Tom Lowenstein's collection covered in new book - Art Collector

Accounting for taste: the Lowensteins Arts Management Collection, by Professor Sasha Grishin. Courtesy: the author and Macmillan Art Publishing, Melbourne

18 December 2013 | The art collection of Tom Lowenstein, accountant and adviser to artists, has been detailed in a new book authored by professor Sasha Grishin.

Accounting for Taste features 260 works from the Lowensteins Arts Management Collection by 137 artists including Charles Blackman, Arthur Boyd, Bill Henson, Robert Klippel, Margaret Olley, John Olsen, Ben Quilty, Sally Smart, Tim Storrier, Imants Tillers, Aida Tomescu, Danila Vassilieff, Jenny Watson and Brett Whiteley.

Grishin described the collection as a remarkable one that "tells one particular story of the development of recent art in this country.” The book was officially launched by actor and Lowenstein client Jack Thompson at a well attended function held at Mossgreen Gallery in Armadale, Melbourne.

L-R: Jack Thompson, Tom Lowenstein and Sasha Grishin at the book launch at Mossgreen Gallery, Melbourne

A small extract of the book is below:

"For many a person the experience of a money losing venture is enough to discourage them from pursuing the advocacy of art any further, for Tom Lowenstein it was the beginning of a lifelong addiction. An amateur shrink could speculate that he himself was a frustrated artist, whose quick mind for figures and migrant experience plunged him into a business at which he excelled, but which did little to satisfy his intellect and his spiritual needs. It quickly became apparent to him that he enjoyed much more the company of artists than the company of business clients and that he could be very useful in looking after artists’ financial and taxation matters and the art which they made gave him great pleasure and soon became objects of desire in his growing art collection ... For Tom Lowenstein the collecting of art is inextricably linked with a broader lifestyle dimension where Sylvia and himself are involved in the lives of the artists as well as their art and finances.”

Accounting for taste: the Lowensteins Arts Management Collection is written by professor Sasha Grishin and published by Macmillan Arts Publishing.

Alexandra Djurichkovic

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