Work by Jean-Michel Basquiat Triumphs Past All Expectations Achieving $498,000 at Clars May 2017 Sale

07 Jun

Jean-Michel Basquiat
(American 1960-1988),
Untitled (Arto Lindsay),
1982, oil stick on paper,
14” x 11”

Oakland, CA, 20 & 21 – May 2017 – On May 20 & 21, 2017, Clars Auction Gallery hosted an important sale that featured exceptional works in fine art from prominent artists around the world. The art world took note of this sale and competed vigorously for several of these works driving prices well over high estimates. The sale offered important property from several major museums, collections and estates. Overall, this two-day sale realized $2.5 million. After the sale, Redge Martin, President of Clars commented, “ The staff worked hard to obtain an exceptional group of items for our major May auction, particularly fine art. Many of the important pieces came from clients who’d been pleased with results we’d gotten for them previously.”

Fine Art
The most anticipated work offered on May 21st was Untitled (Arto Lindsay), by Jean-Michel Basquiat (American, 1960-1988). While Basquiat created this portrait of fellow New Yorker and musician Arthur Morgan Lindsay (Arto) in1982, it has been in private hands since 2001. The response to this work was tremendous, and within minutes, furious bidding from the floor, nine phone bidders and Internet drove the piece to an astounding price of $497,750.

Blanche Hoschede Monet,
(French, 1865-1947),
“Le Petit Pont Japonais a Giverny,”
oil on canvas,
29″ x 36″

The impressive prices didn’t end with Basquiat as bidders kept up a furious pace amongst many genres. An oil on canvas by the daughter-in-law of Claude Monet, the famous French Impressionist painter, Blanche Hoschede Monet (French 1865-1947) created the next work to sell for a notable amount. Blanche’s painting of the small Japanese bridge on the pond, which Claude Monet built in homage to Japanese woodblock prints, titled, Le Petit Pont Japonais a Giverny, was estimated to achieve $90,000 but landed nicely above estimate at $97,000. (Provenance: Private Collection of Jean Michel Lopez, Paris, France)

The untitled oil on canvas by Sohrab Sepehri (Iranian, 1928-1980) continued this trend coming to the sale with high estimate of $70,000 but achieving well past that going out at $94,500. Performing similarly was Sonache, 1957, an oil on paper by Indian artist Syed Haider Raza (Indian, 1922-2016) which flew past its estimate selling for $84,700.

Sohrab Sepehri
(Iranian, 1928-1980),
Untitled,
oil on canvas,
29”x 27”

Another exceptional and rare painting offered was by Ivan Shishkin (Russian, 1832-1898). Titled Wooded Clearing, collectors vied heavily for this work driving the price well past high estimate to $84,700.

One of the most important global collections of 19th century China Trade paintings from the Estate of Thomas Williamson (Orinda, California) was also offered. Many of these works were originally purchased from Berry-Hill Galleries (New York, NY) and Martyn Gregory (London, UK). This exceptional collection performed very well. Doubling high estimate was The Hongs at Canton (China, Canton Factories), a circa 1835 oil on canvas attributed to Sunqua (Chinese, fl. 1830-1870) which earned $30,250. Also surpassing high estimate was China, Shanghai Bund, School of George Chinnery (British, 1774-1852). This work sold for $18,900. In total, this collection achieved an impressive $119,500.

Rounding out the top sellers in fine art was Blue, 1984, a color woodcut (50/100) by Richard Diebenkorn (American, 1922-1993), that sold nicely over high estimate selling for $54,450. And as always, Andy Warhol did not disappoint with results on the two prints offered. Both titled Sunset, 1972 these color silk screens sold for $36,300 and $33,275 respectively.

Syed Haider Raza
“Sonache”,
Untitled (Hillside Village),
oil on paper,
20.5” x 25”

DECORATIVE ARTS & FURNISHINGS
Property from the Thomas J. Perkins Estate (San Francisco and Belvedere, CA) topped this category’s exciting offerings. A Pleyel “Eaton” harpsichord, circa 1930 was used by legendary harpsichordist Wanda Landowska. This work of music history sold very well to the son of a former owner for $24,200.

Important Pleyel
harpsichord,
circa 1930

In whimsical yet important historic offerings was a large and exceptional Dentzel (carving by Muller) outer row stander lead carousel horse, circa 1912. Completely restored by W. Huges/Hesse, this fabulous steed earned his keep at $19,360. And bringing $9,680 was a Muller (carving for Dentzel) outer row prancing deer.

Ivan Ivanowicz Shishkin
(Russian 1832-1898),
Wooded Clearing,
oil on canvas,
28″ x 21″

Furniture featured prominently in this sale with a Continental marquetry decorated collectors cabinet realizing over twice high estimate selling for $10,285. Wooten desks are always in demand and an 1889 American Wooten Queen Anne designed by Zue Jackson sold very well for $7,260.

Dentzel (carved by Muller) Outer row stander,
lead horse with eagle
and shield

Rounding out the top furniture sellers was a Victorian Neo Grec sideboard, circa 1800, which achieved $7,865 and a fabulous rosewood and bronze mounted parlor suite, circa 1876, by John Jeliff, New Jersey, that sold for $6,050.

Jewelry & Timepieces
Bulgari and jadeite topped this category’s offerings. A Bulgari Tubogas 18k yellow gold necklace will be adorning someone’s neck for a smooth $7,260 and adding to the perfect bangle accessory, a fashionista will be wearing a jadeite bangle bracelet for the same money.

For a complete list of results and prices realized, please visit www.clars.com

“The Hongs at Canton”
circa 1830,
oil on canvas,
19” x 25”

Italian marquetry
decorated collector’s
cabinet, circa 1860

Clars’ next Fine Art, Decorative Art, Furniture, Jewelry/Timepieces and Asian Art Auction will be held on Saturday and Sunday, June 17 and 18, 2017. The June sale will feature important Chinese pieces including collections of huanghuali furniture and artwork by Zhang Daqian (Chang Dai-Chen). The sales will begin promptly at 9:30am on Saturday and Sunday. Previews for this sale will be held Friday, June 16th   from 1pm to 6pm, Saturday and Sunday beginning at 9:00 am and by appointment the week prior. A complete catalog will be available online one and one-half weeks prior to the sale. For more information, please visit www.clars.com or email: [email protected]

Bidding for Clars’ auctions is available in person, by phone, absentee and live online at www.Live.Clars.com  and through www.liveauctioneers.com, and www.Invaluable.com.  Clars Auction Gallery is located at 5644 Telegraph Avenue, Oakland, CA 94609.

Clars Auction Gallery is based in Oakland (CA) and is the largest full service auction gallery in the

Richard Diebenkorn
(American,1922-1993),
Blue,
1984, color woodcut,
40” x 25”

Western United States. Clars Auction Gallery has been the chosen auction gallery of a number of institutions and distinguished private collectors across the country including the Richard Mellon Scaife Estate, the Thomas J. Perkins Estate and The Metropolitan Museum of Art (NYC).

Bulgari Tubogas 18k yellow gold necklace, 17 ½”

In the last 10 years, Clars Auction Gallery has sold over $126,000,000 of Fine Art, Furnishings, Jewelry, Vehicles and Collectibles and has set multiple new world auction records. Follow Clars on Facebook and Twitter!

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