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International Edition
May 24, 2012 Last Updated: 1:54:AM EDT

Polaroid Collection Hits the Block

Polaroid Collection Hits the Block

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Published: February 12, 2010

More than 1,200 photographs that were printed with the click of a button will be sold with the drop of a hammer this summer, Sotheby’s has announced. Working to pay off its creditors, the Polaroid Corporation will send its photography collection, which includes work by many of the century’s leading practitioners, to the block in June.

Though the entire collection is estimated at $7.5–11.5 million, many of the works carry relatively modest estimates. Andy Warhols portrait of a young Farrah Fawcett, for example, is estimated to fetch a mere $5–7,000, not a bad price, one might argue, for a unique photograph.

Other highlights in the sale include small portraits and landscapes by acclaimed American photographer Ansel Adams, estimated at between $5,000 and $9,000, as well as a larger, mural-sized gelatin silver print of a moonrise in New Mexico, which could be worth as much as $350,000 on the block.

The proposed auction has provoked uproar among some artists in Polaroid’s collection, who say that they had given the company photographs to use as promotional material, while still claiming title to the work. Last year, a bankruptcy judge ruled against those photographers, saying that the statute of limitations on claiming such work had expired.

To view lots from the sale, click the photo gallery at left.

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