Art auction market report: August 2007
In August 2007, ArtSell recorded 454 auction lots from 4 auction houses, of which 353 sold (78% sell-through). The 353 sales with a published price total $5,864,758, with a median of $4,600 (USD at the sale-date rate). The top sale was E. Charlton Fortune, “Mending Nets”, at $480,000 (Bonhams). 15 artists set a new high compared with every earlier result in the database.
Lots offered
454
4 houses
Sold
353
78% sell-through
Total
$5.9M
353 priced sales
Median
$4.6k
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 | Maynard Dixon American | $654,000 | 6 | Toward Arizona (No.520) — $180,000 |
| 2 | Granville Redmond American | $624,000 | 2 | A Field of California Poppies — $420,000 |
| 3 | Edgar Alwin Payne American | $517,200 | 6 | Lake in the Sierras 28 x 34in — $264,000 |
| 4 | E. Charlton Fortune American | $513,000 | 2 | Mending Nets — $480,000 |
| 5 | Maurice Brazil Prendergast American | $234,000 | 2 | Two Women Seated with Parasols in a Park — $204,000 |
| 6 | Alson S. Clark American | $228,000 | 2 | Bridge Builders — $204,000 |
| 7 | Paul de Longpré American | $165,600 | 2 | Bouquet of Pink and White Peonies — $144,000 |
| 8 | John Marshall Gamble American | $154,925 | 2 | Wild Heliotrope near Laguna Beach — $144,000 |
| 9 | Percy Gray American | $154,800 | 8 | Carmel Valley — $30,000 |
| 10 | Armin Carl Hansen American | $139,800 | 2 | Monterey Fishermen — $132,000 |
Top European artists
| # | Artist | Total sold | Priced sales | Top result |
|---|---|---|---|---|
| 1 | Raoul Dufy French | $29,900 | 1 | Inner City Harbor — $29,900 |
| 2 | Jean Mannheim German | $17,100 | 3 | Before the Storm - Laguna (No.304) — $6,600 |
| 3 | Vanessa Bell British | $11,500 | 1 | Bridges Crossing the Thames — $11,500 |
| 4 | Geer van Velde Dutch | $6,325 | 1 | Colorful Abstract — $6,325 |
| 5 | Chaïm Soutine Russian | $6,000 | 1 | French Village — $6,000 |
| 6 | J. C. Durand British | $5,750 | 1 | Flushing the Pheasant — $5,750 |
| 7 | Anton Otto Fischer German | $5,175 | 1 | Coastline in Summer — $5,175 |
| 8 | Frode Nielsen Dann Danish | $3,900 | 1 | Colorado Street Bridge, Pasadena — $3,900 |
| 9 | Jules Moigniez French | $3,162 | 1 | Pheasant — $3,162 |
| 10 | Jerzy Nowosielski Polish | $2,787 | 1 | DANAE — $2,787 |
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).
Auction houses this month
Bonhams (237)James D. Julia (171)Agra-Art (45)Bolsa de Arte (1)