Gertrude Abercrombie Painting, Bought for $30 at an Estate Sale, Sets $1.3 M. Auction Record
Plucked from an estate sale in Kalamazoo, Michigan, for $30, Gertrude Abercombie’s Alderman Merriam’s Shells (1951) sold for $1.35 million at Freeman’s auction house on October 1. The final bid far surpassed the lot’s $250,000 estimate, setting a new auction benchmark for the late Surrealist painter. For Freeman’s New York, success was almost guaranteed. Alderman Merriam’s Shells arrived on the block buoyed by its sensational rediscovery : the enigmatic still life of seashells scattered in darkness had vanished for decades, much to the dismay of Abercrombie’s ravenous market. In reality, it languished in Michigan until a sharp-eyed shopper rescued it from an estate sale. “As happy as we are to have recaptured the record sale price for an artist we have long championed, we are even happier for our eagle-eyed consignor who saved this masterpiece,” Zack Wirsum, Freeman’s senior vice president, said in a statement. Its eventual consignor, a collector ...