DALLAS, TX DAVID DIKE FINE ART
Texas Art Auction
On January 20, David Dike Fine Art held its annual Texas Art Auction at Wildman Art Framing in Dallas,texas, to an enthusiastic in-house crowd of more than 400 people.the sale, which yielded $1,285,300, had a 90 percent sell-through rate.there were several record breaking pieces in the auction, that highlighted the interest of the Texas art market.
Olin H.travis’ 1936 painting War Lords (est. $60/80,000) was of particular note with buyers, as it became a new auction record for the artist at $88,125. This price nearly doubled his previous record for a landscape painting titled Hillside that had sold for $47,800 in July 2009. Seymour Fogel’s Abstract Figural Composition (est. $8/12,000) was another record setter, bringing in nearly three times its high estimate at $32,900.A 1935 painting by Carl Benton Compton titled Gathering in Church Yard (est. $8/12,000) also became an artist world auction record when it achieved $19,980.
Two small-scale paintings by Texas master Julian Onderdonk also were notable. A Nice Morning (est. $40/50,000) sold for $52,875, while The Brush Country in Winter (est. $20/30,000) yielded $31,725.
Olin H. Travis (1888-1975), War Lords, 1936. Oil on Masonite, 21 x 51 in., signed lower left: ‘Olin Travis’. Artist World Auction Record. Courtesy David Dike Fine Art. Estimate: $60/80,000 SOLD: $88,125