Americana Week Tops $47 Million in Auction Sales

Carl Clemens Moritz Rungius (1869-1959), In the Cedar Swamp, Oil on canvas, 36 by 42 inches, Estimate: $150,000-$250,000.
Carl Clemens Moritz Rungius (1869-1959), In the Cedar Swamp, Oil on canvas, 36 by 42 inches, Estimate: $150,000-$250,000. Sold for $241,500 at Copley Fine Art Auctions' Winter Sale 2012.
(Copley Fine Art Auctions)
Keno Auctions sold the Drake Family Carved and Painted Joined Chest for $632,400, a world auction record for a 17th century joined chest.
Keno Auctions sold the Drake Family Carved and Painted Joined Chest $632,400, a world auction record for a 17th century joined chest.

Nearly $47 million was spent on American art and antiques at five auction houses during Americana Week in New York. About 2,000 lots were offered in sales from January 16 to 22 during the focused series of events that includes a host of related antiques fairs, gallery shows, and museum exhibitions.

Five highlights from the sales:

In its annual Winter Sale, Boston-based Stephen B. O'Brien's firm Copley Fine Art Auctions delivered notable results for sporting art, decoys, and American paintings, including $241,500 for Carl Rungius's In The Cedar Swamp, from an estimate of $150,000-250,000.

Keno Auctions set a few new world record auction prices, among them, a Seventeenth Century carved and joined chest attributed to the Deacon John Moore of Windsor, Conn., which descended in one family, fetched $632,400 (est. $100,000-150,000). The sale totalled $2,626,000.

Fine American and European furniture and decorative arts brought $1,744,231 on January 19 at Bonhams, followed by important maritime paintings and decorative arts which grossed $717,438, boosted by James Buttersworth's 1875 oil depicition of the yachts Dauntless and Mohawk racing, which achieved $170,500.

A various owner sale at Christie's tallied $8,720,500 and The Collection of Mr. and Mrs. Joseph K. Ott brought $3,748,750. Of note, a signed John Townsend of Newport, R.I., block and shell carved mahogany documents cabinet, deaccessioned by the Chipstone Foundation, went to dealer G.W. Samaha for $3,442,500.

Samaha drove sales at Sotheby's, too. Among his purchases was a Newport high chest of drawers made by John Townsend for $3,554,500 (est. $2/3 million).

The results overall were not solely estimate-busters. Several marquee lots failed to find buyers, some fell below estimates, and others performed at an expected level such as a complete edition of John James Audubon's "The Birds of America" which garnered a respectable $7,922,500 at Christie's one-lot sale on Jan. 20, not quite achieving the record $11.5 million price that this American masterpiece made in 2010.

One more auction at Christie's on January 24, featuring the Peter H. Frelinghuysen Jr. Collection of Chinese Export porcelain, saw a large Hong Bowl, circa 1785, more than doubled its low estimate to fetch $104,500.

Read more about the sales in Laura Beach's report.

 

 

More News Feed Headlines

Bild mit weissen Linien by Wassily Kandinsky

Kandinsky Works Break Artist Record Twice in London Sale

  • June 22, 2017 16:50

Bloomberg reports: Wassily Kandinsky's 1913 canvas “Bild mit Weissen Linien (Painting With White ...

Read More

The Amon Carter Museum of American Art presents The Polaroid Project: At the Intersection of Art and Technology, through Sept.  3.  Mark Klett (b.  1952) Contemplating the view at Muley Point, Utah 1994, 1994.  Polaroid Type 55 negative.

ARTFIXdaily Closed for Maintenance, June 5-9

  • June 04, 2017 22:34

ARTFIXdaily will be closed for maintenance from June 5 to 9. E-newsletter service resumes on ...

Read More

Renoir, La Maison d’Essoyes (1906).  Private Collection.

Restored Renoir Home Will Open to the Public in June

  • May 24, 2017 14:38

A family home of French Impressionist Pierre-Auguste Renoir will open to the public on June 3 ...

Read More

Military man and his daughter looking at art at San Antonio Museum of Art, in the program Blue Star Museums, a collaboration among the National Endowment for the Arts, Blue Star Families, the Department of Defense, and more than 2,000 museums across America to offer free admission to the nation’s service members.

Trump's Official Budget Proposal Eliminates NEA

  • May 23, 2017 15:16

Similar to a "blueprint" set forth in March, President Donald Trump's official 2018 budget ...

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

 

ArtfixDaily Artwire