Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

May Looks for Sam Francis Records

April 5, 2016 by Marion Maneker

Sam Francis, Summer No 1, 1957 (8-12m USD)
Sam Francis, Summer No 1, 1957 (8-12m USD)

Both Sotheby’s and Christie’s will have striking Sam Francis works on offer this May as the houses seek to attract buyers by rotating the market into undervalued names. A second generation Abstract Expressionist formerly seen as a California artist, Francis’s work has been gaining market traction. In 2010, his work “Middle Blue” made $6.35m at Christie’s. Three years ago, Sotheby’s sold a work on paper for $1.14m.

Now both houses are back in the Sam Francis game. Summer #1, 1957 at Sotheby’s is estimated at between $8 and $12m. Getting a sum anywhere near that low estimate would be a record for the artist. Achieving a price at or above the high would double Francis’s best showing.

More from Art Market Monitor

  • UK Art Export Licenses Down 15% to £1.7bnUK Art Export Licenses Down 15% to £1.7bn
  • Sotheby’s Buys Art Agency Partners for $50m + $35m PerformanceSotheby’s Buys Art Agency Partners for $50m + $35m Performance
  • A Little More on PB TheftA Little More on PB Theft
  • What Makes PAD Successful? Location. Curation.What Makes PAD Successful? Location. Curation.
  • The "Product" of Warhol's FactoryThe "Product" of Warhol's Factory
  • The Bad and the Good of BanksyThe Bad and the Good of Banksy

Filed Under: General

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...