Description
Recommend approval to designate the following pieces of statuary as surplus inventory to be made available for sale to the public with net proceeds being allocated for cemetery monument conservation/maintenance.
1 – Marble Corinthian Capital, Italian 17th century
1 – Marble Sarcophagus, Roman, 2nd – 3rd century
1 – Marble bust of unidentified Roman male, Roman, 3rd century
1 – Marble bust of unidentified Roman male, Roman, 3rd century
1 – Marble bust of unidentified Roman youth, Roman, 3rd century
1 – Marble bust of unidentified male, Roman, 3rd century
1 pair – Marble double rams-head pedestals, Italian, 15th – 16th century
1 group – Marble columns with bases, Italian, 18th – 19th century
The City of Savannah acquired several pieces of ancient statuary when it purchased the Greenwich Cemetery in 1937. An appraisal of these pieces was performed in 2012 for insurance purposes and the value of the pieces was reported at $393,500. Current market value is expected to be higher. The City has other pieces in better condition which are on display at the Telfair Museum. The museum pieces are not being proposed for sale.
If Council declares these items surplus and available for sale, then staff will solicit proposals from fine arts brokers regarding value and brokerage costs. Any cost of sale will be deducted from the sale proceeds, so there will be no negative fiscal impact.
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