In September 2008, we posted about the sale of a particularly nice Alan Dehmer photograph ("Low Country", pictured right) that we made to Michael Danoff. Mr. Danoff was the curator and buyer for the famed Neuberger Berman-Lehman Brothers Collection. This story focused on the fact that Lehman Brothers had declared bankruptcy and we were watching what was going to happen to the Company's extensive art collection (which Alan's piece was now a part of). Through contacts and news sources, we were assured the collection would remain intact.
Subsequently, we have seen the Lehman Brothers Collection dismantled and individual pieces sold at auction as part of the liquidation of assets.
On November 1, Freeman's Auctioneers held an auction of Modern & Contemporary Works of Art: Works from the Lehman Brothers Collection. Alan Dehmer's "Low Country" was Lot #261 in Sunday's auction. Of the total 401 lots offered, 397 were sold for a total of $2,557,595. I am happy to report that "Low Country" sold for more than its top estimated price (not many lots did).
Sad to see the Lehman Brothers Collection be sold off, but its nice to see that Alan's work has found a new home... and his prices are appreciating.