Thursday, April 26, 2012

Strengthening Iraqi Relations with Martin Grelle's Art

Valley Guardian by Martin Grelle
I have to share a wonderful story.  A colonel from the U.S. Army came into the gallery while he was home from Iraq.  His name was Colonel Greg Adams.  He was slowly taking in all the tremendous art we had on the walls at the time.  Ok, so I'm a little bias, but I think the work we carry at Coeur d'Alene Galleries is tremendous.  Anyways, we started visiting and he was very taken with the quality of Martin Grelle's work.  Now, we've always carried both original works and limited edition giclees from Greenwich Workshop or Somerset Fine Art, and the colonel went on and on how he wished he could purchase one, but just couldn't justify it on his military salary.  There was one work in particular that caught his eye, and it was called The Valley Guardian by Martin Grelle.  It was a limited edition giclee, and the colonel was attracted to this specific painting because it reminded him of the valley he was in while he was in Iraq, and he thought it would be the perfect gift for an Iraqi general he had built a relationship with.  The Iraqi general was working with the U.S. to expel Al Qaeda operatives in his valley, and he always talked about seeing "the West" and having something that represented "the West."  Colonel Greg Adams thought this would be the perfect gift to help strengthen his relationship with Brigadier General Hatm and the rest of his tribe in Iraq.  I thought it was a great idea, so we worked out a deal and to my surprise, about a year later, Colonel Adams came by the gallery again and gave me a picture and said that General Hatm loved the painting, and was honored to have "a piece of the West."  I was really touched and I was glad I could be a small part of a wonderful story.  There are so many benefits to owning art, and I think this story confirms the significance of art and how it represents our culture and how sharing art is a peaceful way to share different cultures.  Who would have ever thought, that a small piece of art by a talented artist from Texas, purchased in Idaho, would make its way to Iraq to help strengthen our relationship with tribal leaders and generals of Iraq with the common goal to expel Al Qaeda operatives and promote overall safety for their people?  Below is the picture, and below the picture is what Colonel Adams sent me via email.  Every chance you get, thank our armed forces, because they fight for the freedoms we enjoy on a daily basis and sometimes take for granted.

Colonel Greg Adams and Brigadier General Hatm with Martin Grelle's Valley Guardian
Recently, Colonel Adams came into the gallery and reminded me of this great story, so I thought I would share what Colonel Adams sent me in an email after the exchange.

"Here is the photo of myself and then New Iraqi Army Brigadier General Hatm in January 2010 where I presented him with a painting from your gallery in Coeur d'Alene depicting a Native American warrior watching over his village. General Hatm is next in line to be his tribal chief and was very courageous leading his tribe to detect and extinguish Al Qaeda operatives from his region. He was deeply touched by the painting which helped forge a bond between our two countries. Thanks again for your support of our military and the great country where we live."

Colonel Greg Adams
U.S Army Reserves

No, THANK YOU, Colonel Adams!

Wednesday, April 25, 2012

Heritage Auctions: Western Signature Auction - Dallas

Joseph Sharp's Bawling Deer by Firelight
Heritage Auctions will be presenting their Western Signature Auction in Dallas, TX on May 5, 2012. The sale starts at 12:00pm central time.  While Heritage's Art of the American West Sale held in November of 2011 realized $2,280,248, that was in large part due to the world records set for a couple of William Leigh works, and it's going to be tough sledding for Heritage to match that number with this sale.  Heritage Auctions continues to try and grow their share of the competitive Western art auction market and are in good hands under the leadership of Kirsty Buchanan.  It's not a huge sale with 114 lots, but there are some nice feature works available.  The catalog cover piece is Bawling Deer by Firelight, circa 1930 by Joseph Sharp.  It's a nice 20 x 16 inch oil on canvas estimated $100,000-$120,000.  While the Sharp market has been pretty soft the last few years, it seems to be recovering.  A 17 x 14 inch oil by Sharp titled Taos Indian Hunter sold in Scottsdale last month for $103,500 after being estimated $60,000-$80,000 and I think it's a very comparable painting.  A 16 x 20 inch oil titled Campfire sold at Stuart Holman Auctioneer in October of 2011 for $149,500.  Ancient Songs measuring 16 x 20 inches sold last July at the Coeur d'Alene Art Auction for $152,100 and it was a real gem in my opinion.  Bawling Deer was one of Sharp's favorite models and has become a somewhat iconic figure in Sharp's work.

