Fresh Works

Bon­hams’ May 22 American art sale saw four world auc­tion records and a num­ber of works brand new to the auc­tion block

American Fine Art Magazine - - Auction Report: New York, Ny -

The American art sale at Bon­hams this past May reached nearly $2 mil­lion in to­tal sales at $1,946,845, with a num­ber of lots achiev­ing num­bers well past their high es­ti­mates.“i think the suc­cess is mostly due in part to the fact that we have a lot of fan­tas­tic items that were fresh to the mar­ket, many of which ap­peared at auc­tion for the first time,” says Jen­nifer Ja­cob­sen, di­rec­tor of American art at Bon­hams. Four world auc­tion records were set dur­ing the sale.

The top lot was Charles E. Pren­der­gast’s Fan­tasy (est. $200/300,000), a de­tailed and com­plex com­po­si­tion cre­ated with tem­pera, gold leaf and pen­cil, which more than dou­bled its high es­ti­mate when it sold for $704,075.“The Pren­der­gast was such a su­perb work— the com­plex­ity, color, re­tain­ing the artist’s orig­i­nal frame and be­ing in the same fam­ily’s collection since 1924,” says Ja­cob­sen.

An artist world auc­tion record was set for Stephen Han­nock’s The Oxbow, for Lane Fai­son with Betty and Agnes Mon­gan (Mass MOCA #147), also mark­ing the first time a work from the artist’s famed Oxbow se­ries had ever come to auc­tion.the work sold for $250,075, shat­ter­ing its high es­ti­mate

of $50,000.

En­tente Cor­diale, an ex­otic jun­gle scene by Orville Bul­man, yielded a pleas­antly sur­pris­ing re­sult, Ja­cob­sen says.“i had ex­pected a strong re­sult, but it ended up dou­bling the pre­vi­ous auc­tion record for that artist.” Other no­table sales in­clude Marvin D. Cone’s Night Ad­ven­ture (est. $40/60,000) at $100,075; and The Ac­ro­bat by Al­ton Pick­ens, which de­mol­ished its high es­ti­mate of $3,500 when it sold for a stag­ger­ing $93,825. “[The Ac­ro­bat] is a re­ally kind of quirky work and is now an artist auc­tion record. It’s such an in­ter­est­ing image, and the in­trigue trans­lated to a lot of bid­ding,” says Ja­cob­sen. The other work in the sale to achieve a world auc­tion record was Stephen Greene’s Car­ry­ing the Cross, which sold for $22,575, soar­ing past a high es­ti­mate of $12,000.

“I thought it was a re­ally well-rounded sale in terms of the reg­is­trants and buy­ers we had,” Ja­cob­sen says of the May sale.“we saw a lot of new col­lec­tors as well as es­tab­lished col­lec­tors. [It] goes back to the fresh­ness and qual­ity we had.”

ca. 1916-18. Tem­pera, gold leaf and pen­cil on in­cised ges­soed panel, 23 x 31 in., signed lower left: ‘C. Pren­der­gast.’ Es­ti­mate: $200/300,000 SOLD: $704,075 Fern Is­abel Coppedge (1888-1951), The Clear­ing, ca. 1925. Oil on can­vas, 181/8 x 20¼ in., signed lower right: ‘Fern I Coppedge’; signed and in­scribed with ti­tle on stretcher. Es­ti­mate: $30/50,000 SOLD: $40,075

Charles E. Pren­der­gast (1863-1948), Fan­tasy,

Marvin D. Cone (1891-1965), Night Ad­ven­ture, 1951. Oil on can­vas, 24¼ x 30¼ in., signed lower right: ‘Marvin / Cone’; in­scribed with ti­tle on stretcher. Es­ti­mate: $40/60,000 SOLD: $100,075

Al­ton Pick­ens (1917-1991), The Ac­ro­bat, 1947. Oil on can­vas, 49¾ x 34 in., signed and dated lower left: ‘Pick­ens / 4 • 1947’. Es­ti­mate: $2,5/3,500 SOLD: $93,825

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