Amy Cappellazzo, an expert in post-war and contemporary American art and a deputy chair at Christie's International, the world's largest auction house, will talk about the world of art collecting on Sunday, April 17, in Bentonville.
Crystal Bridges Museum of American Art, whose founder Alice Walton knows a thing or two about buying American art at auction, is sponsoring the talk, at 2 p.m. at the Old High Middle School Auditorium at 406 NW 2nd St.
Antique News writes that Cappellazzo "played a crucial role in the historic Christie’s sale in May 2004 which was the first ever Post-War and Contemporary auction to break the $100 million [mark], and she has been successfully co-leading the department since, culminating in the evening sale in May 2007 which totaled nearly $400 million."
Walton was bidding at Christie's auctions in 2004; it was in the "Important American Paintings and Sculpture" auction that year that she bought Charles Willson Peale's portrait of George Washington for $6.1 million. But did she bid at the Post-War and Contemporary auction that same month? Given what we think we know about her early collecting, maybe not. It was in that sale that a Pollock work on paper sold for a record $11 million.
From the CBMA press release:
“The beauty of art is that it evokes differing responses from every viewer,” said Don Bacigalupi, Crystal Bridges Museum of American Art executive director. “Amy Cappellazzo’s deep appreciation of those responses, along with her extensive knowledge of art history and the market, is why she is one of the best in linking great works with collectors. She can provide a new perspective on the art of art collecting — and the international market as a whole.”