LAMA BLOG

LAMA-Neutra-Drawing-Linn-Residence-October2015

On October 11, 2015, Los Angeles Modern Auctions will offer a striking architectural drawing of the Linn Residence (Los Angeles, 1961) by the groundbreaking modernist Richard Neutra. The house in the Hollywood Hills is a classic example of the architect’s “post and beam boxcars” style of architecture–mating dual long, rectilinear volumes, which Neutra developed during the 1950s and 1960s. The drawing, with its rolling clouds and swath of blue sky, captures the majestic sweep of the place. Vibrant and affecting renderings, like this drawing with watercolor, are a fast-growing segment of the collecting market for modern design. Peter Loughrey, LAMA Director of Modern Design & Fine Art, notes that beyond their value and allure as artifacts, architectural drawings are an excellent choice for collectors because “though you might never own or live in a Neutra house, this could be the next best thing.”

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Chris Ferebee Hollow Table, LAMA Auction October 11, 2015

Los Angeles Modern Auctions is pleased to present a rare and important prototype of designer Chris Ferebee’s 1999 Hollow Table in the upcoming October 11, 2015 Modern Art & Design auction. A multidisciplinary talent, Ferebee is a young star of both contemporary art and design, who makes museum-quality pieces. Recently he spoke with LAMA about his creative process and the inspirations for his designs.

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Ken Price, Up Back, 2000

Los Angeles Modern Auctions is pleased to offer a colorful Ken Price sculpture in the upcoming October 11, 2015 Modern Art & Design Auction. Central to the California Clay Movement, Ken Price was one of the Los Angeles artists whose experimentation in ceramic sculpture revolutionized the medium to high art. In the sixties, at a young age, Price established himself in the emerging art scene with solo shows at the famed Ferus Gallery, in the company of artists and friends such as Billy Al Bengston and Robert Irwin. Price described his early works as reminiscent of “mountain peaks, breasts, eggs, worms, worm trails, the damp undersides of things, intestines, veins and the like.” The sculpture on offer, Up Back, made in 2000, is similar to many of the biomorphic sculptures from the 2000s prominently featured in the exhibition Ken Price Sculpture: A Retrospective at the Los Angeles County Museum of Art, 2012-2013. On the market for the first time, this piece was acquired directly from the artist.

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LAMA-Jean-Prouve-Dactylo-Desk

An artisan, designer, and engineer, Jean Prouvé (1901–1984) was one of the most innovative and influential figures in 20th-century French building and furniture design. Practicality was paramount to Prouvé–his designs are notable both for their economy of means (not a single structural element is superfluous), and resulting graceful forms. This Dactylo desk (the word is French for “typist”) is a classic example of his style. It features a folded enameled steel frame, legs finished with stainless steel sabots, and an oak top. The design is at once efficient, elegant, and effortlessly chic.

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Campana Brothers, Cake stool, LAMA Auction October 2015

Los Angeles Modern Auctions is pleased to announce that our October 2015 Modern Art & Design auction will include two winsome examples of cutting-edge design by Brazilian brothers Fernando and Humberto Campana. With a wide museum exhibition history, their limited-edition pieces are among the most prized by collectors of contemporary design worldwide. LAMA’s sale will include both a Cake stool (designed 2008) and a Harumaki chair (designed 2004)–each a wonderful iteration of the Campana aesthetic: bright and effervescent, representative of the rich and varied cultural life of Brazil and their home city, São Paulo.

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LAMA Unsold May 2015

LAMA’s May 17, 2015 Modern Art & Design Auction was a rousing success with battling bidders, new world record auction prices, and total sales of $3 million. It’s not too late to join the fun, as several important and highly collectible works by the greatest names in modern and contemporary fine art and design are still available for purchase. Peter Loughrey, LAMA’s director and curator of the auction, has chosen six pieces from this group to highlight—masterful works of art by Agnes Martin, Cindy Sherman, and Jenny Holzer; as well as seminal designs by Rudolph M. Schindler, Hans Wegner, and ceramists Gertrud and Otto Natzler.

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Lot 167 Alexander Calder Quatre Blancs 1976

The house was buzzing at the May 17 auction when Los Angeles Modern Auctions (LAMA) realized prices identical to New York auction house results for similar works by Alexander Calder, Andy Warhol, and Pablo Picasso. The top lot was an impressive standing mobile by Alexander Calder that brought $826,250. Additionally, LAMA broke three world auction records for California artists (previously set by LAMA), proving it is the maker of markets as made evident with total auction sales for Sunday’s auction realizing $3 million, selling 119% of the 310 lots by value.

“We are continuing to show the marketplace that sellers no longer have to ship their modern art to New York to get the highest price,” states Peter Loughrey, director of LAMA. “Whether it’s $1,000 or $1,000,000, sellers can get the same price in Los Angeles.”

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