One painting that I personally like is Kathryn Leighton's Around the Fire measuring 36 x 44 inches.  It's estimate is $12,000-$16,000 which is a nice fair estimate.  While the figure on the right doesn't compare in quality to the figure on the left, it's a good size painting, and similar paintings have gone for as much as $33,000.  The most recent comparable was sold in 2008 by Bonhams in San Francisco for $20,400 that was the same size titled White Dog, Blackfeet.  Another comparable painting sold in 2006 for $17,920 and it also had two figures and was the same size.  Here's a nice biography if you want to read more about Kathryn Leighton.
Kathryn Leighton's Around the Fire

R. Brownel McGrew's Children of the Sun, 1989
Another painting to keep your eye on is R. Brownell McGrew's Children of the Sun, 1989.  It's a 36 x 66 inch oil estimated $100,000-$150,000.  McGrew's record is $962,500, and a recent comparable painting sold last September in Jackson for $258,750 and it was titled Going on a Visit.  "Children of the Sun" illustrates the best of McGrew's talents as an artist and storyteller. The setting is the sun drenched, multi-colored desert and mountain landscape of the Navaho reservation. He has populated his canvas with several Navaho children in traditional dress which is painted in intricate detail. Most likely these are people that the artist knew well and whom he had observed on many occasions. The figure of the small girl in the foreground is a motif that he frequently used in his paintings. The work can be seen simultaneously as an overall scene of Navaho life on the reservation and as a series of small individual vignettes.

Frank McCarthy's From th eMeadows of the Beartooth, 1991
Finally, be sure to keep an eye on Frank McCarthy's From the Meadows of the Beartooth, 1991.  It's an 18 x 40 inch oil estimated $20,000-$40,000.  McCarthy's work consistently sells well at auction, so you always want to be prepared in case one slips through the crack.  This particular painting has just about everything you want in a nice McCarthy:  action, rocks, a nice landscape, etc.  The figures might be a tad small, but the perspective is vintage McCarthy.  All in all, there are plenty of familiar names in the sale like George Hallmark, Jim Norton, Harley Brown, Clyde Aspevig, Nicholas Coleman, Frank Hoffman, John Clymer, Edgar Paxson, Eanger Couse, Edward Borein and Thomas Moran.  When building a lasting collection, you want to try and acquire the best example of an artist's work as you can within your price range.  Now, I know Sothebys and Christies have 25% buyer's premiums, but that's significantly higher than the average at other major Western art auction houses.  From a consignor standpoint, that's going to hurt the hammer price, which in turn hurts what the consignor nets from the sale.  Plus, that's just a bitter pill to swallow when you know that a quarter of what you're paying is just a buyer's premium.

Wednesday, April 18, 2012

Bonhams: California, Western and Sculpture Sale

Mt. McKinley by Eustace Ziegler; 40" x 48"
Bonhams and Butterfields of San Francisco will be presenting their California, Western and Sculpture Sale on May 1st.  There's only a few pieces that really jump out at me.  The first is the large Eustace Ziegler titled Mt. McKinley measuring 40 x 48 inches.  It's estimated $50,000 - $70,000.  While Ziegler did a number of paintings that are similar with Mt. McKinley looming in the background and either figures or pack horses in the foreground, a painting of this size is very rare.  In Kesler Woodward's 1998 book Spirit of the North: The Art of Eustace Paul Ziegler, there are only two similar paintings that are comparable in size and one is a behemoth 48 x 114 inches.  Last July at the Coeur d'Alene Art Auction, a 16" x 14" oil titled Packhorses Below Mt. McKinley sold for a strong $32,175.  In 2004, a 16" x 20" oil titled Pack Train Near Mt. McKinley sold for $28,000 plus the juice at the Coeur d'Alene Art Auction.  The record price for an Eustace Ziegler painting at auction is $47,600, so there's a fair chance that the upcoming painting at Bonhams could set a new record for a Ziegler work because of the size, rarity, and it's a subject matter you would expect as a collector of Ziegler's work.

