Published: December 9, 2008
On October 12, Columbus Day weekend, Outer Cape Auctions hosted its annual art auction. A Henry Hensche landscape dated 1986 and measuring 16 by 20 inches sold for $23,500, well above its $8/10,000 presale estimate. According to Terry Catalano, Outer Cape owner, “It’s not about where we are located, or the weather or anything else, it’s about the economy and who wants a piece of art.”
The second Hensche oil offered was an early still life dated 1928; it sold for $8,225. Other surprises were a work by Frederic Karolyn that had an estimate of $100/200, which took off to reach a final price of $1,998.
A George Yater watercolor of a Provincetown train car sped to $3,000, its high estimate. Other stars included an early oil by Karl Knaths that sold for $11,750, right in the presale estimate of $10/15,000.
A Florence Bradshaw Brown painting of a balloon man handing kids balloons on the pier was estimated at $1/2,000, but some determined bidding sent it to $3,550. The Keith Haring sign did not reach the reserve at the auction, but sold afterward to private collectors.
All prices given include the buyer’s premium.
Outer Cape Auctions next art auction is Tuesday, December 30. For information, www.outercapeauctions.com or 508-487-7281.
5 Church Hill Road / Newtown, CT 06470
Mon - Fri / 8:00 am - 5:01 pm