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The fine art of benefaction.

Quadrant

| June 01, 2008 | Anderson, Patricia | COPYRIGHT 2008 Quadrant Magazine Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

THE MENTION of a signal art work, and the precipitous price paid for it in the same breath, inevitably diminishes our intuitive response to it. As the writer Jeanette Winterson once briskly put it: "The viewer does not see the colours on the canvas, he sees the colour of the money." Nonetheless, money, and exceptionally large amounts of it, are necessary to this story.

On December 5, 2007, a limestone figure from the very dawn of civilisation was sold at auction by Sotheby's in New York. This diminutive item, known as the Guennol Lioness, was acquired in the late 1940s by Alastair Bradley Martin and his wife Edith--committed collectors of master works from ...

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