Christie's American Art Sale Results

Edward Hopper's Blackwell's Island
Christie's American Art Sale took place on Thursday, May 23, 2013 and resulted in a 73% sell-through rate and the highest total for that category since 2008 with a $50.8 million total.  Edward Hopper's Blackwell's Island led the way realizing over $19,163,750.  O'Keefe, Parrish, and the Wyeth family also sold well.  Acquired by the Cincinnati Art Museum, O'Keefe's My Back Yard realized $1,803,750 after a $1,000,000-$1,500,000 pre-sale estimate.  Norman Rockwell works continued their impressive run when Starstruck sold for over $2 million with a $800,000-$1,200,000 estimate.

Christies didn't offer much in the way of American Western art, but a 18x14 inch oil titled The Evening Glow by Frank Tenney Johnson sold for $159,750 which exceeded the high estimate of $150,000 and A Field in Taos by Oscar Berninghaus sold for $207,750 which was just over the $200,000 low estimate.  All these strong records at auction are a very good sign, as it continues to show that collectors aren't afraid to spend like they were a few years ago.
Oscar Berninghaus A Field in Taos

Frank Tenney Johnson The Evening Glow

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