T. Boone Pickens collection tops $20M at Christie’s

T. Boone Pickens collection

N.C. Wyeth (1882-1945), ‘Indian Love Call,’ oil on canvas mounted on plywood, 45 x 68 in. Estimate: $2 million-$3 million. Sold for $3,510,000. Christie’s image

NEW YORK – Christie’s landmark auction of Western American Art, The Legend of the West: Iconic Works from the T. Boone Pickens Collection totaled $20,423,750 and was 92% sold by lot and 97% sold by value. The top lot of Wednesday’s sale was N.C. Wyeth’s Indian Love Call, which sold for $3,510,000. View the fully illustrated catalog on LiveAuctioneers.

New world auction records were achieved for G. Harvey with his large-scale work, Boomtown Drifters, which realized $1,230,000, selling for more than twice its estimate of $300,000-500,000, as well as Herman Hansen with Attack on the Stagecoach, which sold for $125,000. The sale had four paintings that sold for more than $1 million.

T. Boone Pickens collection

G. Harvey (1933-2017), ‘Boomtown Drifters,’ oil on canvas, 42 x 60 in, painted in 1979. Estimate: $300,000-$500,000. Sold for $1,230,000. Christie’s image

The auction had bidding from four continents and 44% of lots sold exceeded their high estimates.

T. Boone Pickens collection

Herman Wendleborg Hansen (1854-1924), ‘Attack on the Stagecoach,’ oil on canvas laid down on board, 36 x 50 in, painted in 1908. Estimate: $80,000-$120,000. Sold for $125,000. Christie’s image

The sale began with competitive bidding from collectors on the phones and online as two pairs of multi-gem cufflinks inscribed with initials “T.B.P.” achieved $6,250, more than 10 times its high estimate, and the Rolex Day-Date President wristwatch that Pickens wore regularly since its purchase in 1964, the year he famously took the oil and gas company he founded, Mesa Petroleum, public, sold for $81,250, exceeding its estimate of $10,000-15,000.

“We’re thrilled with the strong results for our landmark sale of the T. Boone Pickens collection,” said  Tylee Abbott, head of sale. “We saw tremendous interest from around the world, from new and established clients alike, drawn by the remarkable range and high quality of Western American Art on offer.  The success of works spanning a century in the West speaks to Pickens’ connoisseurship and his continued legacy as an American icon.”

 

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