On May 11-12, Brunk Auctions held their second premier auction of Spring 2018. Over 1100 lots sold for a total of $1.84 million, above a presale estimate of $1,116,000 - $1,829,900. Modern works and jewelry excelled, with exceptional results for objects from the Estate of Elizabeth Dunn Clark of Springfield Farm in Middleburg, Virginia.
A large Sol LeWitt gouache, entitled Wavy Brushstrokes, was the top lot in the May sale at Brunk Auctions. The 66 x 66 in. work, made in 1995, was consigned from a New York Corporate Collection. The painting was subject to competitive bidding from several phone bidders and sold for $276,000, above a $100,000 - $200,000 presale estimate. From the same collection, Stars by Sol LeWitt, from an edition of fifteen, sold for $13,200 to an institutional bidder against a pre-sale estimate of $6,000 - $9,000.
Other modern and contemporary works stood out in the sale, including a Wayne Thiebaud color etching entitled Park Place. Estimated at $10,000 - $15,000, it sold for $19,680 to an internet bidder on Bidsquare. A sand-carved glass sculpture by contemporary artist Preston Singletary entitled Raven Steals the Sun sold for $15,600.
55/121 lots of fine and rare jewelry sold above pre-sale estimates for a total of $269,557. The top jewelry lot in the auction was an Art Deco Platinum & Diamond Bracelet from the Estate of Elizabeth Dunn Clark. Estimated at $8,000 - $12,000, it sold for $27,060 to a Bidsquare bidder. Also from the Estate of Elizabeth Dunn Clark was a Platinum Diamond Ring selling for $16,800. 91/91 lots of jewelry from Mrs. Clark’s estate sold at auction.
Other objects from The Estate of Elizabeth Dunn Clark proved to be a hit with bidders as well. Mrs. Clark’s single-owner 1964 Chevrolet Corvette sold for $90,000 to a local bidder amid heavy interest online and over the phone. Ralla, a bronze sculpture by Herbert Haseltine, sold for $108,000 to an institutional bidder bidding by telephone. A cast of this bronze is also held in the Whitney Museum of Art. In total, Mrs. Clark’s estate brought $765,099 at auction. Pre-sale estimates for the estate were $461,900 - $732,700. Proceeds from her residual estate will benefit the University of Pennsylvania School of Veterinary Medicine and the Morris Animal Foundation.
Overall, 91.4% of lots sold at auction over two sessions. All prices listed include applicable premiums. Brunk Auctions is also proud to announce a $3,000 matching donation to MANNA FoodBank as a charitable initiative for the May sale, which can provide as many as 21,000 meals to hungry families. Brunk Auctions will hold their next catalog auction on July 12-14.
PO Box 2135
Asheville, North Carolina
About Brunk Auctions
Founded by Robert Brunk in 1983, the auctions became well known for their integrity and professionalism. Bob brought to bear his experience as an anthropologist, writer and professional woodworker, an unmistakable combination of skills that continue to illuminate catalog entries and elucidate auction-goers. Bob is now a valued consultant and continues as auctioneer. Andrew Brunk joined his father in 2005. His curatorial experience has brought additional focus on research and connoisseurship. His experience as the head of the American furniture department at one of the world’s largest auction houses has allowed us to continually align ourselves with the best in the business – in terms of expertise and exceptional client service.