White-glove sale of Pennsylvania Impressionists confirms Freeman's expertise in single-owner collections
The First Art Newspaper on the Net    Established in 1996 Thursday, October 31, 2024


White-glove sale of Pennsylvania Impressionists confirms Freeman's expertise in single-owner collections
Morgan Colt, Butcher Wagon. Estimate: $40,000-60,000. Sold for: $100,800.



PHILADELPHIA, PA.- Freeman’s announced the results of its exceptional December 5 American Art and Pennsylvania Impressionists auction, which set multiple world records across categories and included the white-glove sale of the distinguished Collection of Virginia and Stuart Peltz. The 119-lot auction realized $5.15M total, with an overall sell-through rate of 89%, and delighted international collectors, with 48% of winning bidders using online bidding platforms.

“Sunday’s sale nearly equaled last December’s—the highest-grossing sale of American Art in Freeman’s history,” says Alasdair Nichol, Freeman’s Chairman. “We are delighted to build on such successes, and I am particularly pleased that the sale of the Peltz Collection exceeded all of our—and their—expectations. We already have promising leads and are looking forward to our next American Art and Pennsylvania Impressionists auction.”

“We’re very pleased with Sunday’s result, which confirms the strength of the market,” adds Head of Sale Raphaël Chatroux. “The Peltz Collection brought incredibly fresh works to market, and its success demonstrates two areas in which Freeman’s excels: the market for Pennsylvania Impressionism and single-owner auctions.”

WHITE-GLOVE HIGHLIGHT: THE COLLECTION OF VIRGINIA AND STUART PELTZ

The sale of the Collection of Virginia and Stuart Peltz achieved $1.4M and a 100% sell-through rate, a resounding single-owner success. The collection was led by Morgan Colt’s Butcher Wagon (Lot 52; estimate: $40,000-60,000), which achieved $100,800 and set a new world auction record for a work by Colt.

All works had never before appeared at auction, and generated considerable buyer interest, leading to excellent results like Daniel Garber’s Up the River, Winter (Lot 55; estimate: $150,000-250,000), which sold for $252,000. Kenneth Nunamaker’s large, impressive canvas River Road at Centre Bridge achieved $201,600, likewise setting a world auction record for a work by the artist (Lot 63; estimate: $60,000-100,000), and Fern Coppedge’s December Afternoon (Carversville) achieved $226,800 (Lot 58; estimate: $80,000-120,000).

“We are thrilled with the results of Sunday’s auction,” say Virginia and Stuart Peltz, “and we realize that even more than our substantial financial gains, we are so pleased to have worked with the Freeman’s team in bringing our art collection to auction. From our first conversations years ago until the gavel came down, we have had total confidence in Freeman’s power to maximize the outcome of the sale, and in the professionalism and kindness of the team.”

FREEMAN’S EXPERTISE IN PENNSYLVANIA IMPRESSIONISTS
In addition to the success of the Peltz Collection, Sunday’s auction featured marquee sales of Pennsylvania Impressionists, led by the auction highlight of Daniel Garber’s Sycamores (Lot 94; estimate: $300,000-500,000), an impressive work that is one of the last large-scale canvases completed by the artist, which sold for $390,600. Several works by Edward Redfield confirmed market strength for works by the artist, including Abandoned Road, which nearly doubled its pre-sale high estimate to achieve $352,800 (Lot 89; estimate: $120,000-180,000), and Sleighing by the River near Centre Bridge, which sold for $138,600 (Lot 79; estimate: $120,000-180,000).

American Art and Pennsylvania Impressionists was a triumph for women artists: the six paintings offered by Fern Coppedge achieved $718,200 overall, and several works by Mary Elizabeth Price commanded impressive results, including Mallow and Lily (Lot 101; estimate: $60,000-100,000), which sold for $107,100, and Cheerful Barge 269 (Lot 102; estimate: $50,000-80,000), which achieved $56,700.

STRONG MARKET DEMAND FOR ILLUSTRATION ART
Sunday’s sale presented works by masters of Illustration Art, which elicited competitive bidding wars and drove prices well above their pre-sale estimates. Joseph F. Kernan’s Tying on a Fly (Saturday Evening Post Cover) (Lot 33; estimate: $25,000-40,000) achieved $126,000, the second-highest price for a work by Kernan at auction. This success was followed by Stevan Dohanos’s Tying Flies (Saturday Evening Post Cover) (Lot 34; estimate: $25,000-40,000), which sold for an impressive $252,000—an auction record for work by Dohanos.

NOTABLE HIGHLIGHTS: WYETH, DE LUE, CARLES
The auction featured several works by the iconic, celebrated Wyeth family, including Jamie Wyeth’s Saltwater Ice, which achieved an impressive $226,800 (Lot 43; estimate: $200,000-300,000) and Apple Basket, which sold for $88,200 (Lot 50; estimate: $40,000-60,000). Donald de Lue’s bronze The Rocket Thrower set a new record for the artist, selling for $81,900 (Lot 47; estimate: $30,000-50,000).

Finally, Arthur Beecher Carles’s portrait Angèle sold for $25,200 and was purchased by Philadelphia’s Woodmere Art Museum (Lot 37; estimate: $20,000-30,000). “Woodmere is thrilled to acquire Angèle” says William R. Valerio, the Patricia Van Burch Allison Director and CEO of Woodmere Art Museum. “It is an especially meaningful acquisition because Fredrica Wagman, who owned the painting for an extended period, was a friend and donor to Woodmere, and her parents were early, enthusiastic collectors of Carles; we’re happy to more fully celebrate the Wagman family’s impressive, multi-generational legacy as collectors and supporters of Philadelphia’s artists.”










Today's News

December 8, 2021

Michael Steinhardt, billionaire, surrenders $70 million in stolen relics

First of series of sales from The Karl Lagerfeld Collection is 100% sold

Peter Lynch donates $20 million in art to Boston College

Charlottesville's statue of Robert E. Lee will be melted down

Dale Chihuly unveils two-part exhibition in Phoenix and Scottsdale

René Magritte masterpiece achieves $9.9M at Bonhams New York

White-glove sale of Pennsylvania Impressionists confirms Freeman's expertise in single-owner collections

Christie's France Post War and Contemporary Art Live and Online Sales total €19,4 million

Phillips announces Cooler by the Lake: Chicago Art 1965-1985, curated by Karen Lennox

New James Turrell Skyspace is the first to be built into side of a mountain

Pink pond opens at NGV International

Rashid Johnson painting acquired by Phoenix Art Museum

Osthaus Museum Hagen opens an exhibition of paintings by Sylvester Stallone

Exhibition of new works by South African artist Ryan Hewett opens at UTA Artist Space

M+ opens an exhibition of works by Nalini Malani

FIFA Museum unveils new name and logo

Five artists awarded the 2021 Brett Whiteley Travelling Art Scholarship

Holabird Western Americana Collections, LLC to hold December Dreams: Premier Americana Auction

Hurvin Anderson and Rana Begum artworks go on display in the shop windows of Coventry

Property from The Life and Career of Sylvester Stallone Auction results announced

Marie-Claire Blais, acclaimed French Canadian novelist, dies at 82

More Terence Blanchard coming to Met Opera after success of 'Fire'

LnS Gallery opens an exhibition of works by Tony Vazquez-Figueroa

Morphy's Dec. 14-17 auction led by Civil War swords, USS Arizona lifebuoy, rare Lincoln items

What is a no deposit casino bonus?

Learn About Bitcoin Evolution Trading Platform And Its Features

Using Digital Tipping to Boost Service Worker Income

Online casino licenses

Will Smart Home Automation Change the Modern Living Forever?




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful