Art News

Lehman Brothers Art Collection Yields Over US$2.2 Million at Freeman’s

Color Lithograph. Currier, N.; Ives, J.M., publisher. "The Great East River Suspension Bridge." New York, 1877. 28 3/4 x 39 1/4 inches (730 x 995 mm) Slightly toned, linen backed. Image clean & attractive. Gale 2817. - Provenance: Lehman Brothers. Estimate $2,000-3,000. Sold for: US$7,500.

PHILADELPHIA, PA.- Freeman’s auctioneers sold the third
part of the multi-million dollar art collection of the former global financial
services firm Lehman Brothers Holdings Inc. (LBHI) in Philadelphia for
US$600,000. Bringing the total value of the collection to date, including parts
one and two, sold at Freeman’s in 2009, to over US$2.2 million. The sale,
delayed by one week due to heavy snow, was unlike the previous two Lehman sales
held at Freeman’s. This auction, with no reserves, included over 60 lithographs
and engravings, depicting nautical, sporting, and landscape themes, in
conjunction with a select group of Audubon ornithological prints.