NEW YORK, NY.- The Thursday, January 30 sale of African-American Art from the Johnson Publishing Company at
Swann Galleries was an all-around success. The packed auction room saw all 87 lots find buyers, bringing $2.9 millionover twice the high-estimate for the auction29 new auction records were established, and 22 artists made their market debuts.
Nigel Freeman, director of Swann Galleriess African-American Fine Art department, remarked on the offering from the Ebony and Jet publishers: It was an honor and a thrill to close this chapter of the Johnson Publishing Companys illustrious history with a perfect sale of their works. The sale of the collection was the perfect storm of an auctiona prestigious name anchored with significant works by important artist, but with a wonderful new group of artists fresh to the secondary market, providing numerous opportunities for collectors.
Leading the sale was the earliest work in the collection, Henry Ossawa Tanners nocturnal oil on canvas Moonrise by Kasbah (Morocco), 1912, at $365,000. The high price for Tanner (second-highest at auction) was followed up closely by the most contemporary artist from the offering, Carrie Mae Weems. Weemss 1996-97 Chicago Public Art Program commission of seven framed panels with sandblasted text on glass garnered a new auction record for the important contemporary artist at $305,000.
Many of the works in the collection came from the 1970s. Highlights included Dindga McCannons 1970 oil on canvas The Last Farewell. McCannon was present in the auction room as her work made its market debut to a roar of applause, at $161,000. Kenneth Victor Youngs vibrant 1971 oil on canvas abstraction in greens and yellows Upper Egypt crossed the block at $87,500. Fresh off its exhibition at the Walker Art Center in Minneapolis, Francis A. Sprouts 1971 acrylic on canvas Azo garnered $50,000, an auction debut for Sprout.
A number of market mainstays saw new auction records: Richard Mayhew with Departure, oil on canvas, 2006, at $233,000; Walter H. Williamss White Butterfly, oil on canvas, 1969, at $125,000; and Bazar Du Quai, Port Au Prince, Haiti, oil on canvas, 1961, by Loïs Mailou Jones, at $75,000.
Elizabeth Catletts 1973 cast bronze sculpture Sister was won for $149,000. Additional highlights in sculpture featured Richmond Barthé, whose cast bronze bust The Negro Looks Ahead, 1944, brought $50,000.
An auctioneer can wait for an entire career to have a sale like Thursdays, but when it happens it is a transcendent feelinga validation of all our strength together, noted the houses President, Nicholas D. Lowry, who called the sale.
The next sale African-American Fine Art will be held on April 2.