RESULTS OF YESTERDAY'S AFRICAN-AMERICAN FINE ART AUCTION AT SWANN

PRELIMINARY RESULTS OF SALE 2169, February 17, 2009:
AFRICAN-AMERICAN FINE ART
Sale total: $1,268,160 with Buyer’s Premium
Hammer total: $1,056,800
Estimates for sale as a whole: $2,011,200 - $2,901,800
We offered 169 lots; 109 sold (36% buy-in rate by lot)

Top lots, Prices with buyer’s premium

55 Charles White, Move On Up a Little Higher, charcoal and Wolff crayon on illustration board, 1961, $228,000 I
93* Hale Woodruff, Cinque Exhorts his Captives, oil on canvas, 1973, $156,000 C
45 Hughie Lee-Smith, Untitled (Rooftop View), oil on masonite, 1957, $102,000 D
85 Alvin D. Loving, Jr., Cube 27, acrylic on shaped canvas, 1970, $84,000 I
2 Henry Ossawa Tanner, Adoration of the Golden Calf, oil on canvas, circa 1895, $72,000 C
1 Tanner, The Annunciation to the Shepherds, oil on canvas, circa 1895, $66,000 C
42 Beauford Delaney, Distant Horizons (New Dimensions), oil on canvas, 1952, $52,800 C
41 Delaney, Untitled (Washington Square Park), oil on canvas, circa 1951, $48,000 C
46 Woodruff, Untitled (Girl Skipping Rope), oil on canvas, circa 1959-1960, $33,600 C
35 Norman Lewis, Fireflower, oil on canvas, 1949, $28,800 D
128* Richard Mayhew, Ascension, oil on canvas, 1982, $20,400 C
142 Jacob Lawrence, General Toussaint L’Ouverture, color screenprint, 1986, $15,600 C
49 Lawrence, Artists and Models Ball, #2, gouache, circa 1950-60, $13,200 C
43 John Wilson, Mother and Child, lithograph, 1956, $11,400 C
50 Lewis, Untitled (Three Figures), oil on paper, 1961, $10,800 C
4*, ** James Bolivar Needham, A Morning with the Yachts & Houseboats, oil on canvas, 1896, $10,800 C
24 Charles White, Untitled (Head of a Man), etching, circa 1940, $9,600 C
150 Sam Gilliam, Horses Upside Down, acrylic on polypropylene on canvas, 1998, $8,400 C
78 Elizabeth Catlett, Malcom X Habla por Nosotros, color linoleum cut, 1969, $8,400 C
135 John Biggers, The Upper Room, color lithograph, 1984, $8,400 C

KEY: * = Artist Record; ** = First Time at Auction; C = Collector; D = Dealer; I = Institution

Nigel Freeman, Director, African-American Fine Art, said, “Despite the uncertainty of the art market in today's economy, we saw strong prices for scarce modern paintings by African-American artists, with competitive bidding by institutions. We were thrilled to sell our cover lot, Move On Up a Little Higher, a majestic drawing by Charles White to an important museum. We also set a new record price for a Hale Woodruff painting – the fourth consecutive auction record for the artist set at Swann in the past four years.”


ILLUSTRATED CATALOGUE, DIGITAL IMAGES & COMPLETE PRICES REALIZED ON REQUEST
Rebecca Weiss
Media Relations
Swann Galleries
104 East 25th Street
New York, NY 10010
212-254-4710, ext. 23
rebeccaw@swanngalleries.com

SOURCE: SWANN GALLERIES

Image Credit: Tyrus Rochell Townsend