Open Doors

The Santa Fe Art Auc­tion breaks in a new fa­cil­ity with a $1.8 mil­lion art auc­tion.

Western Art Collector - - AUCTION REPORT -

Lots of new fea­tures at this year’s Santa Fe Art Auc­tion: new fa­cil­ity, new bid­ding plat­form and lots of new op­por­tu­ni­ties for col­lec­tors to own a part of the West dur­ing the win­ter sale in Santa Fe, New Mex­ico.

“Santa Fe Art Auc­tion was de­lighted to open the new doors to its mas­sively ex­panded per­ma­nent fa­cil­ity at the Baca Rai­l­yard to a packed house on Novem­ber 9, with well over 200 reg­is­tered bid­ders in at­ten­dance and more than 1,100 reg­is­tered on­line across 20 coun­tries,” says Gil­lian Bl­itch, pres­i­dent at Santa Fe Art Auc­tion. “While the auc­tion house launched a new web­site with its own pro­pri­etary on­line bid­ding plat­form this year, al­low­ing santafeart­auc­ in­ter­net bid­ders the same pref­er­en­tial buyer’s pre­mium as floor bid­ders, it con­tin­ues to be avail­able on ma­jor on­line plat­forms In­valu­able, Liveauc­tion­eers and Bid­square, and saw re­mark­able in­ter­net sales of some 60 per­cent of gross sales of $1.8 mil­lion and a sell

through rate, in­clud­ing post-auc­tion sales, of 90 per­cent.”

Lots from this year’s sale came from an as­sort­ment of pri­vate col­lec­tions as well as the Pa­tri­cia Ja­nis Broder Col­lec­tion, which achieved auc­tion records for distin­guished Amer­i­can In­dian artists in­clud­ing Pop Chalee and Os­car Howe, whose ab­stract work Medicine Man sold within es­ti­mates for $29,250. The sale also fea­tured a sub­stan­tial group of West­ern Amer­i­can women artists, of which Janet Lip­pin­cott’s New Mex­ico Land­scape broke an artist world record when it sold for $35,100, above a high es­ti­mate of $25,000.

The top lot was Fritz Scholder’s Un­ti­tled (Buf­falo Spirit), es­ti­mated at $80,000 to $120,000, that sold for $146,250. It is now the sec­ond-best sell­ing piece for Scholder at auc­tion.

Other top lots were Joseph Henry Sharp’s Un­ti­tled (New Mex­ico Por­trait) (est. ($50/80,000) that sold for $40,950 and Bob Wade’s C-print color pho­to­graph Pan­cho Villa. The 1988 pho­to­graph was ex­pected to sell be­tween $500 and $1,000, but sold for $38,025. Other top-sell­ing lots were by Su­san Her­tel, Ge­orge Carl­son and Rus­sell Chatham.

Bob Wade, Pan­cho Villa, 1988, C-print color pho­to­graph, 26½ x 47¼” Es­ti­mate: $500/1,000 SOLD: $38,025

Fritz Scholder (1937-2005), Un­ti­tled (Buf­falo Spirit), acrylic on can­vas, 80 x 70” Es­ti­mate: $80/120,000 SOLD: $146,250

Janet Lip­pin­cott (1918-2007), New Mex­ico Land­scape, ca. 1969, oil on can­vas, 48 x 48” Es­ti­mate: $15/25,000 SOLD: $35,100

Joseph Henry Sharp (1859-1953), Un­ti­tled (New Mex­ico Por­trait), oil on can­vas, 16 x 20” Es­ti­mate: $50/80,000 SOLD: $40,950

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