MILFORD, Conn. – Quality, fresh-to-market offerings achieved notable results at Shannon’s Fall Auction on October 27. The sale of 179 lots sold over 85% and brought in over $3.75 million, continuing a trend of strong results and high sell-through rates at Shannon’s.
Leading the sale was a 1963 painting by artist Monhegan Lynne Mapp Drexler. Drexler’s prices have skyrocketed in recent years and Shannon’s team had the knowledge to offer this paint when it was most beneficial to their customer. Untitled from 1963 sold for $450,000 after a spirited online and telephone turnout.
A painting by Scott Kahn which, like Drexler, recently benefited from the market boom, sold for $212,500. Shannon reports a global auction on the painting titled Woods from more than six countries and several states.
Other notable sales in the Contemporary category include an untitled work on paper by Bob Thompson, from 1963, which sold for $55,000; a surreal landscape by John Atherton, titled Court, which sold for $55,000; an Italian painting of two women by Massimo Campigli, which sold for $50,000; and a work on paper by Michael Goldberg, which sold for $37,500.
Exceptional, fresh-to-market offerings boosted Pennsylvania Impressionism results. A remarkable Daniel Garber, titled elm branch, sold for $262,500 after heated telephone bidding. An impressive work by Edward Redfield titled Drifting road, a 1917 snow scene, sold for $237,500; by John Folinsbee goat hill sold for $50,000; and a view titled Canal and River (also by Folinsbee) grossed $35,000.
Modern American art has achieved outstanding results, led by Walt Kuhn girl in green, a compelling portrait of a circus performer, which sold for $106,500; a portrait of a young girl by Ashcan artist Robert Henri, which sold for $100,000; a wall study for Beyond the mountains by Thomas Hart Benton which sold for $81,250; and a view titled Go to the barn by American regionalist Dale Nichols, which sold for $52,500, proving Shannon’s continued success with the artist.
Historic American paintings were led by Thomas Moran’s sublime, Turner-esque view of Venice, a 20-inch by 30-inch canvas, which sold for $162,500. A stellar award has been secured for another European stage by an American artist, Robert Vonnoh, titled By the river (Grez), which sold for $68,750.
A masterful painting by 19th-century landscape painter William M. Hart doubled the high estimate, selling for $62,500. The scene, a luminist view entitled Sunset over the mountain streamwas dated 1864. A Coastal View of Maine by William Trost Richards sold for $60,000, while a Portrait of a Young Man by William Merritt Chase sold for $52,500.
Of Shannon’s remarkable success despite growing competition for quality shipments, owner Sandra Germain said, “Our customers recognize our commitment to customer service, our quality offerings and enjoy working with us as a team. We are delighted to welcome an increasing number of new customers with each sale and look forward to our future success.
Shannon’s has positioned itself as a premier outlet for quality American art from all eras. This latest auction is proof of his success on the American art market. Shannon’s accepts shipments year-round. To inquire about a possible mailing or to sign up for their mailing list, please visit www.shannons.com.
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