{"id":40401,"date":"2020-08-31T09:00:56","date_gmt":"2020-08-31T13:00:56","guid":{"rendered":"https:\/\/rehs.com\/eng\/?p=40401"},"modified":"2020-08-29T17:57:42","modified_gmt":"2020-08-29T21:57:42","slug":"american-art-christies","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2020\/08\/american-art-christies\/","title":{"rendered":"American Art – Christie’s"},"content":{"rendered":"
\"faces<\/a>

Mary Cassatt\u2019s Two Little Sisters<\/p><\/div>\n

More than a month later (August 7th), Christie\u2019s presented their American painting sale \u2026 and overall, this one was far less successful.<\/p>\n

\"sculpture<\/a>

Elie Nadelman\u2019s Kneeling Dancer<\/p><\/div>\n

The most expensive lot in the sale was Mary Cassatt\u2019s Two Little Sisters<\/em> that brought $420K ($519 w\/p \u2013 est. $400-600K) \u2013 it was also the lot with the highest estimate. Taking the number two position were two lots: Elie Nadelman\u2019s Kneeling Dancer<\/em> (est $350-550K) and Nicolai Fechin\u2019s Abuelo<\/em> (est$120-180K) each bringing $200K ($250K w\/p). As you will note, the Nadelman came in well below its estimate while the Fechin went over). Third place was captured by Willard Metcalf\u2019s Green Idleness<\/em> at $190K ($237.5K w\/p \u2013 est. $200-300K).<\/p>\n

\"picture<\/a>

Nicolai Fechin\u2019s Abuelo<\/p><\/div>\n

Rounding out the top five were Elie Nadleman\u2019s Head of a Woman<\/em> at $175K ($212.5K w\/p \u2013 est. $20-300K), and there was a tie for 5th with Nicolai Fechin\u2019s Amoset<\/em> (est. $150-250K) and James McNeill Whistler\u2019s St. Ives: The Beach<\/em> (est. $80-120K) each bringing $140K ($175K w\/p).<\/p>\n

Among the works that did not find buyers were Farny\u2019s Mountain Pass<\/em> (est. $300-500K), Prendergast\u2019s Ponte Gianbattista-Gallucioli<\/em> (est. $200-300K), and Milton Avery\u2019s Lavender Beach<\/em> (est. $100-150K).<\/p>\n

By the end, of the 87 works offered, 65 found buyers (74.7% – pretty close to the Sotheby\u2019s sale), and the total take was $3.97M w\/p (far less than the competition). The low end of the presale estimate range was $4.45M, so they fell well short of expectations.<\/p>\n

One of the biggest difference between the two sales were the level of art offered. Sotheby\u2019s had very few inexpensive lots \u2013 only 5 with estimates below $30K, while the Christie\u2019s sale had 47 lots below $30k. When it came to the American works, Sotheby\u2019s was the clear winner.<\/p>\n","protected":false},"excerpt":{"rendered":"

More than a month later (August 7th), Christie\u2019s presented their American painting sale \u2026 and overall, this one was far less successful. The most expensive lot in the sale was Mary Cassatt\u2019s Two Little Sisters that brought $420K ($519 w\/p … More…<\/a><\/p>\n","protected":false},"author":21,"featured_media":40403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[72,207,20],"class_list":["post-40401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-contemporary","tag-american-art","tag-auction-news","tag-auction-results"],"yoast_head":"\nAmerican Art - Christie's - Rehs Galleries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2020\/08\/american-art-christies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Art - Christie's\" \/>\n<meta property=\"og:description\" content=\"More than a month later (August 7th), Christie\u2019s presented their American painting sale \u2026 and overall, this one was far less successful. 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