Plains Indian Warrior, 1894 by Henry Farny; 16" x 11"
The next painting that jumps out at me is by Henry Farny titled Southern Plains Indian Warrior, 1894.  It's a 16 x 11 inch gouache on paper estimated $100,000 - $150,000.  It's a classic Farny composition with the focus on an isolated figure surrounded by lavenders and sage greens that were common in Farny's work.  I especially like the detail in the headdress and breastplate.  A comparable painting measuring 8.25" x 10" titled On The Firing Line was estimated $60,000-$90,000 in 2009 and sold post auction for $45,000 in Reno at the Coeur d'Alene Art Auction.  Now that's what I would consider a "recession-buy" because it's a nice painting sold at the wrong time.  In 2006, during a strong art market, The Apache sold for $156,800 and only measured 5.7" x 4".  In 2008 at a Christie's sale, The Warrior measuring 15" x 9" was estimated $300,000 - $500,000 but it passed.  I'm going to take a shot in the dark and guess the reserve was too high, because that estimate is pretty aggressive.  However, it's a comparable painting done during his most prolific time period (1890-1906) so I think the pre-sale estimate of $100,000-$150,000 for Plains Indian Warrior, 1894 is fair and the fact that the subject matter is a plains Indian, probably Sioux, is a nice collection factor.

Although it's not a traditional Southwest subject matter, I personally like the E.M. Henning's painting titled Hands of Toil, Choiggia, Italy because you can just see the life and stories in the woman's hands and facial expression.  It also has a strong provenance coming from the artist's widow.  It's also a pretty good size, but $50,000-$70,000 might be a tad aggressive.  If I had $50,000 to spend on a Hennings, I would rather acquire one of his wildlife paintings with the aspens, but who's asking me?  Beware of a couple of the Frank Tenney Johnson paintings because they're unsigned.  After the Shower in the Land of Crows by Edgar Paxson was offered by John Moran Auctioneers in February of 2010 with an estimate of $40,000-$60,000 and passed, so it's estimated more accurately at $10,000-$15,000.

E.M. Hennings Hands of Toil, Choiggia, Italy

Edgar Paxson Shower in the Land of Crows

Wednesday, April 11, 2012

Painting Evaluations

Ok, so I noticed that my most popular post is about whether we should use price per square inch as a tool to evaluate works of art, so I wanted to re-post Painting Evaluations because this is the best way to try and determine what your painting is worth.  There's no exact science to it, but we can get a ballpark of what someone might pay for it.  Remember, a piece of art is worth whatever someone will pay for it. Below are the guidelines I use when I evaluate works of art, so I hope it will help you in becoming a more savvy collector and possibly identify a good value when you come across one.

People always want to know what their artwork is worth.  With the popularity of Antiques Roadshow, a lot of people have cleaned out their attics in hopes of finding something worth a small fortune.  I love when people come see me and bring in an old dusty painting with more cracks than Humpty Dumpty and swear it's valuable because they saw a painting on Antiques Roadshow that had a similar looking horse in the background.  Don't get me wrong, I'm not discouraging people from bringing me paintings to evaluate, because I always enjoy the conversation, and I'm always interested in purchasing paintings by established Western, Wildlife and Sporting artists from the 19th and 20th century.  You can view a full list of artists that I'm seeking to consign or purchase in the tab above labeled "Wanted to Buy".  There are a ton of factors to consider when purchasing or even selling a painting, so I just wanted to share some basics regarding painting evaluations.
  1. Identify the Artist.  Your first clue on whether your work of art has any value is identifying WHO the artist is.  I hate to say it, but the artist is a lot like a brand name.  The more recognized the artist, the more valuable your painting's going to be.
  2. Dimensions.  What are the dimensions of the image not including the frame, and for sculptures, what is the length, height, and width of your bronze.
  3. Provenance.  What is the ownership history of the painting?  How did you come by the painting?  Has it been displayed in any museum exhibitions?  What's the literature history of the painting?  Provenance could potentially add value and it's a crucial factor in determining authenticity.
  4. Connoisseurship.  According to Wikipedia, modern connoisseurship must be seen along with museums, art galleries and "the cult of originality". Connoisseurs evaluate works of art on the basis of aesthetic conclusions. Judgment informed by intuition is essential, but it must be grounded in a thorough understanding of the work itself. On the basis of empirical evidence, refinement of perception about technique and form, and a disciplined method of analysis, the responsibility of the connoisseur is to attribute authorship, validate authenticity and appraise quality.  I don't know if I feel smarter or like a dumba** after reading this, but I have a strong desire to sip on some wine and walk through a stuffy gallery pretending to know what I'm looking at.  Basically, it's measuring the quality of the painting in comparison to the body of work of the artist.  How does the painting rate compared to the artist's other works?  Did the work win any awards?  Was the painting published?  Does the style of the painting correspond to the style of the artist while he was most coveted?  If you don't already know, I will often refer to the quality of a painting based on a scale of 1-10 with 10 being a must-buy.  It's an attempt to simplify the comparison of the painting to the body of work by an artist.  Like most things in art, it's purely subjective.
  5. Condition.  What's the condition of the painting?  Does it have any major craquelure?  Is there any in-painting?  Are there any rips or tears?  Does it need to be re-lined?  Is it still in the original frame?
  6. Subject Matter.  This could easily fall under Connoisseurship, but artists will create an identity for themselves and certain subject matters will have a higher demand.  For wildlife artists, there may be a higher demand for a specific animal, or for Western narrative artists, the difference in demand for Native American scenes compared to Cowboy scenes.
  7. Medium.  Different mediums include oils, acrylics, watercolors, gouaches, pencil, pastels, bronze, wood, photography, or anything else an artist can use to create a piece of artwork.  Typically oils and acrylics will demand higher prices than watercolors and pastels.  It doesn't mean one is better than another.
  8. Collection Factors.  are components that contribute to the overall value of a piece of art and in turn, your collection. See my post regarding Collection Factors by clicking here.
As we continue our conversations, we'll go into more depth of these factors and how they apply to buying and selling your artwork.  These are all crucial when it comes to putting together a collection that could potentially show a return on your investment.  Please don't hesitate to add something to the list or any general thoughts in the comments.  Remember, this isn't a conversation with your dog, so the dialogue should go both ways.  Also let me know what else you would like covered by the Western Art Dealer.

