Small Auction House Wins Major Estates

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LOS ANGELES, CA.- Property from the Estate of computer billionaire Max Palevsky and works from the collection of James Byrnes, the first curator of Modern Art at LACMA, will trade hands for the first time on March 6, 2011 at the upcoming LAMA auction. Over half of the 500 plus items offered in the March 6th auction have never before traded hands on the open market. Peter Loughrey, Director of LAMA: “Every auctioneer is aware that strong material from private collections is always in great demand. This is one of the best opportunities we have had to offer completely fresh material by some of the greatest artists of the 20th century. The fact that this material has such great provenance and will be sold with little or no reserve is just icing on the cake.” Highlights from the Estate of Max Palevsky will include a number of Ettore Sottsass custom designs such as a marble entry table, a custom headboard with built-in nigh