eMusic Wire - Poster Auctions International's Rare Posters Auction #87, held July 12, grosses nearly .5 million

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A number of designs sparked a flurry of bidding, leading to sales that well exceeded the estimated prices. Rare Posters Auction LXXXVII saw continued enthusiasm for rare and never-before-seen lithographs from the Art Nouveau and Art Deco eras.

NEW YORK - eMusicWire -- Poster Auctions International's (PAI) second sale of the year, on July 12, finished at $2,487,120. Rare Posters Auction LXXXVII saw continued enthusiasm for rare and never-before-seen lithographs from the Art Nouveau and Art Deco eras.

Jack Rennert, President of PAI, said, "I am consistently delighted by the enthusiasm demonstrated by our consignors and bidders, especially at this time of instability in the world. It is always hard to predict how our sales will perform, but time and again, our fellow poster lovers help us break previous sales records and prove that the poster is as powerful a medium as ever."

A number of designs sparked a flurry of bidding, leading to sales that well exceeded the estimated prices. These include Marcello Dudovich's extremely rare ca. 1925 Michelin, which sold for $26,400 (est. $17,000-$20,000); Geo Ham's Monaco Grand Prix 1966, which earned $38,400 (est. $17,000-$20,000); and the anonymous ca. 1895 Cycles Gladiator, which broke pervious sales records for a total of $50,400 (est. $30,000-$40,000). James Ensor's 1898 Salon des Cent / Exposition James Ensor also wildly surpassed previous sales with a final win of $16,800 (est. $7,000-$9,000). Collectors also clamored to win the anonymous 1906 Buffalo Bill's Wild West / I Am Coming—not seen at auction since 1987—leading to a sale of $26,400 (est. $8,000-$10,000).

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All prices quoted include the buyer's premium.

An iconic image of the Belle Époque, Pierre Bonnard's 1891 France-Champagne inspired passionate bidding for a win of $48,000—a new sale record (est. $25,000-$30,000). Other hot Art Nouveau works included E. Charles Lucas' ca. 1894 Folies-Bergère / La Loïe Fuller, which inspired fervent bidding for a sale of $7,200 (est. $3,500-$4,000), and Lucien Métivet's 1894 Eugénie Buffet / A la Cigale : Maquette, which sold for $13,200 (est. $6,000-$8,000). And Drian's original painting, Female Golfer, fetched $9,000 (est. $3,000-$4,000).

Collectors continued to show passion for the works of Alphonse Mucha, achieving several new high record sales. His incredibly rare 1897 Fox-Land Jamaica Rum—one of only two copies—sold for $96,000 (est. $80,000-$100,000).

Poster Auctions International's next Rare Posters Auction will be November 13th. Consignments are accepted until August 15. Poster Auctions International is located at 26 W. 17th Street, New York, NY 10011. PAI may be reached at 212-787-4000, or via email at info@posterauctions.com. To learn more, visit www.posterauctions.co (http://www.posterauctions.com/)m.

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