Art auction market report: October 2010
In October 2010, ArtSell recorded 1,904 auction lots from 9 auction houses, of which 1,738 sold (91% sell-through). The 1,738 sales with a published price total $13,729,031, with a median of $2,245 (USD at the sale-date rate). The top sale was Irma Stern, “Gladioli”, at $1,940,232 (Strauss & Co). 15 artists set a new high compared with every earlier result in the database.
Lots offered
1,904
9 houses
Sold
1,738
91% sell-through
Total
$14M
1,738 priced sales
Median
$2.2k
priced sales
Top sales
| # | Work | Artist | House · date | Price |
|---|---|---|---|---|
| 1 | Gladioli | Irma Stern | Strauss & Co · Oct 11, 2010 | $1,940,232 (ZAR 13,368,000) |
| 2 | Koringlande, Agter Paarl | Jacobus Hendrik Pierneef | Strauss & Co · Oct 11, 2010 | $679,081 (ZAR 4,678,800) |
| 3 | Flamingos on the Beach | Maggie Laubser | Strauss & Co · Oct 11, 2010 | $388,046 (ZAR 2,673,600) |
| 4 | Yachts and Houses | Irma Stern | Strauss & Co · Oct 11, 2010 | $388,046 (ZAR 2,673,600) |
| 5 | The Wheel of Life | Stanley Pinker | Strauss & Co · Oct 11, 2010 | $355,709 (ZAR 2,450,800) |
| 6 | Landscape with White Stork | Maggie Laubser | Strauss & Co · Oct 11, 2010 | $258,698 (ZAR 1,782,400) |
| 7 | Tanzfries, 1912 | Ludwig von Hofmann | Ketterer Kunst · Oct 29, 2010 | $238,368 (€172,020) |
| 8 | Figure on a Beach | Irma Stern | Strauss & Co · Oct 11, 2010 | $210,192 (ZAR 1,448,200) |
| 9 | Ukrižovanie, okolo 1939-42 | Ľudovít Fulla | SOGA · Oct 5, 2010 | $146,757 (€106,500) |
| 10 | Still Life With Figs | Cecil Skotnes | Strauss & Co · Oct 11, 2010 | $137,433 (ZAR 946,900) |
| 11 | Akt ženy, 1932 | Július Jakoby | SOGA · Oct 5, 2010 | $135,044 (€98,000) |
| 12 | Lazing in the Sand Dunes | Stanley Pinker | Strauss & Co · Oct 11, 2010 | $121,264 (ZAR 835,500) |
| 13 | Májové ráno, 1950 | Ľudovít Fulla | SOGA · Oct 5, 2010 | $110,240 (€80,000) |
| 14 | Pobožnosť v horách, 1931 | Miloš Alexander Bazovský | SOGA · Oct 5, 2010 | $104,728 (€76,000) |
| 15 | Durban | Pieter Wenning | Strauss & Co · Oct 11, 2010 | $97,012 (ZAR 668,400) |
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 | Andy Warhol American | $149,869 | 13 | Mao — $36,750 |
| 2 | Roy Lichtenstein American | $68,869 | 5 | The Living Room (from Interior Series) — $36,750 |
| 3 | Lyonel Feininger American | $48,449 | 4 | Six Manikins — $21,249 |
| 4 | Jasper Johns American | $40,452 | 5 | 0 Through 9 (ULAE 189) — $14,700 |
| 5 | Ed Ruscha American | $32,402 | 5 | Vowel #58 U (from Vowels: Paintings on Book Covers) — $18,375 |
| 6 | Edward Cucuel American | $29,749 | 2 | Dame am See — $24,649 |
| 7 | Robert Indiana American | $26,950 | 1 | Numbers (0-9) — $26,950 |
| 8 | Thomas Hart Benton American | $23,275 | 1 | Mining Village — $23,275 |
| 9 | Frank Stella American | $19,322 | 4 | Los Alamitos — $6,432 |
| 10 | Frank Gehry American | $17,763 | 3 | Pair of lounge chairs — $9,800 |
Top European artists
| # | Artist | Total sold | Priced sales | Top result |
|---|---|---|---|---|
| 1 | Ľudovít Fulla Czech | $259,133 | 5 | Ukrižovanie — $146,757 |
| 2 | Ludwig von Hofmann German | $238,368 | 1 | Tanzfries — $238,368 |
| 3 | Pablo Picasso Spanish | $216,295 | 25 | Woman with Flowery Hat — $22,663 |
| 4 | Július Jakoby Slovak | $172,250 | 2 | Akt ženy — $135,044 |
| 5 | Edward Theodore Compton British | $134,230 | 6 | Blick auf den Großglockner vom Großen Wiesbachhorn — $74,384 |
| 6 | Miloš Alexander Bazovský Czech | $120,988 | 2 | Pobožnosť v horách — $104,728 |
| 7 | Eduard von Grützner German | $86,218 | 1 | Sillleben mit Pfingstrosen — $86,218 |
| 8 | Bruno Paul Seener German | $83,637 | 2 | Die drei Grazien — $81,598 |
| 9 | Joan Miró Spanish | $78,431 | 11 | Aus: Oda à Joan Miró — $15,300 |
| 10 | Franz Defregger Austrian | $73,201 | 2 | Strickende Bäuerin mit Buben — $64,241 |
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 |
|---|---|---|---|
| Irma Stern | Gladioli Strauss & Co | $1,940,232 | $961,369 (14 earlier) |
| Jacobus Hendrik Pierneef | Koringlande, Agter Paarl Strauss & Co | $679,081 | $98,964 (19 earlier) |
| Maggie Laubser | Flamingos on the Beach Strauss & Co | $388,046 | $117,487 (15 earlier) |
| Stanley Pinker | The Wheel of Life Strauss & Co | $355,709 | $78,672 (3 earlier) |
| Ludwig von Hofmann | Tanzfries Ketterer Kunst | $238,368 | $36,888 (45 earlier) |
| Július Jakoby | Akt ženy SOGA | $135,044 | $37,689 (8 earlier) |
| Miloš Alexander Bazovský | Pobožnosť v horách SOGA | $104,728 | $33,327 (46 earlier) |
| Pieter Wenning | Durban Strauss & Co | $97,012 | $94,194 (4 earlier) |
| Eduard von Grützner | Sillleben mit Pfingstrosen Ketterer Kunst | $86,218 | $25,496 (6 earlier) |
| Edward Theodore Compton | Blick auf den Großglockner vom Großen Wiesbachhorn Ketterer Kunst | $74,384 | $45,966 (15 earlier) |
| Franz Defregger | Strickende Bäuerin mit Buben Ketterer Kunst | $64,241 | $50,991 (9 earlier) |
| William Kentridge | Dutch Iris 2 Strauss & Co | $61,441 | $50,237 (12 earlier) |
| Michal Jakabčic | Zelená noc - sen SOGA | $53,053 | $24,685 (4 earlier) |
| Gertrud and Otto Natzler | Glazed bowl Los Angeles Modern Auctions (LAMA) | $39,813 | $19,200 (19 earlier) |
| Dieter Krieg | Ohne Titel (Kotelett im Schlaufe) Ketterer Kunst | $32,299 | $21,932 (8 earlier) |
Auction houses this month
Ketterer Kunst (507)Los Angeles Modern Auctions (LAMA) (328)Whyte's (265)Levis Fine Art Auctions (256)SOGA (227)Strauss & Co (166)Agra-Art (145)HAUS Galerii (7)Artmark (3)