Los Angeles Modern Auctions sets new records with robust fall auction
The First Art Newspaper on the Net    Established in 1996 Tuesday, November 5, 2024


Los Angeles Modern Auctions sets new records with robust fall auction
Jean-Michel Basquiat, Untitled. Lot 107. Est. $150,000-200,000. Realized $468,750.



LOS ANGELES, CA.- Los Angeles Modern Auctions held its first live auction since the Covid-19 outbreak on Sunday, October 18, 2020, debuting an internet-broadcast live auction format. Of the 213 lots on offer, 154 sold, and the auction exceeded pre-auction expectations by realizing $1.9M. The headlining lot, an untitled 1987 Jean-Michel Basquiat work on paper from the collection of American screenwriter Becky Johnston, realized more than twice its high estimate for a selling price of $468,750. Other high-selling lots included John Baldessari's 1963 canvas White X Sign, a turn-of-the-century Henry Moret seascape, the 1973 preparatory work Jeziory (Sketch) by Frank Stella, and Roy Lichtenstein's Modern Head Relief.

Among the significant lots sold, several original and editioned works surpassed previous records and expectations. Reflecting LAMA's dedication to Post-WWII California artists, an untitled 1985 monoprint by Charles Arnoldi achieved the highest price for a print by the artist at auction, realizing $31,250. A pair of whimsical and ingenious Frank Gehry “Wiggle” chairs broke the auction record for the design, more than quadrupling their high estimate with a selling price of $13,750. A new auction record was established for color field painter Paul Allen Reed when the 1966 canvas, Upstart XXXVI, realized $27,500.

“We had a great offering of works not often found on the West Coast, and our results show that our collectors come to us for more than just the Southern California artists and designers that we know and love, but really the full gamut of what the modern and contemporary market has to offer,” noted LAMA Fine Art Specialist Clo Pazera.

LAMA looks forward to holding its next Modern Art & Design Auction in Winter 20/21, date forthcoming.

TOP TEN LOTS:

1. Jean-Michel Basquiat, Untitled. Lot 107. Est. $150,000-200,000. Realized $468,750.

2. Henry Moret, Rochers de Goulphar. Lot 55. Est. $70,000-90,000. Realized $131,250.

3. John Baldessari, White X Sign. Lot 82. Est. $80,000-120,000. Realized $118,750.




4. Frank Stella, Jeziory (Sketch). Lot 17. Est. $48,000-65,000. Realized $93,750.

5. Alexander Calder, Nautilus and Sea Flower. Lot 62. Est. $40,000-60,000. Realized $65,625.

6. Karl Benjamin, Laguna Seascape II. Lot 73. Est. $30,000-50,000. Realized $37,500.

7. Roy Lichtenstein, Modern Head Relief. Lot 99. Est.: $25,000-35,000. Realized $37,500.

8. Sorel Etrog, La Streta. Lot 178. Est. $30,000-50,000. Realized $34,375.

9. Charles Arnoldi, Untitled. Lot 1. Est. $8,000-12,000. Realized $31,250.

10. Larry Bell. DCF #40 (Double Curve Fade). Lot 132. Est. $20,000-30,000. Realized $30,000.

NEW AUCTION RECORDS:

1. For a print by the artist: Charles Arnoldi, Untitled. Lot 1. Est. $8,000-12,000. Realized $31,250.

2. For 20th Century design: Frank Gehry, Wiggle chairs (2). Lot 109. Est. $2,000-3,000. Realized $13,750.

3. For a painting by the artist: Paul Allen Reed, Upstart XXXVI. Lot 135. Est. $8,000-12,000. Realized $27,500.










Today's News

October 22, 2020

Finding Innovative Digital Solutions for Artists

Rare Brueghel the Younger painting sale in Belgium

Banksy take on Monet masterpiece sells for £7.6 million

Jacob Lawrence painting, missing for decades, is found by Met visitor

Doyle to auction Old Master Paintings & Drawings on October 28

Sotheby's offers Alberto Giacometti's monumental 'Grande Femme I' in special sealed bid private sale

2 broke artists started a bakery at home. It's a pandemic hit.

Flattened basketballs as art

Galerie Thaddaeus Ropac Paris exhibits two series of metal paintings by Robert Rauschenberg

Jazz pianist Keith Jarrett unlikely to perform again after strokes

Mysterious vandal attacks at Berlin museums

FENIX Museum for Migration acquires iconic relief: Les émigrants by Honoré Daumier

UK museums fight for survival as virus ravages sector

Asia's biggest film fest opens as a shadow of its usual self

Artist STIK to fund new wave of public sculpture in Hackney

The Foundling Museum stages first ever exhibition by fashion provocateur Jonny Banger

Iceland tourism prepares for a comeback

Exhibition offers a comprehensive overview of the work of Magnus Enckell

Ruth Falcon, soprano turned master teacher, dies at 77

Richard Tuttle represented by David Kordansky Gallery

Tornabuoni Art's new Paris gallery presents works by Italian pioneers of visual experimentation

Michal Chelbin joins ClampArt

Los Angeles Modern Auctions sets new records with robust fall auction

Holabird Western Americana Collections will host a huge 5-day sale

7 Benefits of 3D Art for Kids

Pros and Cons of Selling a House During the Covid-19 Situation

An In-Depth Look into "Abstract: The Art of Design"

The Hidden Art Behind Persian Rugs

10 Things to know before Playing on an Online Casino

Medical cannabis

Play Online Casino With Regard To The Living




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
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Attorneys
Truck Accident Attorneys
Accident Attorneys
Holistic Dentist
Abogado de accidentes
สล็อต
สล็อตเว็บตรง

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. 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 Parroquia Natividad del Señor
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