The Artist’s Artist: Ad Reinhardt Black Painting Goes to Auction

June 29, 2016


LOS ANGELES, CA – Los Angeles Modern Auctions (LAMA) is pleased to announce Ad Reinhardt’s Abstract Painting (1958) will go to auction on October 9, 2016. This important painting is from a series of black paintings Reinhardt produced between the years of 1953 and 1967, deemed one of the most influential bodies of work in Modern art.

Paul Kasper Sculptures: Planes in Space

June 22, 2016

Paul Kasper Sculptures

LOS ANGELES – Los Angeles Modern Auctions (LAMA) is pleased to announce a two-day exhibition and buying opportunity in conjunction with its June 25–26, 2016 Warehouse Sale.

Paul Kasper Sculptures: Planes in Space is the first-ever exhibition of a nearly half century of work by Paul C. Kasper, prolific sculptor, landscape architect, photographer, art collector, and patron of the arts.

L.A. Auction House Posts Strong Prices for International Works

May 24, 2016

Lot 200, Sheila Hicks, Untitled, 1975

LOS ANGELES, CA – Los Angeles Modern Auctions (LAMA), champion of California modern and contemporary art and design, achieved top prices for works by local, national, and international artists and designers at auction on May 22, 2016. LAMA set world record prices for Sheila Hicks, a work on paper by Ken Price, and a painting by Jules Olitski from his late period, proving that geography is not a limitation for this boutique auction house, which continues to secure first-rate consignments. The top lot of the auction, a rare Isamu Noguchi Chess Table rose to $137,500, spurred by competitive floor and phone bidding. LAMA’s total auction sales for the Modern Art & Design Auction realized $2 million, selling 112% of the 326 lots by value.

LAMA Announces Date for Spring 2016 Auction

March 29, 2016

Isamu Noguchi Chess Table

LOS ANGELES, CA – Los Angeles Modern Auctions (LAMA), the premier auction house for modern art and design on the West Coast, has announced the date of its Spring auction, which will take place on Sunday, May 22, 2016 at 12pm (PT).

The $1.58 million ‘Joke’– Highest Price Achieved in LAMA’s History

February 23, 2016

Lot 189, Richard Prince, Bedtime Story (1988)

LOS ANGELES, CA – On Sunday, Los Angeles Modern Auctions (LAMA), the boutique auction house dedicated to modern and contemporary fine art and design, set a new company record, selling a single work for the highest price in the company’s 24-year history: Richard Prince’s Bedtime Story (1988) from the seminal Monochromatic Jokes paintings realized $1.585 million. LAMA additionally set world auction records for artists and designers Mary Corse, Fred Eversley, John Lautner, James Gill, and Joe Brainard. LAMA’s total auction sales for the February 21, 2016 Modern Art & Design auction realized $5.1 million, selling 116% of the 419 lots by value.

Frank Lloyd Wright’s Sturges Residence Goes to Auction to Benefit Foundation

January 5, 2016

LAMA-Frank-Lloyd-Wright-Sturges-February 2016

LOS ANGELES, CA – Los Angeles Modern Auctions (LAMA) is honored to announce that the George D. Sturges Residence, designed by Frank Lloyd Wright in 1939, will be auctioned in the upcoming February 21, 2016 Modern Art & Design Auction with a pre-sale estimate of $2,500,000–3,000,000

Important Hollywood Estate Goes to Auction

December 7, 2015

LAMA, Estate of Jack Larson, Frank Lloyd Wright George D. Sturges Residence

Photo Caption: Dining Room of the Frank Lloyd Wright Sturges Residence featuring works by Andy Warhol, David Hockney, Alex Katz, and Frank Lloyd Wright to be sold at auction to benefit The Bridges/Larson Foundation
February 21, 2016 Modern Art & Design Auction at LAMA

LOS ANGELES, CA – Los Angeles Modern Auctions (LAMA) is pleased to announce the sale of property from the Estate of Jack Larson to benefit The Bridges/Larson Foundation. Over 75 lots of fine art, furniture, and even a car, will go to auction on February 21, 2016.

Small Auction House Gets Big Consignments – Prince “Joke” Goes to Auction at $1 Million

October 19, 2015

Richard Prince, Bedtime Story 1988, LAMA Auction February 2016, detail

LOS ANGELES, CA – There may still be a drought in California, however, major works of art continue to flood the market. Specialty auction house Los Angeles Modern Auctions (LAMA) has been consistently representing top tier icons in the past year from blue-chip modern artists such as Alexander Calder and Pablo Picasso, to contemporary stars like Mike Kelley and Vija Celmins. Record setting prices have convinced some important collectors to act locally instead of sending works to New York, which used to be the norm.

LAMA just recently announced a major work by Richard Prince, Bedtime Story (1988) from the series of Monochromatic Joke Paintings, which will be the star lot in their next auction of Important Modern Art & Design in February 2016. With a $1,000,000-2,000,000 pre-sale estimate, it is the highest value work ever offered by the boutique auction house. Asked about his response to some reporters and art insiders expecting the market to drop, Peter Loughrey, director and founder of LAMA says, “Things may be cooling off back East, but the weather out here is just fine.”