New House, New Collection! Marc Jacobs is ready to say good-bye to his beautiful contemporary art collection studded with names such as John Currin, Urs Fischer, Elizabeth Peyton, Karen Kilimnik, Ed Ruscha, Richard Prince and Mike Kelley, just to name a few. Indeed, the ex-stylist of Louis Vuitton will sell part of his huge collection during the Sotheby's New York auction on 14 - 15 November 2019.
During an interesting interview with Amy Cappellazzo (Executive Vice President Sotheby's New York) the stylist declared the reasons that led him break away from these works. First of all, Jacobs will soon move to his new house designed by Frank Lloyd Wright in Rye, New York City:
When you move into a Frank Lloyd Wright house, there isn’t a lot of wall space and you can’t hang a lot of paintings".
$500,000–700,000. Photo by Victoria Stevens. Courtesy Sotheby's New York
Photo by Victoria Stevens. Courtesy Sotheby's New York
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So, a part of his Greenwich Village townhouse's collection will be sold during the November auction, while on December 12th there will be another auction (online-only) dedicated to design works from Jacobs' Paris apartment. Earlier this year, the designer and his husband, Char Defrancesco, bought a home in Rye, New York, and Jacobs put his three-bedroom West Village townhouse on the market in April for $15.9 million (since then the price has dropped to $14.5 million). Even before that, Jacobs has already begun to sell off his art as well. But is not just for this reason:
I love what Steve Martin says, that these things are not mine – I am a custodian for them. There’s also just the logistics – when you move into a Frank Lloyd Wright house, there isn’t a lot of wall space and you can’t hang a lot of paintings. As much as I will have a difficult time parting with them, I just felt it’s time to give myself this window to start again.
Marc Jacobs is an American stylist famous for his own brand. During the eighties in New York he had a chance to make important relationships with artists as Jean-Michel Basquiat and Francesco Clemente, but he started buying art around 2000, after visiting a solo show of Mike Kelley at Whitney. Another important aspect regarding his collection was the period spent in Paris. The stylist moved to the French Capital in 1997, when he became Louis Vuitton's art director. Inspiring by previously dialogue between fashion and art as the case of Chanel with Picasso, or Elsa Schiaparelli with Jean Cocteau, Jacobs started to invite other creative people as Takashi Murakami, Richard Prince, Yayoi Kusama to work for the French fashion house: "My work at Vuitton contributed directly to me interacting with artists."
During the March contemporary evening auction at Sotheby’s London, Jacobs began to deprive himself of works including Basquiat’s Soothsayer for £759,000 ($1 million), Jeff Koons’s Yorkshire Terriers for £855,000 ($1.26 million), and David Hockney’s The Salesman for £350,000 ($460,000). For the November art auctions, Jacobs is ready for the next level by offloading more than 150 works at the Impressionist and Modern art day sale, the fine jewels auction, and the contemporary art day and evening sales, as well as several online auctions. (Artnet)
Read the full interview between Amy Cappellazzo and Marc Jacobs: "MARC JACOBS: A COLLECTION FOR ALL SEASONS"
Cover image: Marc Jacobs home. Photo by Victoria Stevens. Courtesy Sotheby's New York
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