Seller of Unseen Post Cover by Legendary Illustrator Will Return Most of Proceeds to Original Owner’s Family
Heritage Auctions sells J.C. Leyendecker’s New Year’s Baby Hitching to War for $275,000
DALLAS, Texas (June 3, 2020) – It was meant to be Joseph Christian Leyendecker’s final cover for The Saturday Evening Post – the illustrator’s iconic New Year’s Baby, dressed only in a diaper and a soldier’s garrison cap, thumbing his way to the front as World War II raged on. But the 1943 painting never made its way to the magazine – or to the public’s view.
Not until Heritage Auctions’ American Art event on Wednesday.
The entirety of the sale realized more than $6 million. And the fact that New Year’s Baby Hitching to War sold for $275,000 – or more than 4.5 times its pre-auction estimate – should not surprise; nor that it merited a spirited round of bidding from clients online and over the phone; nor that this was the fifth-highest price paid for a J.C. Leyendecker work. After all, it was done by the hand of the man whose red, rotund Santa Claus became one of the 20th century’s most enduring images.
What grabs attention here is what will become of the proceeds from its sale: Most of the money made will be returned to the family that originally owned New Year’s Baby Hitching to War. Its consignor, a man named Chadd Wilkinson, will keep but a fraction of a fraction of the money made.
Wilkinson was long ago gifted the piece by the family of E. Huber Ulrich, chairman and CEO of Curtis Publishing Co., The Saturday Evening Post’s parent. He had the family’s blessing to sell New Year’s Baby Hitching to War, which the Post had rejected in 1943 because editors feared it would break the heart of mothers sending their sons off to war.
On Wednesday, Wilkinson and Ulrich’s granddaughter Linda gathered around the computer to watch the online auction.
And, he said, “that was extremely exciting,” especially as bidders fought over Leyendecker’s work, driving it from an opening bid of $82,500 to its final sale price of more than a quarter of a million dollars. “We never thought it would go that high.”
When it sold, Wilkinson said, Linda began to cry.
“She has just lost her mother a month or so ago,” he said. “She remembered it hanging in the house,” as though it were a member of the family.
Which is why, in the end, Wilkinson did not believe he could pocket the sale’s proceeds.
The morning after the sale, Wilkinson did the extraordinary: He emailed Heritage and said, “I want the majority to go back to the family.”
Which is precisely what will happen.
“It’s exceedingly rare for a consignor to defer such a substantial amount of money,” said Heritage Auctions’ Senior Vice President Ed Jaster.
Said Wilkinson, “This is truly an experience I’ll never forget.”
Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world’s largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.
Heritage also enjoys the highest Online traffic and dollar volume of any auction house on earth (source: SimilarWeb and Hiscox Report). The Internet’s most popular auction-house website, HA.com, has more than 1,250,000 registered bidder-members and searchable free archives of five million past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit.