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William Eggleston Sued By Art Collector After Auctioning-Off $5.9 Million in Re-Prints of Historic Images

Posted by Jt'Street Photography on 07/04/2012
Posted in: news. Tagged: Auction, Christie's, Industry News, Legal, William Eggleston, William Eggleston Sued By Art Collector After Auctioning-Off $5.9 Million in Re-Prints of Historic Images.

It has been almost a month since photographer William Eggleston’s 36 prints were auctioned off at Christie’s in New York City. At the beginning of February, we posted an article about the famed color photography contributor and stated that the auction was expected to take in more than $2.7 million in total auction revenue. Weeks have passed since the historic evening at the auction house and one New York art collector is not thrilled about the transactions that took place…

Earlier this week, Jonathan Sobel filed a lawsuit against Eggleston, claiming that artist’s choice in deciding to sell massive reproductions of some of his most celebrated snapshots has weakened the resale worth of the original photographs. Sobel owns one of the largest collections of the photographer’s works, valued at an estimated $5 million dollars, and has even donated some of the works to renowned art museums.

In addition, the unhappy gentleman is seeking unspecified damages and has asked the Manhattan federal court to bar the artist from printing any more of his photographs as over-sized prints. Eggleston’s lawyer has responded to the lawsuit by saying that Sobel’s lawsuit has no merit and that the artist’s desire to do what he pleases concerning his works falls within his artistic rights.

We will keep you updated as to the events that transpire from here on out…

Via: Wall Street Journal

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