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The sale focused on quality over quantity and the results proved the excellence of the offerings. Over 82 percent of the 129 lots offered were sold, for a total of $3.5 million.
MILFORD, Conn. - eMusicWire -- Shannon's achieved jaw-dropping results in their Spring Fine Art Auction held April 28th. The sale focused on quality over quantity and the results proved the excellence of the offerings. Over 82 percent of the 129 lots offered were sold, for a total of $3.5 million. Prices reported below include a 25 percent buyer's premium.
Shannon's once again achieved remarkable results for a collection of works by Charles Burchfield. Nighthawks and the Moon led the collection, and the sale, bringing $587,500 to a private family collection. Fires of Spring in Big Woods sold for $275,000, while Raindrops, May 1917, went for $156,250 to a private collector and first-time auction buyer.
There were numerous six-figure prices realized during the exciting and lively auction. The audience was not missed, as the bank of 20 telephone bidders, active internet participation and auctioneer, Peter Coccoluto, kept the energy level high.
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In addition to the Burchfields, other works on paper did extraordinarily well. Maurice Prendergast's Picnic, a mixed media on paper, sold for $187,500. A John Marin watercolor, titled Marin Island, Small Point, Maine Series No. 14, from 1928, sold for $131,250. And, an Andrew Wyeth watercolor, Gate Chain, with extensive provenance and exhibition history, sold for $112,500.
New world records were achieved for contemporary artists. A large composition, made from tooled and dyed leather, by Outsider artist, Winfred Rembert, titled Red Note Chain Gang (2007), more than doubled the auction high price, selling for $118,750. A still-life by Lennart Anderson, titled Still Life with Popcorn Maker I, set a new record high price at $87,500, surpassing a $20,000 record high set at Shannon's the previous fall.
The next auction will be an online fine art auction on June 23rd, followed by a fall auction and a catalog in October. Visit shannons.com for auction updates and to join the mailing list. Consignments at Shannon's are accepted year-round. To consign a single artwork or an entire collection, contact the gallery at info@shannons.com or call 203-877-1711. To learn more, visit www.shannons.com.
Shannon's once again achieved remarkable results for a collection of works by Charles Burchfield. Nighthawks and the Moon led the collection, and the sale, bringing $587,500 to a private family collection. Fires of Spring in Big Woods sold for $275,000, while Raindrops, May 1917, went for $156,250 to a private collector and first-time auction buyer.
There were numerous six-figure prices realized during the exciting and lively auction. The audience was not missed, as the bank of 20 telephone bidders, active internet participation and auctioneer, Peter Coccoluto, kept the energy level high.
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In addition to the Burchfields, other works on paper did extraordinarily well. Maurice Prendergast's Picnic, a mixed media on paper, sold for $187,500. A John Marin watercolor, titled Marin Island, Small Point, Maine Series No. 14, from 1928, sold for $131,250. And, an Andrew Wyeth watercolor, Gate Chain, with extensive provenance and exhibition history, sold for $112,500.
New world records were achieved for contemporary artists. A large composition, made from tooled and dyed leather, by Outsider artist, Winfred Rembert, titled Red Note Chain Gang (2007), more than doubled the auction high price, selling for $118,750. A still-life by Lennart Anderson, titled Still Life with Popcorn Maker I, set a new record high price at $87,500, surpassing a $20,000 record high set at Shannon's the previous fall.
The next auction will be an online fine art auction on June 23rd, followed by a fall auction and a catalog in October. Visit shannons.com for auction updates and to join the mailing list. Consignments at Shannon's are accepted year-round. To consign a single artwork or an entire collection, contact the gallery at info@shannons.com or call 203-877-1711. To learn more, visit www.shannons.com.
Source: Shannon's Fine Art Auctioneers
Filed Under: Arts
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