Collector Kathy Fuld Sells Drawings at Auction
Kathy Fuld, the art-collecting wife of Lehman Brothers Holdings Inc. Chief Executive Officer Richard Fuld, is selling a $20 million set of rare Abstract Expressionist drawings at a November auction, according to two art dealers.
The collector considers drawing as a primary art form.
Fuld is well known in the art world for her passion for works on paper.
One of the works, Newman's 1960 black-and-white ink-on-paper "Untitled'' is expected to fetch up to $2 million.
The drawings are mostly abstract and minimalist examples from the midcentury New York School of artists.
"Woman", graphite, charcoal, pastel and oil on paper by de Kooning.___________________________________________________________________