LOS ANGELES — Los Angeles Modern Auctions Dec. 6, 2009, Fine Art, Sculpture & Design Auction totaled $1.9 million (including buyer’s premium) selling 70 percent of the 469 lots.
Over 300 people registered for the auction, including in-house participants who filled the gallery to standing room only. Buyers came from Australia, Ireland, Japan, Argentina, France, as well as an overwhelming amount of clients from California and New York.
Buyers were happy with the prices for furniture, while consignors came away better selling art.
“For many years we (LAMA) have been known as the art world’s best kept secret,” said Peter Loughrey, director of Los Angeles Modern Auctions. “I think now the secret is out.”
Among the prices realized:
Sam Francis “Untitled,” $122,500 (estimate $80,000-$120,000).
Keith Haring “Untitled,” $88,812 (estimate $25,000-$35,000).
Pablo Picasso “Francoise,” $67,375 (estimate $40,000-$60,000).
Larry Rivers “Last Civil War Veteran,” $61,250 (estimate $60,000-$90,000).
Roy Lichtenstein “Modern Art I,” $29,400 (estimate $18,000-$25,000.
Other highlights include:
George Nakashima custom furniture realized: $327,748.
Diego Giacometti Coffee Table, $79,625 (estimate $75,000-$100,000).
Jun Kaneko Ceramic Sculpture, $36,750 (estimate $18,000-$25,000).
Peter Voulkos Sculpture, $18,375 (estimate $5,000-$8,000).
Carlo Bugatti Pair of Throne Chairs, $13,475 (estimate $2,000-$3,000).
Photos courtesy Los Angeles Modern Auctions.
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