Heritage Modern & Contemporary Art Nets over $7.3M

Categories: Auctions & Prices|Published On: November 16, 2015|Views: 64|

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On November 14, 2015 Heritage hosted their Modern & Contemporary Art Auction, Part II, closing with over $7.3 million in sales, setting a new house record. The sale was led by Andy Warhol’s Campbell’s Soup Box (Chicken Rice), which realized $293,000. The piece finished at almost twice the presale estimate.

“We presented interesting works by today’s most sought-after artists. The results prove Heritage is a strong competitor in this market,” said Frank Hettig, Director of Modern & Contemporary Art at Heritage Auctions. “We have high expectations for next season and are excited to present collectors with some of the best work on the market.”

Heritage hosted their first Modern & Contemporary Art Auction earlier this season. Part I was held in New York, realizing more than $3.8 million on 21 lots. Part II, with mostly postwar art, including classics by Warhol, was held in Dallas and totaled $3.4 million.

Other Warhol pieces included Chanel (from Ads) which closed at $149,000, John Wayne (from Cowboys and Indians) ended at $106,250, Shows screenprint in colors with diamond dust totaled $100,000, and Rebel without a Cause (James Dean) (from Ads) reached $87,500.

Postwar art was led by Sleeping Figure (J-L-16-66) by Conrad Marca-Relli sold for $137,000, Xanor by Victor Vasarely brought $68,750, and Phenomena Spiral Cauldron by Paul Jenkins realized $68,750.

Other highlights were Forms in Space by Roy Lichtenstein which ended at $68,750, doubling expectations, The Greek Princess – 7 by Jules Olitski realized $57,500, Untitled (Eclissi) by Toshimatsu Imai ended at $52,500, Melancholy a sculpture by Jacques Lipshitz brought $50,000, and Tarasque a classic example of Pablo Picasso’s ceramic work sold for $50,000.

Heritage Modern & Contemporary Art Nets over $7.3M

Categories: Auctions & Prices|Published On: November 16, 2015|Views: 64|

Share:

On November 14, 2015 Heritage hosted their Modern & Contemporary Art Auction, Part II, closing with over $7.3 million in sales, setting a new house record. The sale was led by Andy Warhol’s Campbell’s Soup Box (Chicken Rice), which realized $293,000. The piece finished at almost twice the presale estimate.

“We presented interesting works by today’s most sought-after artists. The results prove Heritage is a strong competitor in this market,” said Frank Hettig, Director of Modern & Contemporary Art at Heritage Auctions. “We have high expectations for next season and are excited to present collectors with some of the best work on the market.”

Heritage hosted their first Modern & Contemporary Art Auction earlier this season. Part I was held in New York, realizing more than $3.8 million on 21 lots. Part II, with mostly postwar art, including classics by Warhol, was held in Dallas and totaled $3.4 million.

Other Warhol pieces included Chanel (from Ads) which closed at $149,000, John Wayne (from Cowboys and Indians) ended at $106,250, Shows screenprint in colors with diamond dust totaled $100,000, and Rebel without a Cause (James Dean) (from Ads) reached $87,500.

Postwar art was led by Sleeping Figure (J-L-16-66) by Conrad Marca-Relli sold for $137,000, Xanor by Victor Vasarely brought $68,750, and Phenomena Spiral Cauldron by Paul Jenkins realized $68,750.

Other highlights were Forms in Space by Roy Lichtenstein which ended at $68,750, doubling expectations, The Greek Princess – 7 by Jules Olitski realized $57,500, Untitled (Eclissi) by Toshimatsu Imai ended at $52,500, Melancholy a sculpture by Jacques Lipshitz brought $50,000, and Tarasque a classic example of Pablo Picasso’s ceramic work sold for $50,000.