SOUTH KENSINGTON.- Christies
announced an unrivalled and never-to-be-repeated opportunity to acquire iconic London Underground posters direct from the archives of London Transport Museum (LTM). The auction, featuring over 300 original advertising posters dating from 1913 to 1955, will be held at Christies South Kensington saleroom on 4th October 2012. Fifty highlights from the Collection will be on public preview at Christies saleroom on 8 King Street, St. James during the Olympic period, from Monday, 16 July to Friday, 24 August 2012. Estimates for individual lots range from £800 to £15,000, with the Collection as a whole expected to realise in excess of £500,000. All lots to be offered at Christies are duplicate copies from the Collection, and all monies raised from the auction will be held in trust by LTM for dedicated use in connection with future acquisition, conservation and restoration.
Sam Mullins, Director of London Transport Museum, said, Having worked very closely with the Museums Association and TfL over many months to ensure that the LTM sale meets professional standards regarding the ethical disposal of collection items, we are excited to finally be able to announce this unrivalled opportunity for the public to purchase works from the archives of London Transport Museum. The complete LTM collection comprises over 40,500 posters and artworks, and offering this carefully curated duplicate selection will help us to sustain and care for the core collection for future generations.
Nicolette Tomkinson, Director, Christies commented, Christies is privileged to have been entrusted with the London Transport Museum sale of duplicates, featuring some of the most recognizable and sought-after designs in the history of vintage posters, in pristine condition. We hope that the King Street exhibition of highlights in July and August, as well as the full sale exhibition pre-sale, will provide insight into the often forgotten rich artistic past of the London Underground.
The longest art gallery in the world
London Transport Museum manages one of the greatest poster collections in the world, thanks largely to the vision and legacy of one man: Frank Pick (1878-1941). In 1908, Pick was given responsibility for promoting the services of the Underground Electric Railways of London (UERL).He initiated a modern, colourful, poster campaign to encourage off peak travel, which has been actively continued ever since.
In 1908, in an effort to increase passenger numbers, the six independent underground railway operators agreed to promote their services jointly as the Underground", publishing joint advertisements and creating a free publicity map of the network for the purpose. From the outset, the Underground commissioned the very best designers of the day to promote everything from off-peak travel, leisure trips, seasonal sales and sporting fixtures, to the reliability of the Tube itself. The designs proved hugely popular with the travelling public, who soon petitioned the Underground for copies they could purchase encouraged in part by exhibitions of Tube posters at London art galleries, the first of which was held in 1917 at the Mansard Gallery above Heals furniture store on Tottenham Court Road. Following a public demand, around 150 copies of each poster were available to purchase at the companys head office for between 2 and 5 shillings depending on the printing cost.
By the 1920s and 30s, the status of winning a commission with the Underground was such that the company had no problem in attracting the leading poster designers of the time such as Fred Taylor and Austin Cooper, together with well-known cutting edge modernists such as Man Ray, Laszlo Moholy-Nagy and Julius Klinger. Many other commercial artists also achieved their big break on the Undergrounds hoardings, including Edward McKnight Kauffer (probably the greatest poster designer working in inter-war Britain) as well as Edward Bawden, Tom Eckersley, David Gentleman, Abram Games and a host of other giants of twentieth century design. Fine artists, too, like Edward Wadsworth, Paul Nash and William Roberts were equally keen to see their work displayed on what was soon termed the longest art gallery in the world. This commitment to outstanding quality continues to the present day with Transport for Londons Art on the Underground commissioning programme.
The Vintage Poster Market
Christies has led the way in the market of Vintage Posters at auction, holding the first ever sale dedicated to the category in 1982. Typically, the tri-annual auctions held in the South Kensington saleroom offer examples from various owners across the genres of travel, sport and ski. Editions of the most important posters garner attention from institutions, and there are now several established dealers in the market, however, for the most part, Christies sales welcome private collectors. Due to the accessibility of the medium, in terms of aesthetic quality as well as price range, the works are often used as an appealing addition to home décor. Rarity and condition are the two main factors which indicate the value of each poster as they were not originally intended to be kept for any great length of time, those on the open market today were either rescued from a billboard before being pasted-over by the advertising companies, or were purchased as one of the limited editions released for sale at the time of printing. The Underground and its successor from 1933 - London Transport kept duplicate copies of most posters it produced, and it is from this collection of spares that the selection offered for sale is drawn.
Christies holds the world record price for a travel poster sold at auction, which was achieved in 2007 when Man Rays iconic design for London Transport, Keeps London Going sold for £50,400.