01-05-1962 Letter from Harvy H. Arnason to Frank Seiberling

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THE SOLOMON R. GUGGENHEIM MUSEUM 1071 Fi fth Avenue - New York 28, N. Y. - ENright 9-5110 Mr. Frank Seiberling Head, Department of Art State University of Iowa Iowa Ci ty, Iowa Dear Frank: January 5, 1962 I can assure you that Emmerich is not talking indis - criminately about the Polloc k. He and I are good friends and he thought that I might be interested. Please k eep me informed of developments and I shall be much interested in seein g some good color slides or photographs of the painting as you obtain them . In confidence, we are dis - cussing the possibility of se l ling the entire collecti on of older paintings at auction although our Trustees are much interested in the kind of trade you and I talked about . The difficulty in a trade is arriving at a fair evaluation of the paintings on both sides . Presumably, this would depend on what each of us could get on the open market at the present time. If our paintings are to be sold, the auction house would be most unhappy if we he ld out any of the mo re important examples, since these would help to develop the pri c es on the others . In the light of this fact, I would like to ask you whether you would be more interested in the po ssibility of a straight trade of paintings in terms of the example you s aw at our Mu s eum, or whether you would be interested in the possibility of an out- ri ght purchase if we could agree upon a I feel that it is Qmpo rtant for b oth of us that our talks be kept extremely confidential . Best personal wishes, HHA/bbb Sincerely yours , H. H. Arna s on Vice President for Art Adminis tration c 0 1. 62 Uepctr tan of Art

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01-05-1962 Letter from Harvy H. Arnason to Frank Seiberling

Transcript of 01-05-1962 Letter from Harvy H. Arnason to Frank Seiberling

Page 1: 01-05-1962 Letter from Harvy H. Arnason to Frank Seiberling

THE SOLOMON R. GUGGENHEIM MUSEUM

1071 Fifth Avenue - New York 28, N. Y. - ENright 9-5110

Mr. Frank Seiberling Head, Department of Art State University of Iowa Iowa Ci ty, Iowa

Dear Frank:

January 5, 1962

I can assure you that Andr~ Emmerich is not talking indis­criminately about the Pollock . He and I are good friends and he thought that I might be interested.

Please keep me informed of developments and I shall be much interested in seeing some good color slides or photographs of the painting as you obtain them. In confidence, we are dis ­cussing the possibility of sel ling the entire collection of older paintings at auction although our Trustees are much interested in the kind of trade you and I talked about . The difficulty in a trade is arriving at a fair evaluation of the paintings on both sides . Presumably, this would depend on what each of us could get on the open market at the present time.

If our paintings are to be sold, the auction house would be most unhappy if we held out any of the more important examples, since these would help to develop the prices on the others . In the light of this fact, I would like to ask you whether you would be more interested in the possibility of a straight trade of paintings in terms of the example you saw at our Museum, or whether you would be interested in the possibility of an out­right purchase if we could agree upon a pr~ce .

I feel that it is Qmportant for both of us that our talks be kept extremely confidential .

Best personal wishes,

HHA/bbb

Sincerely yours ,

~~~? H. H. Arnason Vice President for Art Administration

c 0 1. 62

Uepctr tan of Art