Art auction market report: February 2009

In February 2009, ArtSell recorded 393 auction lots from 4 auction houses, of which 290 sold (74% sell-through). The 290 sales with a published price total $782,232, with a median of $856 (USD at the sale-date rate). The top sale was Raymond Parker 1922-1990, “untitled”, at $36,250 (Wright). 5 artists set a new high compared with every earlier result in the database.

Lots offered
393
4 houses
Sold
290
74% sell-through
Total
$782k
290 priced sales
Median
$856
priced sales

Top sales

#WorkArtistHouse · datePrice
1untitled, 1959Raymond Parker 1922-1990Wright · Feb 26, 2009$36,250
2Irregular Form, 1997Sol LeWitt 1928-2007Wright · Feb 26, 2009$35,000
3Mao, 1972Andy WarholWright · Feb 26, 2009$31,250
4untitled (lion), 1984Stephan Balkenhol b. 1957Wright · Feb 26, 2009$27,500
5Starry Nite, 1988Ed PaschkeWright · Feb 26, 2009$22,500
6Mother and Child: Rock, 1982Henry MooreWright · Feb 26, 2009$22,500
7Midmorning in JuneCharles E. BurchfieldSloans & Kenyon · Feb 6, 2009$21,000
8Falling Man, c. 1972Ernest TrovaWright · Feb 26, 2009$18,750
9Vibralite, 1961Yaacov AgamWright · Feb 26, 2009$18,750
10$ 1, 1981Andy WarholWright · Feb 26, 2009$17,500
1118 Colors (Cincinnati), 1979-82Ellsworth Kelly b. 1923Wright · Feb 26, 2009$16,250
12Orangutan (from Endangered Species), 1983Andy WarholWright · Feb 26, 2009$16,250
13untitled (Wavy Lines), 2003Sol LeWitt 1928-2007Wright · Feb 26, 2009$16,250
14Light in Itself, 1979Sam FrancisWright · Feb 26, 2009$15,000
15untitled, 1964Thomas DowningWright · Feb 26, 2009$12,188

Top American artists

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

Top American artists, February 2009
#ArtistTotal soldPriced salesTop result
1Andy Warhol
American
$65,8134Mao — $31,250
2Charles E. Burchfield
American
$25,6002Midmorning in June — $21,000
3Ed Paschke
American
$22,5001Starry Nite — $22,500
4Thomas Downing
American
$21,5632untitled — $12,188
5Ernest Trova
American
$20,7502Falling Man — $18,750
6Willem de Kooning
American
$20,7503untitled (from Quatre Lithographies) — $9,375
7Sam Francis
American
$15,0001Light in Itself — $15,000
8Ralph Albert Blakelock
American
$12,0751Indian Camp — $12,075
9Martha Walter
American
$10,3501The Museum Entrance — $10,350
10Nan Goldin
American
$10,0002Self-portrait in the mirror, Hotel Baur, Zürich, 1998 — $5,000

Top European artists

Top European artists, February 2009
#ArtistTotal soldPriced salesTop result
1Henry Moore
British
$22,5001Mother and Child: Rock — $22,500
2Théodore Rousseau
French
$10,0001Pastoral Landscape with Cattle — $10,000
3Salvador Dalí
Spanish
$7,2502Untitled — $5,250
4Michele Cascella
Italian
$7,0001Piazza Dei Cavalieri Di Malta — $7,000
5Yannis Kounellis
Greek
$6,2501untitled — $6,250
6Jerzy Duda-Gracz
Polish
$5,6572Obraz 970 (holenderski) — $5,032
7Luc Tuymans
Belgian
$3,6252The Worshipper — $2,125
8Thomas Demand
German
$2,7501Bullion — $2,750
9Alexei Vasilievich Hanzen
Russian
$2,2001Rocky Coast with White Caps — $2,200
10Jean-Baptiste Monnoyer
French
$2,0001Tulips — $2,000

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).

ArtistWorkPricePrevious high
Ed PaschkeStarry Nite Wright$22,500$4,130 (3 earlier)
Ernest TrovaFalling Man Wright$18,750$7,560 (12 earlier)
Yaacov AgamVibralite Wright$18,750$4,700 (9 earlier)
Grzegorz LewackiPejzaż z błękitnymi kulami Agra-Art$596$575 (4 earlier)
Kaiko MotiEvening Passage Sloans & Kenyon$450$358 (3 earlier)

Auction houses this month

Sloans & Kenyon (150)James D. Julia (101)Wright (96)Agra-Art (46)

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