The American art sale, which took place today, May 23, 2013 at Christie’s in New York, realized $50.8 million, the highest total that the category has seen since May 2008. 99 out of the 135 lots offered sold and 85% sold by value.
The auction’s top lot was Edward Hopper’s (1882-1967) oil on canvas painting Blackwell’s Island (1928), which brought $19.1 million (estimate: $15 million-$20 million). Hopper also took the sale’s second top spot with his watercolor on paper Kelly Jenness House (1932), which sold for $4.1 million (estimate: $2 million-$3 million) and set the auction record for a work on paper by the artist. The Hopper sales reinforced the artist’s continued popularity among buyers and the strong market demand for exceptional Modernist works.
A highly anticipated collection of six paintings by the Wyeth family of artists sold for upward of $2 million. The works by N.C. (1882-1945), Andrew (1917-2009), and Jamie Wyeth (b. 1946) were put up for sale by New Jersey-based businessman and avid collector of the Wyeths’ works, Eric Sambol. The highlight of the collection was N.C. Wyeth’s Norry Seavey Hauling Lobster Traps Off Blubber Island (1938), which garnered nearly $844,000.
Other significant sales from the auction included Norman Rockwell’s (1894-1978) Starstruck (1934), which brought over $2 million, exceeding its high estimate of $1.2 million, Georgia O’Keeffe’s (1887-1986) My Back Yard (1943), which was purchased by the Cincinnati Art Museum for $1.8 million (estimate: $1 million-$1.5 million), George Bellows’ (1882-1925) Splinter Beach (1913), which achieved $1.2 million (estimate: $500,000-$700,000), and Sanford Robinson Gifford’s (1823-1880) Tappan Zee (1879-80), which sold for $1.1 million (estimate: $200,000-$300,000).
