In the collection of Emily Fischer Landau, a major Pico from 1932 (year of his exhibition at the Tate Modern in London), Woman with watch, now estimated at more than $120 million. ANDREW H. WALKER/Getty Images via AFP, Courtesy Sotheby’s
Sotheby’s won the sale, on November 8 and 9 in New York, of the estate of the famous philanthropist. A fabulous Pico from 1932 will be sold.
There is no doubt that the major auction houses have been eyeing the legacy of Emily Fisher Landau since her death on March 27 in Palm Beach, Florida, at the age of 102. It was Sotheby’s which took away the fortune of the New Yorker converted to art, after the spectacular theft in 1969 of her mountain of jewels. Including a 39-carat blue-white diamond solitaire – received from her husband, Martin Fischer, a real estate developer king, in his apartment at the Imperial House on the Upper East Side, built by the Fisher Brothers Company.
Everything was well insured by Lloyd’s. This allowed him to collect insurance and join the small circle of extremely wealthy amateurs, by creating an art center in his name in a former parachute factory in Long Island City, Queens. She exhibited her trophies there, more than 1,200 works, from 1991 to 2017. Philanthropy obliges in the United States, in 2010, she made a donation of nearly 400 works, with a value of between 50 and 75 million dollars…
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