 2016 at 88. The sale has an overall estimate of $8 million to $12 million. Two of the big-ticket items are Jean Arp’s painted wood relief “The Two Sisters†(1927), estimated to fetch $2.5 million to $3.5 million, and Milton Avery’s
oil “Meditation†(1960), expected to bring $2 million to $3 million. Both rely on simple shapes and strong, bold colors.’
