VAN NUYS, CA.- Los Angeles Modern Auctions
set multiple world records for works of art and design in its May 19, 2013 auction, selling major works by California artists to American, European, and Asian buyers. The auction broke world records for a work by Vija Celmins, the highest price achieved at auction for a work on canvas by the artist, and a work by Joe Goode, which set a new world auction record for any work by the artist. LAMA achieved a new company record for total sales, realizing $3.46 million and selling 120% of the 469 lots by value. Sundays auction firmly establishes LAMAs position as an international marketplace for Modern Art & Design.
Vija Celmins, Untitled (Knife and Dish) from 1964 (Lot 160 est. $300,000 500,000), set a world auction record for a work on canvas by the artist, achieving $587,500, and set a new company record for a single work. Untitled (from Vandalism Series), a mixed media work by Joe Goode, (Lot 231 est. $10,000 15,000), set a new auction record for the artist, soaring to $175,000, more than ten times its high estimate. Robert Rauschenbergs Prime Pump, from ROCI USA (Lot 392 est. $40,000 60,000) set a new record for the work, achieving $59,375. Additionally, a selection of five lots of Serge Mouille lighting totaled $108,750, including three Saturne wall appliques (Lot 122 est. $8,000 12,000) realizing $18,750, a record for this model.
Fine Art highlights include a group of four stellar paintings by Karl Benjamin, which brought $157,500; Billy Al Bengstons Count Dracula at the Chessboard (1960) exceeded pre-sale expectations and brought $46,875; and a painting by Larry Rivers, White Camel (1980), which brought $87,500. Additionally, prints and multiples saw strong prices, including an Ellsworth Kelly Yellow over Yellow (1964-65) that realized $15,000, and Robert Motherwells Black Mountain State II (Red) (1982-83) that achieved $9,375.
Design highlights include a Charles & Ray Eames free-standing kiosk (Lot 220 est. $20,000 30,000) custom designed for the IBM Pavilion at the 1964 New York Worlds Fair, which exceeded pre-sale estimates bringing $56,250; a Hans Wegner shell settee (Lot 410 est. $4,000 6,000) that set a new record for this model bringing $16,250; and a Friedhelm Bakalowits Mirakel ceiling lamp (Lot 460 est. $5,000 7,000) that set a new record for this design realizing $21,250. Additionally, two works by Greta Grossman, a pair of end tables (Lot 214 est. $4,000 6,000) brought $11,875 and cocktail table (Lot 215 est. $4,000 6,000) achieved $12,500, and a Sam Maloof rocking chair (Lot 158 est. $30,000 50,000) realized $43,750.
Peter Loughrey, Founder of LAMA: The painting by Vija Celmins, Untitled (Knife and Dish), is a great example of LAMAs success in entering the Fine Art auction arena. LAMA is consistently proving that it is a top resource for sellers by achieving record prices in a very competitive business.
Vija Celmins, Untitled (Knife and Dish) (1964) (Lot 160 est. $300,000 500,000) set new world auction record for a work on canvas by the artist, achieving $587,500
Joe Goode, Untitled (from Vandalism series) (1977) (Lot 231 est. $10,000 15,000), set a new auction record for the artist at $175,000
Larry Rivers, White Camel (1980) (Lot 330 est. $40,000 60,000) brought $87,500
Gottfried Helnwein, The Red Gun (2000) (Lot 293 est. $60,000 90,000) totaled $82,500
Karl Benjamin, Untitled (1955) (Lot 221 est. $20,000 30,000) fetched $71,875
Robert Rauschenberg, Prime Pump, from ROCI USA (1993) (Lot 392 est. $40,000 60,000) set a new auction record for the work at $59,375
Charles & Ray Eames, Freestanding Kiosk (1964) (Lot 220 est. $20,000 30,000) acheived $56,250
Paul Evans, Sculpture (executed 1965) (Lot 372 est. $20,000 30,000) realized $53,125
Billy Al Bengston, Count Dracula at the Chessboard (1960) (Lot 200 est. $15,000 20,000) exceeded pre-sale estimate, bringing $46,875