Art auction market report: November 2007

In November 2007, ArtSell recorded 2,391 auction lots from 11 auction houses, of which 2,126 sold (89% sell-through). The 2,126 sales with a published price total $69,739,989, with a median of $5,975 (USD at the sale-date rate). The top sale was August Macke, “Frau mit Papagei in einer Landschaft”, at $3,513,118 (Grisebach). 15 artists set a new high compared with every earlier result in the database.

Lots offered

2,391

11 houses

Sold

2,126

89% sell-through

Total

$70M

2,126 priced sales

Median

$6k

priced sales

Top sales

#	Work	Artist	House · date	Price
1	Frau mit Papagei in einer Landschaft, 1914	August Macke	Grisebach · Nov 30, 2007	$3,513,118 (€2,380,000)
2	Vampyr II	Edvard Munch	Grev Wedels Plass Auksjoner · Nov 27, 2007	$2,172,144 (NOK 11,800,000)
3	Drei Reiter mit Lasso	Heinrich Campendonk	Lempertz · Nov 29, 2007	$2,033,844 (€1,380,000)
4	På broen	Edvard Munch	Grev Wedels Plass Auksjoner · Nov 27, 2007	$1,380,600 (NOK 7,500,000)
5	Madonna	Edvard Munch	Grev Wedels Plass Auksjoner · Nov 27, 2007	$1,288,560 (NOK 7,000,000)
6	LES BAIGNEUSES (Die Badenden)	Joseph Vernet	Lempertz · Nov 18, 2007	$1,090,034 (€744,000)
7	Geisha-Revue, 1913	Georg Tappert	Grisebach · Nov 30, 2007	$1,071,501 (€725,900)
8	Le Village	Fernand Léger	Lempertz · Nov 29, 2007	$1,061,136 (€720,000)
9	Bauer, einen Schubkarren ziehend“. 1925-26/1932	Ernst Ludwig Kirchner	Grisebach · Nov 30, 2007	$1,053,935 (€714,000)
10	Sjalusi I	Edvard Munch	Grev Wedels Plass Auksjoner · Nov 27, 2007	$975,624 (NOK 5,300,000)
11	Andreas leser	Edvard Munch	Grev Wedels Plass Auksjoner · Nov 27, 2007	$920,400 (NOK 5,000,000)
12	Jünglinge am Tisch, 1928	Oskar Schlemmer	Grisebach · Nov 30, 2007	$834,366 (€565,250)
13	Sommerlandschaft - Korngarben, Um 1905	Alexej von Jawlensky	Grisebach · Nov 30, 2007	$755,320 (€511,700)
14	Birken am Wannseeufer nach Osten, 1924	Max Liebermann	Grisebach · Nov 30, 2007	$737,755 (€499,800)
15	Vampyr II	Edvard Munch	Grev Wedels Plass Auksjoner · Nov 27, 2007	$736,320 (NOK 4,000,000)

Top American artists

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

Top American artists, November 2007
#	Artist	Total sold	Priced sales	Top result
1	Andy Warhol American	$714,887	13	Ohne Titel (Ms. B and Yucca) — $398,547
2	Lyonel Feininger American	$507,591	12	Railroad Train (Eisenbahnzug) — $212,227
3	Robert Rauschenberg American	$440,171	2	City Pattern (Stadtmuster) - ROCI, Berlin — $439,140
4	Max Ernst German	$397,054	2	La forêt — $386,443
5	Robert Henri American	$396,000	1	Portrait of Miss Louise Getz — $396,000
6	Cy Twombly American	$324,683	3	Roman Notes — $316,181
7	Arman American	$271,012	7	OHNE TITEL (CELLI) — $69,081
8	Manuel Neri American	$253,095	4	Standing Figure — $216,000
9	Joan Brown American	$239,788	3	Al Jolson's "Mammy" #2 — $144,000
10	Claire Falkenstein American	$176,710	5	D.N.A. Molecule, 1970 - 1971 — $150,250

Top European artists

Top European artists, November 2007
#	Artist	Total sold	Priced sales	Top result
1	Edvard Munch Norwegian	$10,542,263	37	Vampyr II — $2,172,144
2	August Macke German	$3,825,269	4	Frau mit Papagei in einer Landschaft — $3,513,118
3	Emil Nolde German	$2,934,202	16	Marschlandschaft (mit Bauernhof unter dunklen Wolken) — $544,533
4	Heinrich Campendonk German	$2,045,340	3	Drei Reiter mit Lasso — $2,033,844
5	Max Beckmann German	$1,685,496	22	Selbstbildnis mit steifem Hut — $324,963
6	Max Liebermann German	$1,607,015	5	Birken am Wannseeufer nach Osten — $737,755
7	Ernst Ludwig Kirchner German	$1,355,683	4	Bauer, einen Schubkarren ziehend“. 1925-26/1932 — $1,053,935
8	Alexej von Jawlensky Russian	$1,179,775	2	Sommerlandschaft - Korngarben — $755,320
9	Oskar Schlemmer German	$1,168,832	4	Jünglinge am Tisch — $834,366
10	Joseph Vernet French	$1,090,034	1	LES BAIGNEUSES (Die Badenden) — $1,090,034

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
August Macke	Frau mit Papagei in einer Landschaft Grisebach	$3,513,118	$326,039 (27 earlier)
Edvard Munch	Vampyr II Grev Wedels Plass Auksjoner	$2,172,144	$741,800 (173 earlier)
Heinrich Campendonk	Drei Reiter mit Lasso Lempertz	$2,033,844	$109,956 (12 earlier)
Georg Tappert	Geisha-Revue Grisebach	$1,071,501	$254,941 (19 earlier)
Ernst Ludwig Kirchner	Bauer, einen Schubkarren ziehend“. 1925-26/1932 Grisebach	$1,053,935	$942,480 (117 earlier)
Oskar Schlemmer	Jünglinge am Tisch Grisebach	$834,366	$239,897 (12 earlier)
Alexej von Jawlensky	Sommerlandschaft - Korngarben Grisebach	$755,320	$570,697 (20 earlier)
Paula Modersohn-Becker	Kopf eines blonden Mädchens mit Zöpfen Grisebach	$667,492	$363,813 (21 earlier)
Kai Fjell	Ung kvinne Grev Wedels Plass Auksjoner	$589,056	$428,652 (109 earlier)
Lovis Corinth	Frau mit Lilien im Treibhaus Grisebach	$526,968	$133,518 (90 earlier)
Max Pechstein	Pappel nach dem Regen Grisebach	$509,402	$303,788 (129 earlier)
Gabriele Münter	Stilleben mit Votivbild Grisebach	$491,837	$428,342 (51 earlier)
Joseph Beuys	SONNENKREUZ Lempertz	$442,830	$174,097 (110 earlier)
Robert Rauschenberg	City Pattern (Stadtmuster) - ROCI, Berlin Grisebach	$439,140	$33,577 (33 earlier)
Karl Schmidt-Rottluff	Nähendes Mädchen Grisebach	$404,009	$248,217 (91 earlier)

Auction houses this month

Lempertz (819)Bonhams (299)Sloans & Kenyon (292)Levis Fine Art Auctions (267)Grisebach (183)SOGA (178)Whyte's (168)Grev Wedels Plass Auksjoner (87)Art+Object (47)Agra-Art (39)Crocker Farm (12)