PaperCity Magazine

PaperCity Dallas May 2022

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Page 37 of 99

C oinciding with the highly anticipated retrospective "Philip Guston Now" at the Museum of Fine Arts, Boston, a work by the Abstract Expressionist is projected to fetch A TEXAS COUPLE OWNED GUSTON'S FINEST MASTERPIECE, WHICH HAD NOT BEEN SEEN BY THE PUBLIC FOR 40 YEARS, UNTIL THIS MONTH WHEN IT HITS THE SOTHEBY'S AUCTION BLOCK. By Billy Fong APPRAISING PHILIP GUSTON $20 to $30 million on the Sotheby's auction block this month. It's been 40 years since the public last saw Guston's 1958 masterpiece Nile — the painting that helped cement his legacy as one of the greatest artists of the 20th century. Those estimates would be the highest ever paid for one of Guston's works at auction; his previous record stands at $25.9 million from the Christie's sale of To Fellini (1958) in 2013. Nile has been part of the extensive art collection of one of Texas' most philanthropic couples, Peter and Edith O'Donnell. The Dallas residents' recent deaths (Peter in October 2021 and COURTESY SOTHEBY'S (Continued on page 94) Philip Guston's Nile, 1958 36

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