BEVERLY HILLS, CA.- While the summer months are traditionally the slowest for art sales,
Carlyle wrapped up its best auction season ever.
Carlyle Auctions, which specializes in selling fine art, exclusively through online auctions, sold to bidders in over 35 countries, at prices ranging from $200 to $400,000, across the complete spectrum of art - from Old Masters and 19th Century to Modern and Contemporary - setting record prices for several artists.
What sets Carlyle part from other auction houses, is that Carlyle runs its auctions completely online, without traditional auctioneers or floor bidders.
With its recent successful auction season, Carlyle is proving that it can get top prices for consignors, matching and often outperforming traditional auction houses, and even specialty themed auctions.
The key for Carlyle Auctions success, according to CEO Jack Marks, is innovative and aggressive online marketing which reaches non-traditional buyers, in addition to the broader collector market worldwide. Simply put - we are able to get paintings in front of high volumes of qualified buyers. Another advantage is our smaller size - we may only have 150 lots in an auction - which means that good paintings get more attention, than they would in larger traditional auctions, which are usually twice the size.
Key highlights of Carlyles summer auction season:
Carlyles June 16 auction set a new record price of $6,875 for a painting by 1960s African-American artist Dan Concholar (which exceeded prices achieved by Swann Galleries, the current market leader in African American art, with annual themed auctions ). Dan Concholar was a key player in the Los Angeles art scene of the late 1960s, and has been featured in several museum shows recently. Carlyles June 16 auction also featured paintings by African American artists Palmer Hayden and Ellis Wilson, which all sold at the high estimates.
After frenzied bidding on multiple online consoles, a Johann Berthelsen Snowy Day painting, of the Empire State Building, sold for $4,375 (above its $2,000-3,000 estimate), in the same June 16 auction to a midwestern collector - almost DOUBLE what comparable paintings by the artist sell for in East Coast auction houses (in peak season).
A painting by renowned Filipino artist Romeo Tabuena painting sold for $7,680 to a buyer in the Philippines, in Carlyles July 28 auction. Notably, Carlyle achieved a higher sale price than Christies New York, that same week for a larger painting by Tabuena.
A mid-Century painting by French/South African female surrealist painter Claude Bouscharain, achieved $3,300 when it sold in Carlyles June 16 auction, above its $1,000-2,000 estimate. After multiple bids on 3 consoles including LiveAuctioneers.com, and BidSquare.com the painting sold to a South African dealer. The same painting had been sold for just $200 in 2010 at Philip Weiss auctions in New York.
One of the most anticipated paintings in Carlyles June auction was an early California Impressionist painting of Laguna Beach circa 1910, with an estimate of $5,000-8,000. The un-signed painting in a Stanford White style period frame, was the subject of great interest by collectors and dealers across the country. The mystery painting received numerous bids on multiple auction consoles, before selling to a top California dealer for $8,125.
Another standout in Carlyles summer auction season was a Robert Rauschenberg painting with estimate of $350,000-400,000. While online auction bidding did not meet the reserve price, the painting had multiple offers immediately post-auction, and sold for $400,000 (including premium) in late July to a European buyer. Carlyle CEO Jack Marks, noted that the consignors were pleased, because the price was in-line with what a comparable work by the artist would have achieved at a Christies or Sothebys contemporary (day sale) auction - in peak season.
Carlyles next auction is scheduled for September 25, 2016, and will feature almost 200 lots of fresh to the market fine art ranging from Old Masters to Mid-Century Modern and Contemporary. One of the highlight of this auction will be a selection of wildlife paintings, of cheetahs, leopards and elephants by important international artists.