25 Nov. 1941
To Knoedler’s. . . . And then marvel of marvels [dealer Charles] Henschel pulled out a big Winslow Homer “Eastern Point” [RSC means West Point, Prout’s Neck ]—Magnificent in the same class as the best in the Metropolitan $37,500—“15 minutes after the sunset” according to W. Homer himself in a letter—Lost for years—Sold by Roland K[noedler] in 1901 to a man who lived in a hotel—Subsequently sold by him to another & he to Henschel—Its price in 1901 was $3000 a big price at the time—F[rancine] as much impressed as I was—I reserved it!!!. . . .
[Later in the day] Knoedler’s—Saw “Eastern [West] Point” in the fading light—Truly a great picture!!!!
26 Nov. 1941
[At Knoedler’s] Saw the Winslow Homer “West Point” again with [dealers Carmen H.] Mesmore & [John J.] Cunningham—Henschel came in & I talked over the price $37,500—He said he had paid $28,000 for it & thought he deserved a good profit—I agreed & said I would take it—I had figured he had paid about 25,000 to $30,000 for it—He went on to say he had shown it to the Director of the Buffalo Museum & told him it was reserved—The director said “Well if it is not bought we would like to have next choice”—Henschel priced it to him at $40,000. Henschel will lie but it all may be true!!!!!!!
11 Apr. 1942
Walked to Durand-Ruel’s. . . . The Winslow Homer “West Point, Prout’s Neck” . . . [has] arrived from “Sundridge.” [Dealer Herbert] Elfers much struck by the Winslow Homer—“A Chef d’Oeuvre” he said, fine like the 3 fine ones in the Metropolitan—Elfers has taste for a work of art.