Tuesday, April 10, 2012

Martin Grelle One-Man Show Results

Martin Grelle's Where Waters Run Cold
While I was in Scottsdale, I attended Martin Grelle's 24th Annual One-Man Show at Overland Gallery of Fine Art.  It's always a highly anticipated show, because it's one of the few opportunities to acquire a NEW work by Grelle, and the prices at which you are able to buy the painting can't be beat.  Unfortunately, everything is sold by draw and a couple are silent bid.  A draw really is the only fair way to sell his new works, so everyone has a fair shot at each painting.  However, you can imagine how full each box is stuffed with potential buyers.  There's a ton of excitement and anticipation that leads up to the draw, and Martin is gracious enough to shake hands and speak with so many people, he probably sleeps for a week after his show.  Not to mention, he was probably putting the finishing touches on a couple of the works the night before his sale.  While Grelle can paint like a son-of-a-gun, meeting deadlines are for the birds.  Martin Grelle presented 8 brand new paintings and two of them were being sold by silent bid.  They ranged in size and price and once again, he sold out his entire show!  I don't know how many years in a row he's sold out his one-man show, but it's at least the six years I've been in the art business, and he was on fire when I took over Coeur d'Alene Galleries.  I can't imagine a better collection factor than having a demand that highly outweighs your very limited supply or selling out your one-man show for over a decade.  My favorite painting of the group was Where Waters Run Cold.  It's a 42 by 32 inch oil on linen with 3 figures and water running right at the viewer.  The water seemed translucent and really seemed to change colors as you walked around it, and you could just feel the mist from the movement of the water.  It sold by silent bid, and the opening bid was $45,000.  The winner paid $101,000 for this fabulous painting.  The other silent bid piece was a 42 by 48 inch oil titled Apsaalooke Sentinels, and it sold for $116,250.  The most entertaining part of the night was when they were doing the draw, and the first name drawn was Tony Altermann of Altermann Auctioneers, and there was a collective groan from the crowd.  With all the build-up and anticipation, there was an air of optimism that your name was going to be drawn, and when it turned out to be a dealer, I think the crowd could have easily booed him, but being the classy collectors they are, they just congratulated him and anxiously waited for the next draw.  If you want to take anything away from the results of Martin's show, be confident that the demand for Grelle's work is still very high, and his prices are not going to go anywhere but up, so if you have an opportunity to acquire one of his paintings, do it!

