NEW YORK – When art book publisher Harry N. Abrams died in 1979 the Abrams’ family collection was considered one of the most impressive private collections of 20th century art ever assembled. Phillips de Pury & Co. sold more than 300 original modern and contemporary works, prints and editions belonging to the Estate of Mrs. Harry N. Abrams for just over $6 million on Wednesday.
LiveAuctioneers, which provided Internet live bidding, facilitated the sale of 51 lots totaling $338,830.
Nearly 7,500 people viewed the LiveAuctioneers catalog, which resulted in 66,664 page views. There were 465 participants in the live bidding console. LiveAuctioneers accounted for 406 absentee bids placed and 5,886 live Internet bids, 83 of which were underbids. The sell-through rate by number of lots was 15.74 percent.
The top lot selling online was Jim Dine’s 1963 Four Palettes, a 48-inch-wide watercolor and tissue paper collage on paper. It brought $50,000 inclusive of the buyer’s premium.
Andy Warhol’s offset lithograph in colors of Liz, 1964, sold on the Internet for $42,500 inclusive of premium. The brightly colored portrait of film star Elizabeth Taylor, 22 inches by 22 inches, was from the edition of approximately 300 signed and dated copies. The print was published by Leo Castelli Gallery, New York.
Because Abrams became acquainted with many of the artists he published, some of the pieces were personally inscribed “To Harry and Nina” and acquired directly from the artists.
One such lot was a collotype of Norman Rockwell’s Dinner along with two color photographs of Norman and Molly Rockwell at their home. The collotype was signed and inscribed, “My dear friend, Harry Abrams. Molly and I and our whole family send you our gratitude and very best wishes. Cordially, Norman Rockwell.” The photographs were both inscribed, “Very best wishes to Harry and Nina, Sincerely Molly and Norman Rockwell” in ink. The lot, which was estimated to sell for $100-$200, sold online for a remarkable $25,000 inclusive of premium.
Ukrainian avant-garde artist David Burliuk’s Song of Harvest was the top lot of the day, selling for $422,500. He painted half of the top ten most profitable paintings at the sale. Robert Indiana’s red, black, blue and yellow Love canvas from 1966 sold for $215,000.
Founded in 1949, Harry N. Abrams Inc. was the first company in the United States to specialize in the creation and distribution of art and illustrated books. Harry Abrams retired in 1977. The company is now ABRAMS, a subsidiary of La Martinière Groupe.
Abrams began his career in advertising in 1928. He worked for Book of the Month Club beginning in 1936 and launched a greeting card company in 1946, which he eventually sold to Hallmark.
While Abrams and his wife, Nina, gained entrée into the New York art world of the 1940s and 1950s, she also enjoyed holding season tickets to the ballet and opera. She once commented, “I must admit I found his (Warhol’s) parties slightly dull.”
Mrs. Abrams died in 2008 at the age of 97.
Click here to view the fully illustrated catalog for this sale, complete with prices realized.
ADDITIONAL LOTS OF NOTE