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    Louis H. Sullivan (American, 1856-1924)
    Important Stencil from the Face of the Main Trusses of the Chicago Stock Exchange Trading Room, 1893-1894, Adler & Sullivan
    Executed by Healy and Millet, Oil on canvas
    57-1/4 x 99-1/4 x 2 inches (145.4 x 252.1 x 5.1 cm)


    The Art Institute, Chicago;
    Acquired directly from the above

    Louis Sullivan holds a unique position in the history American architecture, not only for his accomplishments as a builder, but also for casting a long shadow of influence over many of the leading proponents of modernism, many through the figure of Frank Lloyd Wright whom he mentored early in his career.
    Among his major accomplishments were several buildings, most notably, the Chicago Stock Exchange, built in 1893 at a time when Chicago hosted the World's Fair and became known on a more international scale. Sullivan guided the overall design of the project, working with his business partner Dankmer Adler, and they created a masterpiece of intricate detail from the floor to the ceiling, following Sullivan's concept of organic ornamentation. The trading room of the Stock Exchange was a particularly significant space, and Sullivan conceived of oil painted stencils to line the walls in order to give depth of color and space through use of complex Celtic revival patterns.
    The building was demolished in the 1970s and many of the works were salvaged and are today represented in important public collections including the Metropolitan Museum of Art, New York, The Museum of Modern Art, New York, the Art Institute, Chicago and the Seattle Art Museum among others. The largest of the stencils in this sale was formerly in the collection of the Art Institute.
    Other works from the collection include works from other remarkable Sullivan and Adler buildings, though the focal point, are rare works from the Chicago Stock Exchange, their most important achievement.

    Condition Report*: Condition report available upon request.
    *Heritage Auctions strives to provide as much information as possible but encourages in-person inspection by bidders. Statements regarding the condition of objects are only for general guidance and should not be relied upon as complete statements of fact, and do not constitute a representation, warranty or assumption of liability by Heritage. Some condition issues may not be noted in the condition report but are apparent in the provided photos which are considered part of the condition report. Please note that we do not de-frame lots estimated at $1,000 or less and may not be able to provide additional details for lots valued under $500. Heritage does not guarantee the condition of frames and shall not be liable for any damage/scratches to frames, glass/acrylic coverings, original boxes, display accessories, or art that has slipped in frames. All lots are sold "AS IS" under the Terms & Conditions of Auction.

    Auction Info

    Auction Dates
    October, 2020
    13th Tuesday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 2,456

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    25% on the first $300,000 (minimum $49), plus 20% of any amount between $300,000 and $3,000,000, plus 12.5% of any amount over $3,000,000 per lot.

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