Modern & Contemporary

Coming this Fall, Freeman's is pleased to announce that it has been appointed by Lehman Brothers Holdings Inc. (LBHI) and Alvarez & Marsal, LLC, the professional services firm overseeing LBHI's restructuring, to sell selected works from the distinguished Neuberger Berman and Lehman Brothers Corporate Art Collections*, subject to bankruptcy court approval.

After Lehman's acquisition in 2003 of Neuberger Berman, Lehman expanded its commitment to collecting fine art and embraced the enlightened vision of Roy Neuberger, who made contemporary art an integral part of the workplace for decades.

More than 250 works from the London, Philadelphia, Chicago, Los Angeles, and San Francisco offices will be included in the Modern and Contemporary Art auction scheduled for Sunday, November 7, 2010 in Philadelphia. Among the works to be auctioned are examples by leading artist of the 20th century - Robert Mangold, Alex Katz, Sol Lewitt and Judy Pfaff as well as examples by artists whose work has become more internationally acclaimed over the last decade - Elliott Puckette, Vernon Fisher and Joyce Pensato.

Established in 2006, this is our fastest growing department in an exciting and quickly changing market. We hold two auctions a year, in May and November, with a closing date for consignments generally two months in advance.

Previous sales have included an eclectic but carefully selected mix of early, and mid 20th century masters, including Renoir, Picasso, Miro and Chagall, to more cutting edge contemporary artists, such as Sam Taylor-Wood, Gilbert & George, and Shirin Neshat.

Ecole de Paris, Surrealist and Postwar artists are well represented in the Modern & Contemporary sales, as are Pop artists, such as Warhol, Lichtenstein, and Wesselmann.

On the broader international front, we have had strong results for artists from two new major art markets, India and Russia. Latin American and African American artists are also frequently featured and are eagerly sought after.

Notable successes with sculpture have included works by Lipchitz, Noguchi, and the greatly in demand Harry Bertoia, each fetching six figure sums at Freeman's.

A strong component of the auctions has always been prints and multiples. Now, increasingly, Freeman's has featured photography by artists from Ansel Adams to Robert Mapplethorpe.

Freeman's is also pleased to promote established, mid-career, and emerging artists originally from the Philadelphia area, including Vincent Desiderio, Bo Bartlett, Bill Scott, Edna Andrade, and Warren Rohrer.