It’s really shaping up to a banner month for the art market. Just weeks after solid results at the big fall sales, Sotheby’s posted a $27.6 million result at its American art sales today, with a fine 80.3 percent of lots finding buyers. Including premium, that result was good enough to beat the house’s high estimate of $24.2 million.
Nine of the top 10 lots surpassed their high estimates, with the top two lots by Georgia O’Keeffe. Her 1927 Autumn Leaf II, rich with all sorts of reds, oranges and burgundies, made $4.3 million on a $1.5 million to $2.5 million estimate, and her 1938 A White Camellia made $3.2 million against its $1.2 million to $1.8 million estimate.
A super beautiful Arthur Dove, Town Scraper (circa 1933), which shows a curvy tractor-like vehicle against an undulating rural landscape, sold for $1.2 million, almost exactly twice its high estimate. If the new owner of that work wants to bring a great deal of happiness into the life of an art-loving art writer, he or should can get in touch via the ‘tip box’ at the right.