Art auction market report: November 2004
In November 2004, ArtSell recorded 1,417 auction lots from 9 auction houses, of which 1,236 sold (87% sell-through). The 1,236 sales with a published price total $8,796,596, with a median of $1,722 (USD at the sale-date rate). The top sale was Zao Wou-ki, “12. 04. 60”, at $515,743 (Ravenel). 15 artists set a new high compared with every earlier result in the database.
Lots offered
1,417
9 houses
Sold
1,236
87% sell-through
Total
$8.8M
1,236 priced sales
Median
$1.7k
priced sales
Top sales
| # | Work | Artist | House · date | Price |
|---|---|---|---|---|
| 1 | 12. 04. 60, 1960 | Zao Wou-ki | Ravenel · Nov 14, 2004 | $515,743 (NT$17,010,000) |
| 2 | Temps diver, 1987 | Chu Teh-chun | Ravenel · Nov 14, 2004 | $498,764 (NT$16,450,000) |
| 3 | 8. 6. 2003, 2003 | Zao Wou-ki | Ravenel · Nov 14, 2004 | $328,972 (NT$10,850,000) |
| 4 | A TREE IN A FIELD | Roderic O'Conor | Whyte's · Nov 30, 2004 | $259,253 (€195,000) |
| 5 | Tapestry-like Abstraction | George Chann | Ravenel · Nov 14, 2004 | $210,118 (NT$6,930,000) |
| 6 | A VILLAGE IN CONNEMARA, circa 1922-29 | Paul Henry | Whyte's · Nov 30, 2004 | $159,540 (€120,000) |
| 7 | BLUMENSTILLEBEN. | Rachel Ruysch | Lempertz · Nov 21, 2004 | $139,444 (€107,100) |
| 8 | Abstract, 1959 | Chu Teh-chun | Ravenel · Nov 14, 2004 | $121,644 (NT$4,012,000) |
| 9 | IN DER CAMPAGNA. | Carl Blechen | Lempertz · Nov 21, 2004 | $105,358 (€80,920) |
| 10 | Sommerdag, Holmsbu, 1916 | Thorvald Erichsen | Grev Wedels Plass Auksjoner · Nov 29, 2004 | $101,773 (NOK 620,000) |
| 11 | Old Residences at East Port, 1975 | Liāu Kè-chhun | Ravenel · Nov 14, 2004 | $100,177 (NT$3,304,000) |
| 12 | Sunrise, Yeh-liu | Sanlang Yang | Ravenel · Nov 14, 2004 | $82,288 (NT$2,714,000) |
| 13 | Brevet, 1974 | Jens Johannessen | Grev Wedels Plass Auksjoner · Nov 29, 2004 | $82,075 (NOK 500,000) |
| 14 | FARMYARD COUNTY ANTRIM, c.1950-53 | Frank McKelvey | Whyte's · Nov 30, 2004 | $79,770 (€60,000) |
| 15 | THE OVERFLOW OF THE CANAL 1942 | Jack Butler Yeats | Whyte's · Nov 30, 2004 | $79,770 (€60,000) |
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 | George Chann American | $220,135 | 2 | Tapestry-like Abstraction — $210,118 |
| 2 | Thomas Moran American | $22,425 | 1 | A Woodland Stroll — $22,425 |
| 3 | Tseng Yu-ho American | $15,742 | 1 | The Cragginess — $15,742 |
| 4 | Frank Egginton British | $15,422 | 2 | NEAR OUGHTERARD, CONNEMARA — $8,509 |
| 5 | John Kingerlee American | $9,307 | 1 | KILCATHERINE, COUNTY CORK — $9,307 |
| 6 | Patrick Scott American | $7,977 | 1 | JANUARY — $7,977 |
| 7 | Marcel Breuer American | $6,870 | 1 | A Long Chair — $6,870 |
