The First Art Newspaper on the Net Established in 1996 United States Saturday, August 30, 2014


Oil heirs discover old vases are million dollar czarist relics to be sold by the Dallas Auction Gallery
Two 4.5 foot Russian vases formerly belonging to Frank and Merle Buttram are shown. They will be auctioned in Texas on April 17. Source: Randy Buttram via Bloomberg.
DALLAS, TX (BLOOMBERG).- Two gigantic vases that stood in the foyer of a mansion outside Oklahoma City are heading to auction on April 17 after a surprising evaluation.

Visiting his grandparents as a child, Randy Buttram didn’t give the vases much thought.

“They were there all the time,” said Buttram, 66, in a recent telephone interview. “I had no clue about their historical value.”

Estimated at $1 million to $1.5 million, the 4.5-foot-tall vases will be sold by the Dallas Auction Gallery, whose experts traced them back to the Imperial Porcelain Factory in 19th- century St. Petersburg.

Like so many czarist relics and museum masterpieces, they were probably sold to western buyers by the nascent and needy Soviet government.

In the mid-1920s, the vases appeared at the Bernheimer Gallery in Munich. Buttram’s grandparents, who were touring in Europe, bought them and recorded the purchase in their travel diary.

Buttram’s grandfather, Frank Buttram, was a rags-to-riches oil magnate and founder of Buttram Energies Inc. Born in a log cabin on Oklahoma’s Indian Territory, he made his fortune before turning 30 and was one of five founding members of the Independent Petroleum Association of America. During World War II, he was tapped by President Franklin Roosevelt to serve on the Petroleum Industry War Council.

‘Big Deal’
Randy Buttram, a financial planner, and his brother, Preston, who is president of Buttram Energies, inherited the vases along with some other furnishings and art after the death of their mother in 2011.

The brothers contacted Scott Shuford, president of Dallas Auction Gallery, to appraise the estate. When Shuford opened one of the cardboard boxes, he recognized an imperial mark.

“I could not see the whole thing, but I knew the mark,” said Shuford. “I thought, ‘Oh my gosh! This is a big deal.’”

Ekaterina Khmelnitskaya, curator of porcelain at the State Hermitage Museum in St. Petersburg, examined the vases and confirmed their authenticity.

“The rediscovery of these two Imperial vases is very exciting, first and foremost because they are of extremely high quality and date from the reign of Nicholas I, the golden era of Russian porcelain production,” she said in a statement.

Too Big
The bandeau-shaped vases feature deep burgundy ground, gilded ornaments and handles shaped like acanthus scrolls. One vase is decorated with a copy of a painting titled “The Concert” by a 17th-century Dutch artist in the Hermitage collection.

“Based on archival records, we know that this painting was sent from the Hermitage to the Imperial Porcelain Factory in 1832 in order to make a copy on a vase,” said Khmelnitskaya.

While astonished by the history of the vases and their unexpected value, Randy Buttram said neither he nor his brother can accommodate them.

“We just don’t have space for these vases,” he said. “It’s fortunate we didn’t bump into them and knock them over.”



Today's News

February 27, 2013

Exhibition of paintings, sculptures and installations by Julio Le Parc opens at Palais de Tokyo

Foul-up on Afghan footage brings Tacita Dean back to blackboard in exhibition at Marian Goodman

The "Secret of Life' letter, written by DNA co-discoverer, to be sold at Christie's on April 10

"At War with the Obvious: Photographs by William Eggleston" opens at Metropolitan Museum

From a unique Gentileschi to a rediscovered Reynolds, the Weiss Gallery at TEFAF Maastricht

Oil heirs discover old vases are million dollar czarist relics to be sold by the Dallas Auction Gallery

Australian tycoon Clive Palmer unveils plan for new Titanic, plans to launch in 2016

Philadelphia Museum of Art appoints Dirk H. Breiding The J.J. Medveckis Associate Curator of Arms and Armor

The Question of Classicism: Jeu de Paume exhibits photographs by Laure Albin Guillot

Antique advertising and general store antiques line up for Morphy's March 30 auction

Color Rush at the Milwaukee Art Museum exposes color in American photography

Largest number of full armours to be offered at a London auction in a century

More than 30 international artists and collectives of the 5th Auckland Triennial announced

"Scratching the Surface: Contemporary Wood Sculpture" opens at The Craft and Folk Art Museum

Paris Chagall show bewitches with flying horses, brides

Solo exhibition by Syrian artist, Mohannad Orabi opens at Ayyam Gallery Jeddah

Spectacular sculptures by Contemporary Cambodian artist go on view at Met Museum

Roland Hick's lates works on view at Eleven in London

Art Show shake-up near Armory

Artsy raises $5 million as EarthLink founder Sky Dayton joins

Most Popular Last Seven Days



1.- Neanderthals and humans were both living in Europe for between 2,600 and 5,400 years

2.- First major exhibition to explore the historical legacy of African cultural astronomy opens at LACMA

3.- Carlo Mollino's idealized vision of the female form in new book published by Damiani/Crump

4.- Tate Britain displays works by Frank Auerbach from the collection of Lucian Freud

5.- In grave robber territory, locals abuzz over Alexander-era tomb; Largest of its kind ever discovered in Greece

6.- Lambert Collection opens an ambitious project housed at the Sainte-Anne Prison

7.- Centre for Contemporary Art Singapore announces the first 18 artists in the CCA Residencies progamme

8.- Historic Kings Theatre is transformed into major New York Performing Arts venue

9.- Thirteen's American Masters Series co-produces new documentary about photographer Dorothea Lange

10.- Sotheby's New York to offer 548 Edward Weston photographs as a single lot this September



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher: Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez - Marketing: Carla Gutiérrez
Special Contributor: Liz Gangemi - Special Advisor: Carlos Amador
Contributing Editor: Carolina Farias

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site