Texas ranch heiress’ art collection going up for auction

<p>DALLAS &mdash; An art collection worth an estimated $150 million that belonged to the late Texas oil and ranching heiress Anne Marion is going up for auction this spring in New York.</p>
<p>Sotheby’s said Wednesday that Marion’s private collection includes works by Andy Warhol, Roy Lichtenstein and Franz Kline.</p>
<p>Marion, who founded the Georgia O’Keeffe Museum in Santa Fe, New Mexico, <a href="https://apnews.com/article/6c34cec3e88b16086b1652dd036a78ad">died last year</a> at the age of 81. Marion and her husband, John Marion, a former Sotheby’s chairman and auctioneer, established the museum in 1997.</p>
<p>Sotheby’s said three masterworks at the heart of the collection are expected to each sell for over $20 million. They are: Warhol’s “Elvis 2 Times,” Richard Diebenkorn’s “Ocean Park No. 40,” and Clyfford Still’s “PH-125 (1948-No. 1).”</p>
<p>Marion, the great-granddaughter of Capt. Samuel Burk Burnett, was the heiress to the historic Four Sixes Ranch in King County in West Texas. </p>
<p>Sotheby’s said the masterworks that formed her art collection were featured in her Fort Worth home, which was designed by architect I.M. Pei. </p>
<p>Sotheby’s said that a number of other works from her collection will be gifted to the Modern Art Museum of Fort Worth and the Kimbell Art Museum in Fort Worth. </p>