DAL­LAS, TX DAVID DIKE FINE ART

American Fine Art Magazine - - Auction Reports: Boston, Dallas, New York, Scottsd -

JAN­UARY 20

Texas Art Auc­tion

$1.3 mil­lion

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

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