It was meant to be Joseph Christian Leyendeckers final cover for The Saturday Evening Post the illustrators iconic New Years Baby, dressed only in a diaper and a soldiers garrison cap, thumbing his way to the front as World War II raged on. But the 1943 painting never made its way to the magazine or to the publics view.
Not until Heritage Auctions
American Art event on Wednesday.
The entirety of the sale realized more than $6 million. And the fact that New Year's Baby Hitching to War sold for $275,000 or more than 4.5 times its pre-auction estimate should not surprise; nor that it merited a spirited round of bidding from clients online and over the phone; nor that this was the fifth-highest price paid for a J.C. Leyendecker work. After all, it was done by the hand of the man whose red, rotund Santa Claus became one of the 20th centurys most enduring images.
What grabs attention here is what will become of the proceeds from its sale: Most of the money made will be returned to the family that originally owned New Year's Baby Hitching to War. Its consignor, a man named Chadd Wilkinson, will keep but a fraction of a fraction of the money made.
Wilkinson was long ago gifted the piece by the family of E. Huber Ulrich, chairman and CEO of Curtis Publishing Co., The Saturday Evening Posts parent. He had the familys blessing to sell New Year's Baby Hitching to War, which the Post had rejected in 1943 because editors feared it would break the heart of mothers sending their sons off to war.
On Wednesday, Wilkinson and Ulrichs granddaughter Linda gathered around the computer to watch the online auction.
And, he said, that was extremely exciting, especially as bidders fought over Leyendeckers work, driving it from an opening bid of $82,500 to its final sale price of more than a quarter of a million dollars. We never thought it would go that high.
When it sold, Wilkinson said, Linda began to cry.
She has just lost her mother a month or so ago, he said. She remembered it hanging in the house, as though it were a member of the family.
Which is why, in the end, Wilkinson did not believe he could pocket the sales proceeds.
The morning after the sale, Wilkinson did the extraordinary: He emailed Heritage and said, I want the majority to go back to the family.
Which is precisely what will happen.
Its exceedingly rare for a consignor to defer such a substantial amount of money, said Heritage Auctions Senior Vice President Ed Jaster.
Said Wilkinson, This is truly an experience Ill never forget.