Led by NC Wyeth’s illustration of Robinson Crusoe which sold for $353k or nearly three times the high estimate, Freeman’s Spring sale of American Art and Pennsylvania Impressionists had strong sales of $3.4m. The 125-lot sale reflects the growing pace of sales in American art, a category nearly left for dead recently:
Freeman’s has witnessed tremendous growth within this collecting category since separating their Fine American & European Art auction into two specialty sales in 2013. The average lot value for American Art & Pennsylvania Impressionists works has increased 276%, while final sale results have doubled to 240% with fewer lots offered in each auction.
More from Art Market Monitor
Drouot Wants to Modernise as Sotheby’s and Art Curial Dominate Market
Sotheby’s Old Master Painting and Sculpture =$67m
Helly Nahmad Pleads Guilty to Gambling, Pay $6.6m
Artelligence Podcast: David Norman Goes Behind the Scenes on November Imp-Mod Sales
Si Newhouse’s Francis Bacon Study Offered at Christie’s
A Banksy Gets Bought to Be Destroyed
