Oil heiress’s $150-million art collection could ease a market crunch

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Thanks to trepidation over online\u002Donly transactions, top\u002Dtier artworks are in short supply at auction

Marion, who inherited a Texas oil fortune built on a Texas ranching fortune, was president of Burnett Oil Company, Burnett Ranches, and the Burnett Foundation in Fort Worth, Texas.

Roughly 200 lots from Marion’s collection will be included multiple sales, Macaulay says. Eighteen of the top artworks will be featured in a standalone evening sale; the rest, including a standalone jewelry sale featuring a pair of emerald and diamond ear clips that carry a US$150,000 high estimate, will be spread across 2021.

 

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