Martin Grelle's Apsaalooke Sentinels

Martin Grelle's Late Winter Passage
Martin Grelle's First Watch

Martin Grelle's A Well Travelled Trail

Monday, April 9, 2012

Altermann's Results - Scottsdale

Adolph Weinmann's Chief Black Bird, Ogalalla Sioux
The Scottsdale Art Auction was not the only auction that took place over the first weekend of April.  Altermann's Auctioneers also had a sale on Friday, March 30th.  Originally, from Santa Fe, Altermanns moved to Scottsdale in 2011 to try and break into the Scottsdale art market.  While Altermanns has been around since 1978, they host about 4 auctions a year rather than one big sale like Coeur d'Alene Art Auction, Scottsdale Art Auction, or Jackson Hole Art Auction.  Because of their four sales, it's impossible to compare their auctions to the others, but when you combine them, you have to mention Altermanns when you talk about the competitive Western auction scene.  With all the auction houses, it becomes more and more competitive to acquire quality works for each sale if you're one of the major auction houses.  It's great for the collectors who have lots of options and can use that competition for a better seller's premium, but certain sales are more suited to sell certain artists or types of artwork.  While there wasn't anything that was mind blowing in the Altermann sale, there were a couple of highlights.  The biggest being the Adolph Weinmann bronze Chief Black Bird, Ogalalla Sioux estimated $125,000 to $175,000.  This particular Weinmann bronze had a special bronze base that made it more coveted because it sold for a whopping $273,000!  Scottsdale Art Auction also had the same bronze, but it was only estimated $70,000 - $100,000 and passed.  There were numerous quality bronzes by Frederic Remington and a very rare James Earle Fraser bronze of The End of the Trail.  Unfortunately, the majority of them passed which seemed to be the running theme for the sale.  The catalog cover piece was a nice Garard Curtis Delano titled The Hunter, measuring 22 by 40 inches estimated $200,000 to $300,000 and sold for $306,000.  The sales price isn't bad, but it sold in 2008 at the Coeur d'Alene Art Auction for $345,000.  A good example of pre-recession and post-recession buy.  Oscar Berninghaus' Sangre de Cristos, 25 by 30 inches, oil sold well with an estimate of $70,000-$90,000 and sales price of $102,000.  There were a lot of early Cowboy Artists of America works available and one that stood out in my mind was Ray Swanson's Movin' Through Dry Country.  Measuring 36 by 48 inches and estimated $50,000 to $60,000, it sold for a strong $108,000.  Altermann's next sale is August 11, 2012 in Santa Fe.

Gerard Curtis Delano's The Hunter

While there were some good opportunities to add to your collection, the overall results felt like there was too much artwork available for one weekend.  The ones who suffer the most are the fantastic galleries that are in Scottsdale, because for one weekend, there's an influx of about 638 pieces of art that directly competes with what the galleries are offering.  Yes, the events do bring buyers in to town, so it's a double edge sword.  I guess the moral of the story is to provide the best quality painting you can and it will always sell if it's priced fair.

Tuesday, April 3, 2012

2012 Scottsdale Art Auction Results

2012 Scottsdale Art Auction-Legacy Gallery
It was a gorgeous weekend in Scottsdale, AZ this past weekend where the 2012 Scottsdale Art Auction took place.  I was playing the TPC Champions course, and the entire round was one private jet after another coming in for a landing overhead.  I'm sure as they were landing, they were captivated by my long drives down the middle of the fairway and the darts I was throwing at the greens with my irons.  Okay, I wasn't actually hitting the ball like that, but apparently, they weren't coming in to purchase the 30" x 40" Ernest Blumenschein either.  They were in town to purchase some earlier works by Howard Terpning.  It just goes to show what I know.  I thought the gentlemen from the Scottsdale Art Auction would rake in just over $2,000,000 for all the Terpnings, and after it was all said and done, a new world record for Terpning's work was set, twice, and the total for the seven Terpnings in the sale was a whopping $4,981,250 including the buyer's premium.  Wow.  It's unbelievable the prices that Terpning's work realizes at auction or anywhere for that matter.  These weren't even Terpning's best works by a long shot.  Terpning's major painting he does annually for the Masters of the American West Show held at the Autry National Center brings either just over a million dollars or just under.  I suspect we will see more Terpnings come to the market, because it always happens when there are a string of great prices realized at auction.  The total for the sale hasn't been officially announced for some reason, but I've heard rumors of $15 million to $16 million in total sales.  While the Blumenschein, Charles Russell's Mexican Buffalo Hunters, and Bringin' the Stolen Herd Home bought-in, there were plenty of highlights of the sale.  Overall, the partners of the Scottsdale Art Auction have to be pleased, and everyone in the Western art world has to be upbeat about the overall strong prices.  The mood was upbeat, and collectors didn't seem hesitant on pulling the trigger if they really liked a piece.

