News-Antique.com - Dec 05,2008 - 1334 YORK AVENUE NEW YORK NY 10021
(212) 606 7000 F (212) 606 7107 WWW.SOTHEBYS.COM
Sale Results New York
Sale N08495 American Paintings, Drawings and Sculpture 03 DEC 08
Grand Total
(Including Buyer's
Premium):
$25,509,375 (£17,124,983) Exch Rate: 0.67
Sold by Lot: 59.8% Lots Offered: 184
Sold by Value: 57.5% Lots Sold/Unsold: 110 / 74
Lot Price (USD) Estimate (USD) Buyer
9 $2,658,500 (£1,784,707) $1,500,000 - 2,000,000 American Private
Francis A. Silva, Sunrise at Tappan Zee, 1874
**RECORD FOR THE ARTIST AT AUCTION**
53 $1,650,500 (£1,108,016) $1,500,000 - 2,500,000 American Private
Georgia O’Keeffe, Blue Wave Maine, 1926
50 $1,538,500 (£1,032,828) $1,500,000 - 2,500,000 American Private
Marsden Hartley, The Silence of High Noon, circa 1907-08
41 $1,538,500 (£1,032,828) $1,500,000 - 2,500,000 American Museum
Stuart Davis, Still Life with Map, New Mexico, 1923
139 $1,202,500 (£807,264) $400,000 - 600,000 American Museum
Robert Walter Weir, Greenwich Boat Club, 1833
**RECORD FOR THE ARTIST AT AUCTION**
37 $992,500 (£666,286) $700,000 - 900,000 American Private
John Marin, Movement in Brown with Sun, 1928
60 $962,500 (£646,147) $800,000 - 1,200,000 American Private
Georgia O’Keeffe, White Barn with Cart (White Barn No. 4)
101 $902,500 (£605,867) $800,000 - 1,200,000 Anonymous
Nicolai Fechin, Portrait of Duane, 1926
98 $872,500 (£585,728) $500,000 - 700,000 Anonymous
Nicolai Fechin, Nude Woman, 1923
40 $842,500 (£565,588) $700,000 - 900,000 American Private
Robert Henri, Young Buck of the Tesuque Pueblo, 1916
Specialist in Charge: Dara Mitchell Press Office Contact: Courtney King / Blair Hance 212 606 7176
Please note all prices include buyer's premium. Sale session totals are net aggregate figures plus premiums. Sotheby's buyer's premium is 25% of the hammer price on the first
$50,000, 20% of the hammer price up to and including $1,000,000, and 12% thereafter on each lot. **Estimates do not include buyer's premium**
Dara Mitchell, Executive Vice President and Director of the American Paintings Department, commented, “Today our sale
demonstrated that the American Paintings market is in a process of price recalibration. Interest was solid across the board,
but there was noticeable resistance to current price levels. The sale certainly confirms that we need to be nimble in adapting
to a continually changing economic climate.”
