Mar­ket Re­ports

American Fine Art Magazine - - In This Issue - MIKE OVERBY Auc­tion Part­ner Coeur d’alene Art Auc­tion

We are com­ing off a very strong $16.1 mil­lion sale for 2017 and have seen con­tin­ued strength in the Western art mar­ket. Judg­ing by the qual­ity of con­sign­ments com­ing in, 2018 looks to be an­other big sale. Last year ap­prox­i­mately 20 per­cent of our sales went to new buy­ers, which is al­ways en­cour­ag­ing! I wouldn’t say one or two artists are dom­i­nat­ing the mar­ket right now. It’s more about the qual­ity of the in­di­vid­ual works. That said, we’ve seen tremen­dous in­ter­est in the work of Howard

Terp­n­ing. He’s con­sid­ered the dean of con­tem­po­rary Western pain­ters and re­tired a cou­ple years ago. His mar­ket has al­ways been strong, but we’ve seen quite a few new col­lec­tors buy­ing his work these days.

In­stead of an artist, I would say the group of Taos Founders is a seg­ment to keep an eye on. The mar­ket is re­ally com­ing back for artists such as E.I. Couse, Joseph Henry Sharp, Ernest Martin Hen­nings and the oth­ers.

COEUR D’ALENE ART AUC­TION

8836 N. Hess Street, Suite B Hay­den, ID 83835 (208) 772-9009 www.cdaar­tauc­tion.com

“…2018 looks to be an­other big sale. Last year ap­prox­i­mately 20 per­cent of our sales went to new buy­ers, which is al­ways en­cour­ag­ing!”

The Coeur d’alene Art Auc­tion takes place in July in Reno, Ne­vada.

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