Edward Bannister's "Palmer River" sold for just over $277,000 at a Sotheby's Auction last week. Photo: Wiki/Public Domain
A painting by acclaimed Rhode Island Black artist Edward Bannister garnered just over $277,000 at a Sotheby’s auction last week.
The owner who sold it, Dan Mechnig, who had purchased “Palmer River” by Bannister in 1985, spoke with GoLocalProv about what it meant to own, and sell, the significant piece of American art.
“It’s an incredible national story — you won’t find it anywhere in the world, and we have it right here in Providence,” said Mechnig, who had originally bought the painting for $17,500 in 1985.