May 23, 2010

MODERN ART & DESIGN AUCTION

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MODERN ART & DESIGN AUCTION
May 23, 2010


The March 23, 2010 Modern Art & Design Auction featured a strong selection of modern material from two collections:; rare art and furniture from the personal collection of Elaine K. Sewell Jones and A. Quincy Jones as well as works from GLC Art Co. LLC, Gerard L. Cafesjian, President. The auction totaled $1.67 million (including buyer's premium) selling 64% of the 451 lots available.

Los Angeles-based architect, Archibald Quincy Jones was one of the top Mid-Century Modern architects in America. Jones is most noted for his contribution to post-war housing and large-scale projects that redefined the way people lived within the environment.

Material from the Jones' collection included rare books by George Nelson, Charles Eames, A. Quincy Jones, A. Quincy Jones' own desk that was custom designed for his office circa 1949, vintage signed photographs of A. Quincy Jones buildings taken by the late Julius Shulman, as well as a Charles & Ray Eames designed"Hang-it-all", a gift from Ray Eames. The collection also included over 40 Arts and Architecture magazines, along with personal belongings from their home.

Highlights from GLC Art Co. LLC included a suite of ten Andy Warhol Electric Chairs (Lot 360 est. $150,000 - 200,000, realized $147,000), Francois-Xavier Lalanne Rhinoceros Bleu (Lot 78 est. $25,000 - 35,000, realized $30,625), Francois-Xavier Lalanne pair of seated monkeys Singes Attentifs SI & SII, and Victor Vasarely oil on canvas DVA-DVA.

LAMA offered five lots of screenprints by Andy Warhol, all of which found buyers with a total realizing $216,518.75. Four pieces that stood out as surprises were the Francois-Xavier Lalanne Monkeys, doubling the low estimate of $100,000, realizing $199,062.50. Three other interesting lots that far exceeded their expectations were the Pipsan Saarinen Swanson Group of Outdoor Furniture realizing $14,700 (est. $3,000 - 5,000), Anna Katherine Skeele War Dance realizing $13,475 (est. $3,000 - 5,000), and Charles & Ray Eames"Hang-it-all" realizing $8,575 (est. $2,000 - 3,000).

BID AND FOLLOW ON THE LAMA APP