Art auction market report: May 2002
In May 2002, ArtSell recorded 811 auction lots from 6 auction houses, of which 770 sold (95% sell-through). The 770 sales with a published price total $4,080,350, with a median of $1,682 (USD at the sale-date rate). The top sale was Alexej von Jawlensky, “Heilandsgesicht”, at $336,794 (Ketterer Kunst). 15 artists set a new high compared with every earlier result in the database.
Lots offered
811
6 houses
Sold
770
95% sell-through
Total
$4.1M
770 priced sales
Median
$1.7k
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 | Edward Cucuel American | $68,411 | 1 | Hochsommer — $68,411 |
| 2 | Leon Bibel American | $43,643 | 10 | CCC Camp — $9,775 |
| 3 | Lyonel Feininger American | $37,889 | 1 | Windmühle — $37,889 |
| 4 | Raymond Jonson American | $36,513 | 3 | Oil No.7 - 1941 — $23,000 |
| 5 | Josef Albers German | $35,650 | 1 | Vice Versa B — $35,650 |
| 6 | Charles Biederman American | $27,600 | 1 | New York, September 1935 — $27,600 |
| 7 | Albert Eugene Gallatin American | $23,000 | 1 | abstraction #114 — $23,000 |
| 8 | Charles Green Shaw American | $20,700 | 2 | Abstract in Black, White and Grey — $14,950 |
| 9 | László Moholy-Nagy American | $16,015 | 5 | Ohne Titel — $9,472 |
| 10 | Sidney Gordin American | $14,950 | 3 | #7 — $12,650 |
Top European artists
| # | Artist | Total sold | Priced sales | Top result |
|---|---|---|---|---|
| 1 | Alexej von Jawlensky Russian | $478,878 | 2 | Heilandsgesicht — $336,794 |
| 2 | Leo Putz Italian | $215,758 | 5 | Auf dem Kahn — $86,303 |
| 3 | Auguste Herbin French | $130,508 | 2 | La Place Maubert — $105,248 |
| 4 | Emil Nolde German | $127,831 | 5 | Porträt einer Frau mit geschlossenen Augen — $84,198 |
| 5 | Marc Chagall Belarusian | $103,446 | 6 | Joie — $94,723 |
| 6 | Frits Thaulow Norwegian | $99,627 | 3 | Fra Slottsparken — $46,661 |
| 7 | Salvador Dalí Spanish | $71,783 | 6 | Devins et sorciers (Dante, Göttliche Komödie, Gesang 20) — $42,099 |
| 8 | Max Ackermann German | $68,619 | 3 | Farbturm II — $38,942 |
| 9 | Ernst Ludwig Kirchner German | $60,518 | 5 | Liebespaar — $24,207 |
| 10 | Philipp Otto Runge German | $58,527 | 1 | 4 Bll. in: Die Vier Tageszeiten (Die Zeiten) — $58,527 |
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 |
|---|---|---|---|
| Alexej von Jawlensky | Heilandsgesicht Ketterer Kunst | $336,794 | $237,394 (3 earlier) |
| Marc Chagall | Joie Ketterer Kunst | $94,723 | $9,940 (13 earlier) |
| Salvador Dalí | Devins et sorciers (Dante, Göttliche Komödie, Gesang 20) Ketterer Kunst | $42,099 | $9,137 (26 earlier) |
| Lyonel Feininger | Windmühle Ketterer Kunst | $37,889 | $1,883 (3 earlier) |
| Lesser Ury | Baumgruppe am Seeufer Ketterer Kunst | $36,837 | $7,847 (3 earlier) |
| Horst Antes | Figure in marcia Ketterer Kunst | $25,260 | $2,724 (6 earlier) |
| Thorolf Holmboe | Pike ved oppdekket havebord Grev Wedels Plass Auksjoner | $22,700 | $8,760 (8 earlier) |
| Letitia Marion Hamilton | TREE Whyte's | $15,450 | $12,911 (7 earlier) |
| Charles Vincent Lamb | LOADING HOOKERS AT QUAYSIDE Whyte's | $14,541 | $8,178 (9 earlier) |
| Cecil Maguire | A START IN THE COUNTRY - GALWAY RACES Whyte's | $13,632 | $4,322 (7 earlier) |
| George Campbell | STILL LIFE WITH SPANISH AND ARAB POTS Whyte's | $12,723 | $10,865 (14 earlier) |
| Pablo Picasso | Le Chandail brodé Ketterer Kunst | $10,525 | $10,114 (24 earlier) |
| Leon Bibel | CCC Camp Wright | $9,775 | $8,050 (4 earlier) |
| László Moholy-Nagy | Ohne Titel Ketterer Kunst | $9,472 | $424 (3 earlier) |
| George Grosz | Straße Ketterer Kunst | $8,420 | $3,662 (3 earlier) |
Auction houses this month
Ketterer Kunst (414)Whyte's (154)Wright (100)James D. Julia (68)Grev Wedels Plass Auksjoner (51)HAUS Galerii (24)