Danaë and the Infant Perseus, an original illustration in watercolor, ink, and wash on board by Arthur Rackham for the 1922 Hodder & Stoughton edition of Nathaniel Hawthorne's A Wonder Book for Girls and Boys.

Update: Arthur Rackham’s 1922 original illustration of Danaë and the Infant Perseus sold for $22,100.

What you see: Danaë and the Infant Perseus, an original illustration in watercolor, ink, and wash on board by Arthur Rackham for the 1922 Hodder & Stoughton edition of Nathaniel Hawthorne’s A Wonder Book for Girls and Boys. Swann Auction Galleries estimates it at $10,000 to $15,000.

Who was Arthur Rackham? He was regarded as a leader in the Golden Age of British book illustration, which spanned 1890 to the onset of World War I. He enlivened editions of Alice in Wonderland, Rip van WinkleGulliver’s Travels, a Midsummer Night’s Dream and more. He died in 1939 at the age of 71.

Who were Danaë and Perseus? In Greek mythology, Danaë was the daughter of Acrisius, King of Argos. When an oracle told the king that his grandson would kill him someday, he locked his childless only daughter in a tower to thwart the prophecy. Zeus upended the plan by sneaking in to Danaë’s cell in the form of a shower of gold (yes, you read that right) and getting her pregnant with little Perseus. The king loaded his daughter and tiny grandson into a wooden box and tossed it into the sea, hoping that nature would take care of them. It did, but not the way he wanted; the box came ashore on the island of Seriphos. Danaë eventually caught the eye of that island’s king, Polydectes. Perseus, now closer to being grown up, agreed to kill Medusa and bring back her head to get Polydectes to leave his poor mom alone. The oracle proved correct when Acrisius went to Larissa to watch a sports exhibition. Perseus was there to play, and did not know that his grandfather was in the audience. He accidentally took the old man out when a discus throw went awry and clocked him.

The expert: Christine von der Linn, specialist in art books and original illustration at Swann Auction Galleries.

How was Arthur Rackham chosen for this 1922 project? He was known to work on Greek and Norse mythology and had done his own book in 1913, Arthur Rackham’s Book of Pictures, which had a lot of mythology. He was chosen by the publisher [for the 1922 release] because it was well known that he could execute illustrations of Greek and Norse myths, and that was what the Nathaniel Hawthorne book was about.

How many illustrations did Arthur Rackham do for the Nathaniel Hawthorne book, and how many for the Danaë and Perseus story? Sixteen color plates in all, and two for the story. This illustration was just used last year as the cover for a 2015 reissue of Nathaniel Hawthorne’s A Wonder Book. Arthur Rackham’s Book of Pictures has a different picture [of this scene in the story] that’s more Rackhamesque in a way. In this image, he concentrates more on the waves, and them being swept out. It’s more threatening. In the 1913 version, you don’t see Perseus’s face. He’s nestled into her breast. They’re in the same simple wooden box, and there’s clouds and wind, but there’s no forboding stormy sky. And the other one doesn’t have as much color as this one.

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I saw a reference to Arthur Rackham having been influenced by Meiji woodblock prints. I couldn’t find more information than that before we spoke, but it made me feel less crazy when the waves in this illustration made me think of Hokusai’s The Great Wave. You don’t think of Rackham being influenced by Asian artists, but he was. He was the master of illustration in the time of three- and four-color printing. When he created an image for a book, the detail would often get lost in the four-color printing process. He’d often go back and re-ink pieces, and define the line very precisely. This image is Rackham, but it’s heavier and thicker than you’re used to seeing. If you cover Danaë and Perseus and just look at the left-hand side of the illustration, you’d think you’re looking at a Japanese woodcut.

Was Arthur Rackham prolific? He was one of the masters of the Golden Age of British illustration. He did a lot of magazine illustrations and job work before launching into his own deluxe editions. He dominated the Edwardian deluxe gift book market. His 1905 Rip Van Winkle cemented his reputation as a master illustrator.

How often do original Rackhams appear at auction? They come up with some frequency, and the prices are all over the place. The range in price depends on how well-known they are, and the amount of detail. A Wind in the Willows illustration sold last year in London for £52,500 ($70,700). It had all the hallmarks of a Rackham illustration, and it had the main characters in it as well. We sold one of his illustrations for A Christmas Carol–it was extremely popular and hotly contested at auction. It was Scrooge and the Ghost of Marley, and it sold for $32,500. The more iconic the image, the higher the price.

How did Danaë and the Infant Perseus come to you? This is from a private collection. It was purchased from a gallery in London several decades ago.

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What qualities does this Arthur Rackham image of Danaë and the Infant Perseus have that makes it desirable to collectors? You have a scene taking place in nature, where the subjects are vulnerable to nature. Danaë and Perseus have this sort of sweet, pre-Raphaelite look to their faces–innocent features, very expressive, and the light touches of color enhance their expressions. And the treatment of the fabric is very Rackham-esque. You can see the figures beneath the clothing and you can tell the elements have affected them. He also shows the simple craftsmanship of the box and the wood grain and at the same time, shows how sturdy but delicate the vessel is. It’s also in how he puts the two figures in the foreground and on the right. Your eye goes to their faces, but you see the ferocity of the storm. It’s about them, but it’s about fear, and about the episode they’re about to face.

I’m surprised the estimate is as low as $10,000 to $15,000. It’s a strong piece, but the Rackham market is a little soft right now. While we love Rackham and he’s one of the greats of illustration and he’s still considered a favorite, he’s not among the greats for new, young collectors.

Why will this Arthur Rackham illustration stick in your memory? It’s a haunting image. It’s beautiful and haunting at the same time. It’s from one of my favorite works by Rackham. I love his treatment of Norse and Greek myths. I feel very few illustrators have been able to grasp the excitement and the drama of those myths like Rackham did.

How to bid: Danaë and the Infant Perseus is lot 38 in the Illustration Art sale at Swann Auction Galleries on June 5, 2018.

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Christine von der Linn has appeared twice before on The Hot Bid, speaking about a Rockwell Kent-illustrated edition of Moby Dick and original Erté artwork for a 1933 Harper’s Bazaar cover.

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