Art auction market report: October 2003

In October 2003, ArtSell recorded 896 auction lots from 5 auction houses, of which 839 sold (94% sell-through). The 839 sales with a published price total $3,281,462, with a median of $948 (USD at the sale-date rate). The top sale was Zao Wou-ki, “25.9.69”, at $546,896 (Ravenel). 15 artists set a new high compared with every earlier result in the database.

Lots offered

896

5 houses

Sold

839

94% sell-through

Total

$3.3M

839 priced sales

Median

$948

priced sales

Top sales

#	Work	Artist	House · date	Price
1	25.9.69, 1969	Zao Wou-ki	Ravenel · Oct 5, 2003	$546,896 (NT$18,457,500)
2	Taipei Bridge, Tamsui River, 1933	Tan Teng-pho	Ravenel · Oct 5, 2003	$286,226 (NT$9,660,000)
3	ROZPĘDZONY ZAPRZĘG, ok. 1900	Józef Brandt	Agra-Art · Oct 19, 2003	$145,487 (PLN 575,000)
4	Stillleben mit Weinglas und Früchten, 1864	Johann Wilhelm Preyer	Ketterer Kunst · Oct 24, 2003	$115,159 (€97,750)
5	The Scenery of Tamshui, 1980	Dewang Chen	Ravenel · Oct 5, 2003	$105,631 (NT$3,565,000)
6	Chrysanthum, 1988	Lin Fengmian	Ravenel · Oct 5, 2003	$83,483 (NT$2,817,500)
7	Porträt der Lady Louisa Macdonald, 1767	Angelica Kauffmann	Ketterer Kunst · Oct 24, 2003	$74,515 (€63,250)
8	Countryside, 1958	Ran In-ting	Ravenel · Oct 5, 2003	$61,334 (NT$2,070,000)
9	Kobiety we wnętrzu, 1965	Jerzy Nowosielski	Agra-Art · Oct 2, 2003	$38,268 (PLN 149,500)
10	Zamyślona ; Portret Dagny Przybyszewskiej, 1898-9	Stanisław Wyspiański	Agra-Art · Oct 19, 2003	$28,806 (PLN 113,850)
11	Maastik kellatorniga (Kihelkonna), 1913	Konrad Mägi	HAUS Galerii · Oct 23, 2003	$25,724 (€21,826)
12	Scenery at Lakeshore, 1977	Lee Shih-chiao	Ravenel · Oct 5, 2003	$24,534 (NT$828,000)
13	Bird	Lin Chih-chu	Ravenel · Oct 5, 2003	$23,171 (NT$782,000)
14	Return to the Beginning, 1986	Yuyu Yang	Ravenel · Oct 5, 2003	$23,171 (NT$782,000)
15	Unter den Lauben in Thun I, 1914	August Macke	Ketterer Kunst · Oct 24, 2003	$22,354 (€18,975)

Top American artists

Ranked by total of priced sales in the month; region from the artist’s recorded nationality.

Top American artists, October 2003
#	Artist	Total sold	Priced sales	Top result
1	Andy Warhol American	$35,225	4	Mick Jagger — $16,258
2	Lyonel Feininger American	$19,442	2	Ghosties — $18,967
3	George Chann American	$15,674	1	Abstract — $15,674
4	Zygmunt Menkes American	$12,454	2	Owocobranie, lata 30. — $11,639
5	George Grosz German	$11,245	2	Zu "Rachilde", Der Liebessturm — $6,503
6	Walasse Ting American	$8,178	1	Grasshoppers Kitchen — $8,178
7	Alfred Jensen American/Guatemalan	$6,783	2	Żaglowiec na pełnym morzu — $4,074
8	Otto Dix American	$6,639	2	Der Fischer und das Kind — $4,877
9	Chihung Yang American	$3,237	1	Shadow of Flower — $3,237
10	Alexander Archipenko American	$2,845	1	Les Formes Vivantes — $2,845

Top European artists

Top European artists, October 2003
#	Artist	Total sold	Priced sales	Top result
1	Zao Wou-ki French	$555,094	9	25.9.69 — $546,896
2	Józef Brandt Polish	$145,487	1	ROZPĘDZONY ZAPRZĘG — $145,487
3	Johann Wilhelm Preyer German	$115,159	1	Stillleben mit Weinglas und Früchten — $115,159
4	Angelica Kauffmann Swiss	$74,515	1	Porträt der Lady Louisa Macdonald — $74,515
5	Jerzy Nowosielski Polish	$71,489	9	Kobiety we wnętrzu — $38,268
6	Friedensreich Hundertwasser Austrian	$56,360	9	La Barca - Regentag — $9,484
7	Horst Janssen German	$50,956	29	19 Bll. zu: Guardi — $5,690
8	Stanisław Wyspiański Polish	$28,806	1	Zamyślona ; Portret Dagny Przybyszewskiej, 1898-9 — $28,806
9	HAP Grieshaber German	$28,790	6	Totentanz von Basel — $19,645
10	Konrad Mägi Estonian	$25,724	1	Maastik kellatorniga (Kihelkonna) — $25,724

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
Zao Wou-ki	25.9.69 Ravenel	$546,896	$86,007 (15 earlier)
HAP Grieshaber	Totentanz von Basel Ketterer Kunst	$19,645	$13,149 (51 earlier)
Adolf Fleischmann	Composition # 1957 Ketterer Kunst	$18,967	$7,675 (5 earlier)
John Kasyn	Red House Near Baldwin St. Levis Fine Art Auctions	$7,293	$5,066 (6 earlier)
Elmar Kits	Kevad HAUS Galerii	$6,779	$2,568 (4 earlier)
Harmensz. van Rijn Rembrandt	Die kleine Darstellung im Tempel Ketterer Kunst	$5,148	$3,630 (6 earlier)
Francis Bott	Cantique du Soleil Ketterer Kunst	$5,148	$3,237 (3 earlier)
Johannes Võerahansu	Linnavaade HAUS Galerii	$4,896	$3,162 (5 earlier)
Andrus Johani	Pargis HAUS Galerii	$4,820	$1,991 (4 earlier)
Eduard Wiiralt	Haaremis HAUS Galerii	$4,671	$4,107 (9 earlier)
Aleksander Vardi	Pangodi HAUS Galerii	$4,218	$3,068 (9 earlier)
A. Paul Weber	Der Tod stürzt einen Baum herunter Ketterer Kunst	$4,064	$1,869 (18 earlier)
Mac Zimmermann	Tentation de St. Antoine Ketterer Kunst	$3,387	$419 (3 earlier)
Richard Sagrits	Akt HAUS Galerii	$2,637	$2,625 (10 earlier)
Heimrad Prem	Autobild Ketterer Kunst	$2,439	$2,354 (3 earlier)

Auction houses this month

Ketterer Kunst (493)Agra-Art (208)Levis Fine Art Auctions (87)Ravenel (77)HAUS Galerii (31)