| 8 | Pál Fried Hungarian | $5,309 | 2 | Paulette — $3,378 |
| 9 | John Way American | $3,399 | 1 | Abstract — $3,399 |
| 10 | André Kertész American | $2,475 | 1 | Walking — $2,475 |
Top European artists
| # | Artist | Total sold | Priced sales | Top result |
|---|---|---|---|---|
| 1 | Zao Wou-ki French | $844,715 | 2 | 12. 04. 60 — $515,743 |
| 2 | Edvard Munch Norwegian | $265,923 | 20 | Birgitte III — $49,245 |
| 3 | Roderic O'Conor Irish | $259,253 | 1 | A TREE IN A FIELD — $259,253 |
| 4 | Paul Henry Irish | $215,379 | 2 | A VILLAGE IN CONNEMARA — $159,540 |
| 5 | Kai Fjell Norwegian | $145,273 | 3 | Presentasjon — $77,151 |
| 6 | Rachel Ruysch Dutch | $139,444 | 1 | BLUMENSTILLEBEN. — $139,444 |
| 7 | Frank McKelvey Irish | $119,655 | 3 | FARMYARD COUNTY ANTRIM — $79,770 |
| 8 | Carl Blechen German | $105,358 | 1 | IN DER CAMPAGNA. — $105,358 |
| 9 | Thorvald Erichsen Norwegian | $101,773 | 1 | Sommerdag, Holmsbu — $101,773 |
| 10 | Markey Robinson British | $82,296 | 11 | VILLAGE WITH WOMAN AND CHILD ON A PATH — $25,261 |
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 |
|---|---|---|---|
| Roderic O'Conor | A TREE IN A FIELD Whyte's | $259,253 | $84,802 (4 earlier) |
| Paul Henry | A VILLAGE IN CONNEMARA Whyte's | $159,540 | $128,898 (3 earlier) |
| Thorvald Erichsen | Sommerdag, Holmsbu Grev Wedels Plass Auksjoner | $101,773 | $37,033 (11 earlier) |
| Jens Johannessen | Brevet Grev Wedels Plass Auksjoner | $82,075 | $51,355 (16 earlier) |
| Jack Butler Yeats | THE OVERFLOW OF THE CANAL 1942 Whyte's | $79,770 | $49,024 (25 earlier) |
| Kai Fjell | Presentasjon Grev Wedels Plass Auksjoner | $77,151 | $34,905 (53 earlier) |
| Odd Nerdrum | Morgen på Citadellet Grev Wedels Plass Auksjoner | $75,509 | $9,390 (7 earlier) |
| Flemish School | BAUMBESTANDENE LANDSCHAFT MIT EINEM DORF. Lempertz | $66,623 | $16,100 (4 earlier) |
| Peder Balke | Utsyn over Christiania sett fra Ekeberg, måneskinn Grev Wedels Plass Auksjoner | $65,660 | $48,788 (12 earlier) |
| Galle | Marquetry Vase James D. Julia | $60,375 | $25,300 (140 earlier) |
| Wilhelm Busch | WEINENDER JUNGE. Lempertz | $40,284 | $9,666 (3 earlier) |
| Handel | Cattail Table Lamp James D. Julia | $40,250 | $18,300 (21 earlier) |
| James Arthur O'Connor | TRAVELLERS ON A PATH THROUGH A VALLEY WITH LAKE AND RUINS Whyte's | $37,226 | $13,027 (3 earlier) |
| Daum | Rain Scene Lamp James D. Julia | $35,650 | $15,525 (122 earlier) |
| Nikolai Ulfsten | Fra Lista Grev Wedels Plass Auksjoner | $34,472 | $31,528 (4 earlier) |
Auction houses this month
Levis Fine Art Auctions (299)Whyte's (236)SOGA (174)Bonhams (166)James D. Julia (152)Agra-Art (144)Grev Wedels Plass Auksjoner (103)Ravenel (88)Lempertz (55)