«GOOD BUSINESS IS THE BEST ART»

NEW YORK—More than 1,200 photographs that were printed with the click of a button will be sold with the drop of a hammer this summer, Sotheby’s has announced. Working to pay off its creditors, the Polaroid Corporation will send its photography collection, which includes work by many of the century’s leading practitioners, to the block in June. Though the entire collection is estimated at $7.5–11.5 million, many of the works carry relatively modest estimates. Andy Warhol’s portrait of a young Farrah Fawcett, for example, is estimated to fetch a mere $5–7,000, not a bad price, one might argue, for a unique photograph.

-Art Info
Feb 12 2010