Wassily Kandinsky, ‘Composition No. 26,’ sold for $454,000. Image courtesy of Leslie Hindman Auctioneers.
The highlight of the sale was Wassily Kandinsky’s Composition No. 26 from the estate of John and Valere Butterwick, which sold for $454,000 (est. $300,000-$500,000).
Russian buyers competed aggressively for works sold to benefit the acquisition fund of the Nasher Museum of Art at Duke University, with Natalya Nesterova’s The Dragon Flies selling for $23,180 (est. $800-$1,200). Other contemporary highlights include Victor Vasarely’s Photon B, which achieved $24,400 (est. $8,000-$12,000) and Ibram Lassaw’s Apsaras, which achieved $29,280 (est. $12,000-$18,000).
The American auction session was headlined by Reginald Marsh’s Spooks, from the collection of Majorie and Charles Benton, which realized $85,400. Bidders fought over two Hudson River School paintings from the estate of Chicago collector H.M. Barbour, with an Alexander Helwig Wyant selling for $31,720 (est. $3,000-$5,000) and a Homer Dodge Martin luminist work achieving $21,180 (est. $8,000-$12,000).
European Impressionist paintings performed well, with Gustave Loiseau’s Champ de blé selling for $85,400 (est. $30,000-$50,000) and Pierre Eugene Montezin’s Les Cygnes achieving $36,600 (est. $30,000-$50,000). Jacques Martin-Ferrieres’ Old Port of Marseilles with Notre Dame de la Garde realized $36,600, the second highest price for the artist at auction.
The prints session saw steady bidding, with Francis Bacon’s Study for Bullfighter No. 1 selling for $54,900 (est. $35,000-$45,000). Andy Warhol continues to be in demand with his Mao achieving $32,240 (est. $20,000-$30,000), Flash Series achieving $34,720 and Flowers $12,000 (est. $8,000- $12,000). Other highlights include Joan Miro’s Le Matador, which achieved $36,600 (est. $20,000-$30,000) and Henri de Toulouse-Lautrec’s Divan Japonais, which achieved $20,740 (est. $10,000-$15,000).
Leslie Hindman Auctioneers’ next auction of Modern and Contemporary Art, and American and European Art will be on Dec. 11, and Fine Prints, Photographs and Multiples on Dec. 12. Consignments are invited; contact Hindman at 312-280-1212 for information.
Click here to view the fully illustrated catalog for this sale, complete with prices realized.
ADDITIONAL LOTS OF NOTE
Reginald Marsh, ‘Spooks,’ sold for $85,400. Image courtesy of Leslie Hindman Auctioneers.
Natalya Nesterova, ‘The Dragon Flies,’ sold for $23,180. Image courtesy of Leslie Hindman Auctioneers.
Frances Bacon, ‘Study for Bullfighter No. 1,’ sold for $54,900. Image courtesy of Leslie Hindman Auctioneers.
Gustave Loiseau, ‘Champ de blé,’ sold for $85,400. Image courtesy of Leslie Hindman Auctioneers.
