An American Art Auction at Sotheby's Today
So maybe we've gone completely MAD here at MAO, or maybe the effects of the Contemporary Art Cool-Aid we were drinking last week at the Armory show finally wore off.. but some of these American Art Auction pre-sale price estimates at todays Sotheby's auction look very low compared to recent
absurd Contemporary Art prices.
After going weeks at only seeing
still wet new paintings by 25 year old MFA grads being sold by trendy art dealers named Zach or Oliver over the local taxi garages of Chelsea for $30,000, we were a little shocked by the low estimates during this auction preview.
The auction is today at 2pm, at Sothebys, and they have some real gems at very reasonable estimates. Take a look at these 2 examples.
Lot 14. Milton Avery, 1885-1965, PORTRAIT OF JANE KOOTZ 1944, 24 x 18 inches, Oil on Canvas Board, $ 10,000—15,000 USD (Photo #1)
This Southey's auction also includes a cool Marsden Hartley drawing for $4,000 to 6,000, a beautiful Paul Cadmus drawing for $6,000 to 9,000, and then there's even some amazing Hudson River School paintings (Just one example by Sanford Gifford) with estimates of $25,000 to $45,000.. seems like good relative value.. no?
But then again, who'd ever want one of these old dead artist works, when you could buy a big editioned photo, numbered 1 of 6, by Candida Hofer for twice the money!! Crazy...NO?
Oh.. and by the way.. for those still completely addicted to
over priced Contemporary Art, there's this cool new Pictures of Pigment Series by Vik Muniz, After Cezanne print now available from the Lambert Collection for sale for only 2,500 Euro's. Very nice.. we at MAO already bought one... And a big MAO thanks to new blogger David Greenblatt for pointing this sweet deal out.