Published: May 26, 2015
DALLAS, TEXAS — Dallas Auction Gallery’s May 20 fine art auction featuring pieces from the collection of Dallas entrepreneur, author, and philanthropist Sam Wyly was deemed a huge success resulting in record-breaking auction results. The sale totaled $2,581,000 with buyers from across the globe.
Leading the sale was Rembrandt Peale’s “George Washington,” attaining $293,000 from a phone bidder, well over its $125/175,000 estimate and Norman Rockwell’s, “Barbershop Quartet,” going to another phone for $209,000.
The auction house also set two artist auction records starting with a trial proof of “Apple (from Ads)” by Andy Warhol selling for $161,000 to a floor bidder and “Old Pedro the Goat Herder” by Fred Darge for $59,375, both from Wyly’s collection.
“Last night proved what the art world already knows — buyers in Dallas aren’t afraid to bid frequently and aggressive as was evidenced by the floor bidding in last night’s sale. Texas buyers have wide-reaching taste and exceeded the conservative estimates particularly in the case of the Sam Wyly collection,” said Scott Shuford, president of Dallas Auction Gallery.
Western works demanded attention in the sale, Martin Grelle’s “Gifts for the Little People” went for $161,000, Joe Jones, “Raking Hay” took $56,250 and Frank Tenney Johnson’s, “The Pioneers” sold for $112,500, resulting in combined sales of over $329,000. Another crowd favorite was Norman Rockwell’s “Portrait of Richard M. Nixon,” selling for $93,750 against a presale estimate of $30/50,000.
In addition to Warhol’s Apple, modern and contemporary works on paper sold well during the sale, three gouache & ink works by Alexander Calder sold for $123,125 and three Andy Warhol, “Skull” Screenprints sold for $96,875. Heavy international bidding on the John Chamberlain sculpture, “Fistfull of Funn” resulted in a price realized of $233,000.
All prices reported include the buyer’s premium.
The auction house is at 2235 Monitor Street. For more information, www.dallasauctiongallery.com or 214-653-3900.
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