NGL, I had not given much thought to Ron Perelman’s $410 million lawsuit over his five most heavily insured paintings; it just seemed like a scam, and he seemed broke and desperate, which, after years of being an aggressive asshole, kind of tied everything up with a karmic bow, no further inquiry needed.
But then Cultured’s John Vincler posted a court filing of a bonkers condition report on insta for one of Perelman’s two Warhols, 21 Elvises (1962), and I had to know more.
Thankfully, unlike federal court documents, the New York State Supreme Court e-filings are free, and now I have almost 500mb of depositions and exhibits. And I’m surprised even as I type this, to find myself at least a little sympathetic towards Perelman—who just lost, ofc. Perelman had paid exorbitantly for years for extravagant and permissive insurance coverage, including regularly negotiated replacement values for a specific group of artworks. And when a devastating fire and its aftermath affected these works—exposing them to water, heat, violent fluctuations in humidity and climate, and frantic movement—and his conservator scientists filed their findings that though the damage was not immediately visible, the artworks had been damaged, the insurance companies said nope, we’re not paying. So on that transactional front, at least, I think Perelman was wronged.
OK, I’m over it. He can manage, and he keeps or sells the art as he wants. The point here is, check out these wild condition reports. They really do feel dire, until you get into them and find most of the anomalies are by the artist, or old, or fine, and seemingly almost nothing is attributable to the fire. [I know, the absence of evidence is not evidence of absence, but a deluge of data is not evidence, either.]
The full condition reports, with detailed analytical text and scientific findings are filed multiple times for each artwork, including some that were actually damaged or lost. But this first document is a filing with just all five of these condition report diagrams, by Perelman’s conservator Sandra Amman. [They were actually in the filing twice, so I deleted the dupes, because I’m hosting this pdf myself. Similarly, I deleted dupes of the fax sent back and forth in the next one.]
The second one is the best of the earlier, hand-drawn condition reports made in 1997 by Joseph Levene. I just love the 21 smiling Elvises, and the amount of inpainting and staining this work had as it entered Perelman’s collection. Partly, this shows, I think, Warhol’s care in touching up his screenprinted paintings. It also shows how this painting, which came from Fred Hughes, had kind of a rough life. Perelman’s guy calls all his works masterpieces, because Perelman only buys masterpieces, but these five paintings—two early Warhols, two early Ruschas, and a Twombly—are fine. Would you run into a burning house to save one? No. But would you carry one out the next morning and load it into the art handler’s truck for triage? We already have that answer.