How to build a US$60m art trove while staying within your means
Heinz and Ruthe Eppler, on the advice of a museum curator, bought the best works they could afford. Their art collection tells a new story about American abstraction
New York
WHEN Heinz and Ruthe Eppler began buying modern art in the late 1970s, the rookie collectors took the advice of a local museum curator: Buy the best works you can afford.
It turned out to be a good investment strategy. A group of 27 paintings, sculptures, and works on paper owned by the couple is expected to sell at Christie's in November for more than US$60 million; the Epplers paid a fraction of that assembling the collection. It's one of the largest by value in the next round of bellwether art auctions in New York. The highlights, works by Pablo Picasso, Willem de Kooning, and Franz Kline, went on view in Hong Kong on Thursday.
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