Island artist’s painting earns Farnsworth a record $950,000 – Knox County VillageSoup
A painting by the late artist Monhegan Lynne Drexler sold for nearly $1.2 million at an auction on Thursday, including $950,000 to the Farnsworth Museum for future collections.
The sale is thought to be the most money Farnsworth received for a painting, and the most for a Drexler painting.
David Troup of the Farnsworth said the museum was happy the painting sold for that amount. The minimum asking price for the artwork at auction at Christie’s in New York was $40,000.
The Farnsworth still has five Drexler pieces in its collection and one will be on display when the museum reopens on Saturday March 12 after being closed for several weeks for a full gallery relocation, Troup said.
“We love his work,” he said.
The proceeds will allow the museum to collect more diverse and contemporary works, he said. The Farnsworth will celebrate its 75th anniversary next year.
The Drexler painting that sold is called “Flowered Hundred” and is a 70 by 87.5 inch oil on canvas painted in 1962.
When asked what led to the sale price, Troup replied that “the market is the market”.
Drexler bought a house in Monhegan in 1971 and divided his time between New York and the island of Penobscot Bay. She died in 1999 at the age of 71.
According to artnet.com, Drexler was an American painter “best known for her synthesis of Post-Impressionism and Abstract Expressionism in her depictions of landscapes. With precise yet expressionistic brushstrokes, a luminous palette and a sharp focus on composition.
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