DALLAS, TX.- Andy Warhols Moonwalk, 1987, direct from the private collection of moonwalker Buzz Aldrin, shattered its previous $111,873 record to sell for $173,000 following interest by 22 bidders in
Heritage Auctions $4+ million Modern & Contemporary Art Auction in Dallas May 30 in Dallas.
Fierce bidding on HA.com prior to the sale pushed Ed Ruschas 1983 classic 99% Angel, 1% Devilabove the high estimate prior to the live auction; and a dozen phone bidders drove the price to $341,000.
In some cases, single lots saw action by more than a dozen bidders each and nearly two dozen bidders for select works, said Frank Hettig, Director of Modern & Contemporary Art at Heritage Auctions. Bidders come to our Modern and Contemporary Art auctions with high expectations and we were thrilled to meet and exceed them this season.
The $4 million auction set numerous artist auction records such as David Michael Bates, as The Texas Queen, 1982, sold for $221,000 and surpassing the previous record by more than $114,000. Piero Dorazios Another Way, 1965, saw interest by 27 bidders who pushed the sale price to $149,000 against a $30,000-$50,000 estimate.
Toshimatsu Imais acclaimed abstract Untitled, 1962, was offered for the first time at public auction after spending its life in a private collection. The artwork sold for $161,000 against a $20,000-$30,000 estimate.
Additional highlights include, Andy Warhols Ingrid Bergman: With Hat, 1983, which realized $75,000 and Garbage Drawing #26, 1988, by Mike Kelley from a private California collection which hammered for $60,000, three times its estimate.