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Texas heiress Anne Marion's $150M art trove up for grabs in auction

Texas heiress Anne Marion's $150M art trove up for grabs in auction
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Art&Antiques: Warhol, Still and Diebenkorn in Sotheby's sale


 
The private collection of the late American philanthropist and art collector Anne Marion will be unveiled at Sotheby’s in New York, ahead of a number of sales in May. Her collection, anchored by post-war American art, is estimated in the region of $150 million (€125m).
She was the fourth generation of the Texan Burnett ranching dynasty, whose distinctive red and white barn was used as the backdrop for Marlboro cigarette advertising in the 1960s and 1970s. She died of lung cancer in February 2020.
The family owned more than a third of a million acres at their 6666 ranch, one of the largest in the Lone Star State. ....

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A pipeline of oil money fuels Texas deregulators


Frozen natural-gas equipment led to the state s deadly power outages
March 2, 2021 8:00PM (UTC)
A view of high voltage transmission towers on February 21, 2021 in Houston, Texas. Millions of Texans lost their power when winter storm Uri hit the state and knocked out coal, natural gas and nuclear plants that were unprepared for the freezing temperatures brought on by the storm. Wind turbines that provide an estimated 24 percent of energy to the state became inoperable when they froze. (Justin Sullivan/Getty Images)
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Sotheby's to offer $150 million art collection of legendary Texan & visionary philanthropist Mrs. John L. Marion


Sotheby s to offer $150 million art collection of legendary Texan & visionary philanthropist Mrs. John L. Marion
Andy Warhol, Elvis 2 Times, 1963, Silkscreen ink and silver paint on linen. Estimate $20-30 million. Courtesy Sotheby s.
NEW YORK, NY
.- The private collection of visionary philanthropist, renowned art collector, and legendary Texan Anne Marion (1938-2020) will be unveiled for the first time at Sotheby’s this spring. Widely celebrated throughout her lifetime, both for her generous support of cultural institutions, critical contributions to education and healthcare, and for her passion for the life and traditions of the American Southwest where her family had been rooted for generations, Anne Marion held a fabled status among art lovers and ranchers alike. And yet, despite the public-facing nature of her support for so many leading American museums, the treasures of Anne Marion’s own private collection have remained – until now – largely unknown. Sotheby ....

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Texas ranching and oil heiress Anne Marion's $150million art collection goes up for auction


Texas ranching and oil heiress Anne Marion s $150million art collection goes up for auction: Masterworks by Warhol, Lichtenstein and Franz Klein not seen by the public in decades go on sale
Marion, who founded the Georgia O Keeffe Museum in Santa Fe, New Mexico, died last year at the age of 81
Marion and her husband, John Marion, a former Sotheby s chairman, established the museum in 1997 
Sotheby s said three masterworks at the heart of the collection are expected to each sell for over $20 million
They are: Warhol s Elvis 2 Times, Richard Diebenkorn s Ocean Park No. 40, and a Clyfford Still
Sotheby s said the masterworks were featured in her Fort Worth home, designed by architect I.M. Pei ....

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