DALLAS, TX.- On December 10, the enduring power and popularity of Americas King of Pop Art was proved once again as iconic works by Andy Warhol led Heritages Modern & Contemporary Art Signature® Auction as well as its Prints & Multiples Signature® Auction. The one-day total for the two events resulted in $8,909,376.
First up: Heritages Modern & Contemporary Art event was defined by works from the artists who have shaped our Post-War cultural landscape, with an impressive number of works far exceeding their high estimates.
The top-selling lot, a 1973 painting from Warhols renowned Mao series, realized $3.65 million. This example of Warhols portrait of Mao Tse-tung is one of the most desirable from the late artists iconic portrait series of Chinas Chairman. Warhols decision in the early 70s to take on such a loaded subject marked his return to form, this time with a knowing impulse to turn our definition of celebrity, if not painting itself, into a challenge for an evolving art world that increasingly embraced the conceptual underpinnings of Warhols genius. The works provenance is undisputably stellar, having been in the collections of both longtime Warhol partner, acclaimed designer Jed Johnson, and later to Johnsons brother Jay Johnson and his partner Tom Cashin. As the critic and Warhol historian Blake Gopnik wrote for Heritage about this work and the series:
His Mao works might be just more riffs on cultural superstars, taking off from the Marilyns and Jackies and Elvises of the early 1960s. The Maos are that, of course the Chairman was certainly an international celebrity, with a face at least as well-known as any actors but they also bear important witness to Warhols deep engagement with the particular artistic moment he was in.
Says Ed Beardsley, Heritages Vice President and Managing Director of Fine & Decorative Arts, We were so pleased to offer Warhols acrylic and silkscreen Mao. While previewing this iconic piece by 20th-century Pop Art superstar Andy Warhol, it was rewarding to connect with collectors in London, Beverly Hills, New York and Dallas one of the advantages of our multi-city previews.
Other stellar performers in the auction included a 1956 Léonard Tsuguharu Foujita oil on canvas titled Bouquet de roses dans un vase blanc et bleu, which sold for$218,750 and a 2007 steel work by Warhols fellow Pop iconRobert Indiana titled Prem (Hindi Love), which brought $187,500.
An impressive number of works in this tightly curated event far exceeded their estimates, some many times over, and made for an especially satisfying day at the block as more than 500 bidders shaped the high energy throughout the days first event: An untitled sculpture by Leonardo Drew sold for $162,500 against an estimate of $40,000-60,000; an untitled 1997 work by Helen Frankenthaler saw $106,250 (estimate $40,000-60,000); a 1986 painting by Emmi Whitehorse sold for $87,500 (estimate $10,000-15,000); a 1988 painting by Paul George Laffoley, Jr. titled The Solitron brought $57,500 (estimate $8,000-12,000). A 1960 painting, Sea Form no. 8 by Hawaiian artist Tadashi Sato, realized $106,250 (against a high estimate of $30,000), and a 1976 painting by Alfredo Castaneda, titled No, hammered at $87,500 (its high estimate was also $30,000).
Continuing this trend and signaling end-of-year collector enthusiasm in the category were two strong results for paintings by George Rodrigue; while both had high estimates at $30,000, his She's Got a Ring Around My Neck, 1998, sold for $68,750 and his Ill Come Again, 1999, sold for $50,000. A 2021 painting by Hunt Slonem, Pink Ascension Dianthus, sold for $32,500, more than double its high estimate.
Not an hour after the Modern & Contemporary event wrapped, Heritage opened its Prints & Multiples Signature® Auction and once again, the man Lou Reed dubbed Drella dominated the afternoon, along with his fellow travelers in Pop Arts upper strata. The auction totaled $2,530,938 and drew nearly 700 bidders.
Warhols editioned works saw excellent results starting with his phenomenal complete portfolio of four screenprints, Muhammad Ali, from 1978.This significant portrait set capturing the worlds most legendary athlete sold for $237,500. And Warhols momentum via his portraits in this event did not end there: Warhols John Wayne, from his 1986 Cowboys and Indians series, realized $137,500, and his 1975 portrait of the Rolling Stones Mick Jagger sold for $106,250. His Absolute Vodka lithograph from 1985 realized $62,500, well above its $16,000 high estimate.
Americas evolution is charted by its greatest artists, and an iconic editioned work by living legend Ed Ruscha that depicts a Standard Oil-owned mid-century gas station (still extant in Amarillo, Texas on the old Route 66) was the top-selling lot in the auction. The museum-worthy screenprint Double Standard, from 1969, sold for $343,750. And Frank Stellas etching Talladega Three II, from Circuits, 1982, sold for $93,750. Another lot that sailed far past expectations came from Ruscha: His lithograph Cities, from his 1982 World Series, doubled its high estimate.
Warhols younger friend and downtown collaborator, the beloved Keith Haring, had a handful of career-defining editioned works in this auction, and his Pop Shop II (complete portfolio, four works), created in 1988, sold for $87,500. Harings Untitled (Print Four), from Pop Shop IV, 1989, sold for $42,500.
"The results from our December 10 auctions are a testament to the enduring brilliance and cultural resonance of the artists who defined and redefined the Modern Art landscape,"says Frank Hettig, Heritages Vice President of Modern & Contemporary Art."From Warhol's commanding Mao painting to Ed Ruscha's iconic Double Standard, these works embody the stories, ideas and cultural shifts that continue to shape our world. The incredible enthusiasm from collectors worldwide speaks not only to the artistic legacy of these visionaries but also to Heritages unparalleled ability to connect these masterpieces with passionate audiences."