Swann Auction Galleries' African-American Fine Art Sale 2323 (Point of Departure: Postwar African-American Fine Art) on October 3, 2013 brought in $1,735,690 with buyer’s premium, exceeding its pre-sale low estimate ($1,504,000) for Sale 2323 as a whole. Of the 149 lots that were offered at auction, 111 sold (74%
sell-through rate by lot). According to Nigel Freeman, Director of African-American Fine Art at Swann Galleries, “We are very pleased to set a
new artist record for Norman Lewis at auction. This important work—previously
unrecorded—far surpassed the prior record (also set at Swann, in October 2008)
of $312,000. We also saw strong prices for abstract artists including Frank
Bowling and Al Loving.”
Four artist records were set in Point of Departure: Postwar African-American Fine Art, Sale 2323. Those lots are highlighted in this post.
Norman Lewis, Untitled Image: Swann Auction Galleries |
Frank Bowling, Karters Choice Image: Swann Auction Galleries |
Mavis Pusey, Nuvae Image: Swann Auction Galleries |
Robert Blackburn, Refugees Image: Swann Auction Galleries |
The Norman Lewis (Lot 22) and Frank Bowling (Lot 84) pieces featured earlier were among my personal favorites. Adding to those favorites were the Elizabeth Catlett, Head, terracotta sculpture, 1947 (Lot 31) which sold for $173,000 to an institution, and Sargent Claude Johnson, Dancer, varnished terracotta, circa 1938-40 (Lot 1) which sold above its low estimate for $37,500 to an institution. The biggest surprise among favorites was the unsold lot by Hale Woodruff, Gathering Storm (Blue Landscape), oil on linen canvas, circa 1958-60, that had an estimate of $60,000 - $90,000. Because this modernist canvas is an excellent example of Hale Woodruff's postwar painting, I thought that it would have been a museum purchase.
To view the final results from Sale 2323, visit: Swann Galleries catalogue.
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