The First Art Newspaper on the Net   Established in 1996 United States Tuesday, December 11, 2018


Hammersely's "Home run" among several new world auction records set at LAMA
Cy Twombly, Note II (1967), (Lot 125, Est: $60,000-90,000). Realized: $112,500.


LOS ANGELES, CA.- Los Angeles Modern Auctions set a new world auction record for a painting by Frederick Hammersley on Sunday, February 25, 2018, after the artist’s 1967-68 oil on canvas, aptly named “Home run,” soared to sell for $200,000.

The continued popularity of Hammersley and his peers from the California Hard Edge school of abstract painters reveals that the market appeal has broadened to an international following. The top three bidders on “Home run” were all from outside California. The new record is exactly double the previous world auction record of $100,000, which had been set in 2015 (also at LAMA). As interest in California painters continues to attract worldwide attention, LAMA is quickly becoming the center of attention for these artists.

Peter Loughrey, founder of LAMA, states "we have always maintained that local sellers don't need to send their art to New York auctions anymore, but the smartest sellers in the world are now sending art to the California market.

Other records set at the auction were for prints and multiples. “Cheese Mold Standard with Olive” by Ed Ruscha, a screenprint from a 1969 edition of 150 sold for $106,250, which beat the old record of $87,500 set at Doyle’s auction in New York only 10 months ago. Two other Ruscha works, the etching “Jumping Fish” and screenprint “Main Street” also sold for more than ever before at auction.

The 1967 etching, “Note II,” by Cy Twombly brought a new auction record of $112,500, beating the previous high for the series of $81,250 at Christie’s in 2015.

Ad Reinhardt’s “Ten Screenprints by Ad Reinhardt,” a portfolio originally published by the Wadsworth Atheneum in 1966, set a new auction record of $23,750, besting the previous top price of $16,250 at Sotheby’s in 2014.

Roy Lichtenstein’s 1980 woodcut “American Indian Theme III” took the top recorded spot of $22,500 from Christie’s 2016 price of $20,000 for another example from the same series.

The entire auction was 78% sold by lot and 135% by presale estimated value. The total amount sold was $2.7 million.

Top Lots:

• Frederick Hammersley, Home run (1967-68), (Lot 169, Est: $50,000-70,000). Realized: $200,000

• Ed Ruscha, Cheese Mold Standard with Olive (1969), (Lot 46, Est: $50,000-70,000). Realized: $106,250

• Cy Twombly, Note II (1967), (Lot 125, Est: $60,000-90,000). Realized: $112,500

• Ad Reinhardt, Ten Screenprints by Ad Reinhardt (1966), (Lot 154, Est: $5,000-7,000). Realized: $23,750

• Roy Lichtenstein, American Indian Theme III (1980), (Lot 202, Est: $10,000-15,000). Realized: $22,500

As proven leaders in modern and contemporary California art and design, LAMA’s next auction will be held in the June 2018 auction.





Today's News

February 28, 2018

Palm Beach Modern Auctions to offer James Dean's "Rebel Without A Cause" jacket

Catholic 'fashion' items to be displayed in New York

Missing Monet returns home to Japan

Sotheby's to offer masterworks of Aboriginal art in London

German village votes to keep 'Hitler bell' as memorial

Exhibition of large-scale photographs by Taryn Simon opens at Gagosian Gallery

D. Wigmore Fine Art, Inc. opens exhibition of works by Paul Reed

Krannert Art Museum publishes World on the Horizon catalogue

Archive of photographer Fritz Henle comes to Texas

Exhibition of works by Bjarne Melgaard on view at Galerie Thaddaeus Ropac

Kunsthalle Wien opens first comprehensive retrospective in Europe dedicated to Ydessa Hendeles

Burning in Water presents works by Louise Bourgeois and Günther Förg

Lévy Gorvy opens exhibition of portraits by French artist Martial Raysse

Michael Werner Gallery opens an exhibition of works from the 1980s by Per Kirkeby

Hammersely's "Home run" among several new world auction records set at LAMA

Lobby Gallery of 499 Park Avenue exhibits paintings by New York artist Tadasky

34 visual artists chosen for major crime prevention program

Tribal and Native American artifacts in Helm Auction's internet-only sale, April 14th

Atlantic Center for the Arts Executive Director announced

A tribute to German Modern paintings and design is highlighted by Jason Jacques Gallery, at TEFAF, 2018

Ader Nordmann auction house will offer five rare drawings by Outsider artist Marcel Storr

Phillips to open a landmark exhibition of Lauren Adriana's jewels

The Noguchi Museum opens two exhibitions devoted to Isamu Noguchi's Akari light sculptures

Mayfair dealers Charles Ede to unveil rare 2nd-3rd century AD Roman ivory relief at TEFAF Maastricht

Most Popular Last Seven Days



1.- The Morgan receives a major Renoir drawing unseen for over 50 years

2.- Recording console built by Elvis Costello and used to record Stairway to Heaven stars at Bonhams sale

3.- On December 9, estate jewelry & more goes up for bid at Turner Auctions + Appraisals

4.- French museum chief hits back at call to return African art

5.- David Castillo Gallery to present works by a stellar group of artists at Art Basel Miami Beach

6.- Ancient Chinese painting auctioned for almost $60 million at Christie's Hong Kong

7.- Exploring the watery remains of France's sunken Roman port of Olbia

8.- Exhibition examines eroticism in paintings and drawings of the male and female nude

9.- Thieves nab Pierre-Auguste Renoir painting from Vienna auction house

10.- Israeli archaeologists unveil rare stone mask dating to the Neolithic



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez


Royalville Communications, Inc
produces:

ignaciovillarreal.org avemariasound.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful