Terry Allen Kramer’s art and furniture collection is headed to auction

Terry Allen Kramer’s art and furniture collection is headed to auction
Leading lights  -   Collectors

Terry Allen Kramer was best-known for producing the iconic, Tony-winning, Broadway hit shows like Kinky Boots and Movin’ Out. Less-known about her, was her almost equal investment in the arts, amassing a seriously impressive collection of fine and decorative art as well as historic furniture and design works.

Before Kramer passed away in May of this year at age 85, her collection of Impressionist and Modern art, including major works by Picasso, Degas, and Matisse, was largely private, hung across her New York City home and mansion in Palm Beach, Florida. Her entire collection is now set to be auctioned off at Christie’s in 260 lots between September and January, is estimated to bring in as much as $21 million.

Leading the collection is Picasso’s breath-taking 1968 Buste d’ homme, which carries an estimate of $9 to $12 million. Other works include Impressionist masterpieces like Jardin et poulailler chez Octave Mirbeau, Les Damps by Camille Pissarro as well as works by Aristide Maillol, Henri de Toulouse-Lautrec, Lê Phổ, Salvador Dalí, Henri Matisse, and Mary Cassatt.

Buste d’ homme, Pablo Picasso, 1968

 

Over 150 lots of English and European furniture, silver and Meissen porcelain, as well as 19th century paperweights, will also be auctioned off. Highlights include a Scagliola tabletop, and a pair of George III blue-green and white painted armchairs from 1775.

“Terry Allen Kramer’s collection reflects the spirit of adventure and sense of fun she was legendary for, spanning the best of modern art from the late–19th to mid–20th centuries,” Christie’s head of Impressionist and Modern Art, Max Carter, said in a statement. “The collection is particularly rich in works on paper, with rare and important examples by Dalí, Léger, Matisse, Miró, and Picasso.”

 

While 260 works will be distributed along several sales at Christie’s in the next months, a dedicated sale at Christie’s New York headquarters in October will focus on her porcelain, prints, furniture and decor. The greatest hits of the collection will be saved for an evening sale of Impressionist and Modern art on November 11. This will include the Picasso, Pissaro and Dali works.