Notes on CBMAA: Warhol, Judd acquisitions | Rock Candy

Thursday, March 21, 2013

Notes on CBMAA: Warhol, Judd acquisitions

Posted By on Thu, Mar 21, 2013 at 11:07 AM

Warhols Hammer and Sickle
  • Warhol's "Hammer and Sickle"

The Art Newspaper's Judith Dobrzynski today revealed two new acquisitions by Crystal Bridges Museum of American Art, including an Andy Warhol serigraph on canvas, "Hammer and Sickle." The symbol of Communism cost $3.4 million. Funny.

The museum has also acquired Donald Judd’s copper and plexiglas "Untitled, 1989 (Bernstein 89 24)," Dobrzynski says, for $10.2 million. Both were bought at auction at Sotheby's last November.

Judds Untitled, 1989 (Bernstein 89 24)
  • Judd's "Untitled, 1989 (Bernstein 89 24)"

Yesterday, a New York Times story published March 20 writes, "Rivaling earlier American moguls who built elaborate edifices to house their art collections, magnates of the 21st century are pouring their fortunes into founding their own ambitious museums," and one of those magnates is, of course, Walton, 8th richest person in the United States. (Hard to image there are seven even more wealthy folk, isn't it? Two are her brother Jim and sister-in-law Christy, of course.)

The article runs in the New York Times' special museums section. It notes the "grandeur" of Crystal Bridges:

The museum, which has an annual operating budget of $18 million, employs more than 125 people. In its first year, 2012, it had more than 600,000 visitors. Ms. Walton, whose $21 billion net worth makes her the eighth-richest person in the United States, according to 2012 Forbes calculations, has collected American art for more than two decades and chose her home area to provide a cultural institution in an area without one, she has said.

“At Crystal Bridges we share the story of America through outstanding artworks, in a setting that highlights the beauty of our region,” she said. Her focus is to make the museum “accessible to everyone,” she added, so admission is free and school field trips, including buses and lunch, are paid for.

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