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Swann Afro-Am Sale Comes Up Short

March 1, 2010 by Marion Maneker

Swann held it’s African American sales last week and it did well totaling $1.24 million with 118 of the 162 works finding buyers for a 73% sell-through rate. The sale had been estimated at between $1.3-1.9m without the auction house premium. So Swann’s $1.24m is a little light.

ArtInfo.com ran the results:

  • Barkley Hendricks, Jackie Sha-La-La (Jackie Cameron), sold at $48,000, squarely within its $40,000–60,000 estimate.
  • Jacob Lawrence’s circa 1941-42 gouache on board, Untitled (Two Card Players), went for $42,600
  • David Hammons print from 1977, Untitled (Body Print), which earned a sporty $114,000, beating its $80,000–100,000 estimate with the addition of the buyer’s premium. […] Hammons also scored big with Untitled (Fly Swatter), which was valued at $66,000 when the hammer dropped. It earned the third-place spot for the evening.
  • Malvin Gray Johnson, a member of the Harlem Renaissance, had a striking auction debut, as a collector paid $228,000 for his Swing Low, Sweet Chariot, 1928-29,

Swann’s African American Art Auction Soars (ArtInfo.com)

More from Art Market Monitor

  • Swann African-American Art = $4.5mSwann African-American Art = $4.5m
  • Swann African American = $2.5mSwann African American = $2.5m
  • Swann African American = $1.7mSwann African American = $1.7m
  • Swann African-American = $1.268m
  • Swann Afr-American Charts Feb ’12Swann Afr-American Charts Feb ’12
  • Swann African-American Breaks OutSwann African-American Breaks Out

Filed Under: Auction Results Tagged With: African American, Swann

About Marion Maneker

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