Gustave Loiseau steals the show at Hindman European Art auction
The First Art Newspaper on the Net    Established in 1996 Sunday, July 21, 2024

Gustave Loiseau steals the show at Hindman European Art auction
Gustave Loiseau (French, 1865-1935), Le quai du Pothuis à Pontoise, 1905. Price Realized: $201,600.

CHICAGO, IL.- Gustave Loiseau and Charles Amable Lenoir led Hindman’s European Art auction last week, with competitive bidding driving both lots to significantly exceed their estimates. Loiseau’s 1905 Le quai du Pothuis à Pontoise soared past its $80,000-120,000 estimate to realize $201,600, while Charles Amable Lenoir’s 1902 life-size Pandora doubled its high estimate, selling for $176,400 and setting a new world auction record for the artist. Overall, the auction realized $1,488,690, and 40 percent of buyers were new to Hindman.

The Loiseau and Lenoir paintings were highlights from the impressive Indianapolis estate, Linden House, built by collector, businesswoman, and philanthropist Christel DeHaan.

“We were delighted by the international attention the auction received,” commented Madalina Lazen, Director & Senior Specialist of European Art. “The Linden House collection provided exquisite, fresh-to-the-market material that attracted spirited bidding from new collectors around the world, highlighting the continued appetite for paintings of top quality.”

Top lots of the auction also included:

• Lot 69 | Vũ Cao Đàm (French/Vietnamese, 1908–2000), L'anneau de jade, 1978 | Price Realized: $100,800 (Estimate: $50,000 - 70,000)

• Lot 60 | Bernard Buffet (French, 1928–1999), Rue de village, 1997 | Price Realized: $97,020 (Estimate: $60,000 - 80,000)

• Lot 55 | Gerard Dillon (Irish, 1916–1971),Turn Your Money | Price Realized: $81,900 (Estimate: $20,000 - 30,000)

• Lot 58 | Jean Dufy (French, 1888–1964), La moissonneuse-batteuse, c. 1948-50 | Price Realized: $75,600 (Estimate: $70,000 - 100,000)

• Lot 70 | Lê Phổ (French/Vietnamese, 1907–2001), Fleurs | Price Realized: $63,000 (Estimate: $20,000 - 30,000)

• Lot 48 | Louis Marcoussis (French, 1883–1941), Nature morte aux trois poissons, 1925 | Price Realized: $53,550 (Estimate: $40,000 - 60,000)

• Lot 26 | Louis Valtat (French, 1869-1952), Vase d'anémones, 1905 | Price Realized: $40,950 (Estimate: $15,000 - 20,000)

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