Art auction market report: October 2001
In October 2001, ArtSell recorded 709 auction lots from 5 auction houses, of which 659 sold (93% sell-through). The 659 sales with a published price total $2,175,988, with a median of $1,750 (USD at the sale-date rate). The top sale was Gerhard Richter, “Abstraktes Bild”, at $116,481 (Ketterer Kunst). 15 artists set a new high compared with every earlier result in the database.
Lots offered
709
5 houses
Sold
659
93% sell-through
Total
$2.2M
659 priced sales
Median
$1.8k
priced sales
Top sales
Top American artists
Ranked by total of priced sales in the month; region from the artist’s recorded nationality.
| # | Artist | Total sold | Priced sales | Top result |
|---|---|---|---|---|
| 1 | Isamu Noguchi American | $32,660 | 6 | stool — $23,000 |
| 2 | Paul McCobb American | $16,102 | 12 | dining chairs, set of six — $3,450 |
| 3 | Harry Bertoia American | $15,180 | 4 | untitled (Sonambient) — $11,500 |
| 4 | Robert Motherwell American | $14,375 | 5 | Naples Yellow Open — $4,025 |
| 5 | Ray Eames American | $8,050 | 1 | magazine table — $8,050 |
| 6 | Zygmunt Menkes American | $7,826 | 1 | Martwa natura — $7,826 |
| 7 | Frank Lloyd Wright American | $5,980 | 3 | cabinet — $4,025 |
| 8 | Frank Egginton British | $5,718 | 2 | BALLINAHINCH RIVER — $4,201 |
| 9 | Robert Indiana American | $5,349 | 6 | Polygon #3 Octagon — $1,380 |
| 10 | Helen Frankenthaler American | $3,450 | 1 | Solar Imp — $3,450 |
Top European artists
| # | Artist | Total sold | Priced sales | Top result |
|---|---|---|---|---|
| 1 | Gerhard Richter German | $116,481 | 1 | Abstraktes Bild — $116,481 |
| 2 | Jack Butler Yeats Irish | $83,106 | 3 | SWEETS, TOBACCO, BLOOD AND THUNDER — $49,024 |
| 3 | Daniel O'Neill Irish | $71,491 | 5 | PADDLERS, COUNTY KERRY — $31,515 |
| 4 | Verner Panton Danish | $42,350 | 25 | Geometri rug (Geometri I) — $4,600 |
| 5 | Tony O'Malley Irish | $42,019 | 2 | BLACL LINE - YELLOW LINE, MAGUEZ — $24,511 |
| 6 | Michał Gorstkin-Wywiórski Polish | $41,924 | 1 | W stepie — $41,924 |
| 7 | Stanisław Wyspiański Polish | $36,334 | 1 | Macierzyństwo — $36,334 |
| 8 | George K. Gillespie British | $36,298 | 7 | ANTRIM GLENS AND GLENDUN RIVER, COUNTY ANTRIM — $6,536 |
| 9 | Józef Brandt Polish | $34,937 | 1 | Zaloty — $34,937 |
| 10 | Gio Ponti Italian | $34,616 | 5 | display cabinet, model 2140 — $17,250 |
New artist records
The artist’s best price this month exceeded every earlier priced result for them in the ArtSell database (artists with at least three earlier priced results).
| Artist | Work | Price | Previous high |
|---|---|---|---|
| Jack Butler Yeats | SWEETS, TOBACCO, BLOOD AND THUNDER Whyte's | $49,024 | $4,846 (6 earlier) |
| Michał Gorstkin-Wywiórski | W stepie Agra-Art | $41,924 | $33,626 (3 earlier) |
| Charles and Ray Eames | ESU 420-N Wright | $33,350 | $19,550 (15 earlier) |
| Daniel O'Neill | PADDLERS, COUNTY KERRY Whyte's | $31,515 | $17,525 (3 earlier) |
| Tony O'Malley | BLACL LINE - YELLOW LINE, MAGUEZ Whyte's | $24,511 | $8,762 (4 earlier) |
| Harry Kernoff | THE GREEN DOOR Whyte's | $17,508 | $10,515 (8 earlier) |
| Edward Wormley | Janus side table Wright | $11,500 | $9,200 (9 earlier) |
| Arredoluce | three arm lamp Wright | $7,475 | $5,463 (3 earlier) |
| William Percy French | GLENVEIGH, COUNTY DONEGAL Whyte's | $6,536 | $6,455 (6 earlier) |
| Joan Miró | L'oiseau Mongol (Mongolian Bird) Wright | $4,600 | $2,631 (9 earlier) |
| Gladys Maccabe | GOING TO MASS Whyte's | $4,318 | $3,228 (8 earlier) |
| Frank Egginton | BALLINAHINCH RIVER Whyte's | $4,201 | $4,026 (3 earlier) |
| Wiktor Korecki | Struga polna Agra-Art | $3,913 | $3,135 (13 earlier) |
| Berndt Friberg | studio vase Wright | $3,738 | $345 (3 earlier) |
| Paul McCobb | dining chairs, set of six Wright | $3,450 | $3,105 (3 earlier) |
Auction houses this month
Wright (448)Whyte's (184)Agra-Art (53)HAUS Galerii (23)Ketterer Kunst (1)