Kyle Polzin A Cowboy Legacy

O.C. Seltzer Indian in Loon Headdress

Tom Lovell Marking the Crossing

Andy Thomas Saloon Shootout

Herman Herzog In the Yosemite Valley
Here's a new spot I like to call "Goin' to the Craps Table/Goin' to the ATM."  When you sell a painting at auction, you're essentially gambling that there are at least two people who want your painting and will bid up the sales price.  It's a bundle of fun when you sell a painting and it goes through the roof, but not so much when your painting comes up and people can't seem to find their bidder paddles.  I chose the title Goin' to the Craps Table/Goin' to the ATM because I knew someone who had one of those rare experiences where his painting skyrocketed past the high estimate, and following the auction, he proceeded to the craps table with a grin from ear to ear.  When he ran out of poker chips, the table started chanting "A-T-M! A-T-M!"  Needless to say, when your painting sells well, you want to go celebrate, but when your painting tanks, you have to go to the ATM.  Here are some of the notable results from the 2012 Scottsdale Art Auction.

Goin' to the Craps Table
  • Herman Herzog's In the Yosemite Valley; 62" x 50" oil, estimate: $40,000-$60,000.
    • Sold: $207,000
  • William Gollings' A Good Place to Camp; 14" x 10" oil, estimate: $60,000-$90,000.
    • Sold: $115,000
  • Olaf Seltzer's Crow Indian in Loon Headdress, 1908; 12" x 9" oil, estimate: $25,000-$50,000
    • Sold: $103,500
  • Charles Russell's Indian Scout on Horseback; 18" x 24" oil, estimate: $400,000-$500,000
    • Sold: $690,000
  • Martin Grelle's Helping Hands; 14" x 18" oil, estimate: $12,000-$18,000
    • Sold: $19,550
  • Nick Eggenhofer's Scout Party; 7" x 10" mixed media, estimate: $4,500-$6,500
    • Sold: $13,800
  • Z.S. Liang's Twilight Over the Big Horn Mountains; 30" x 46" oil, estimate: $30,000-$45,000
    • Sold: $69,000
  • Kyle Polzin's A Cowboy Legacy; 34" x 42" oil, estimate: $18,000-$24,000
    • Sold: $54,625
  • Tom Lovell's Marking the Crossing; 24" x 36" oil, estimate: $125,000-$200,000
    • Sold: $402,500
  • Andy Thomas' Saloon Shootout; 24" x 36" oil, estimate: $30,000-$40,000
    • Sold: $69,000
  • Howard Terpning's Captured Ponies; 30" x 38" oil, estimate: $400,000-$600,000
    • Sold: $1,904,000
  • Howard Terpning's Spoils of War; 14" x 18" oil, estimate: $40,000-$60,000
    • Sold: $138,000
  • Howard Terpning Mystic Power of the War Shield; 40" x 52" oil, estimate: $600,000-$900,000
    • Sold: $1,680,000
Goin' to the ATM
  • Ernest Blumenschein's Homeward Bound; 30" x 40" oil, estimate: $2,000,000-$3,000,000
    • Sold: Bought in
  • Bert Geer Phillips' Winter Night Song; 25" x 30" oil, estimate: $150,000-$250,000
    • Sold: Bought in
  • Charles Russell's Mexican Buffalo Hunters; 13" x 18" w/c, estimate: $600,000-$750,000
    • Sold: Bought in
  • Charles Russell's Bringing the Stolen Herd Home; 16" x 22" w/c, estimate: $200,000-$400,000
    • Sold: Bought in
  • Frank Tenney Johnson's Tienda Afuera; 24" x 18" oil, estimate: $100,000-$200,000
    • Sold: Bought in
  • Adolph Weinman's Chief Black Bird, Ogalalla Sioux; 17" bronze, estimate: $70,000-$100,000
    • Sold: Bought in
  • E.M. Hennings' More Sage; 25" x 30" oil, estimate: $100,000-$150,000
    • Sold: Bought in
  • William Leigh's The Great Spirit; 37" x 50" oil, estimate: $800,000-$1,200,000
    • Sold: $862,500
That concludes our first edition of Goin' to the Craps Table/Goin' to the ATM.  Again, if you have some clever names for this portion of my auction reviews, please post them in the comments section.  Also, if you have any questions regarding buying or selling at auction or privately, that's what I'm here for.  If I don't know the answer, we'll find it together.
left to right: William 'Tylee' Abbott, Peter Reiss, Ron Nicklas, Buddy Le