Fellow appraiser Susan Tarman sent me an artnet news article on sales results from the 25th Armory Show in NYC. The article notes the reported top selling painting was $1 million for a Lee Krasner painting from the Hollis Taggart gallery. From the posted results, if correct, and a lack of $1 million reported sales, it appears the middle market is strong.
Below is a listing of painting sales at the Armory show, follow the source link for sculpture and mixed media sales.
artnet news reports
Source: artnet newsThe art world has officially made it through another marathon fair gauntlet in New York. The booths are packed up, the crowds have dispersed, and we’re left to sit back and take stock of what really went down at the Armory Show’s 25th anniversary edition, which managed to sail through the weekend crisis-free after a rocky start.
As we reported during the VIP preview, canvases by the Philadelphia-based artist Jonathan Lyndon Chase were selling like hot cakes out of Kohn Gallery‘s booth, with multiple institutions adding his colorful works to their collections. Fewer six-figure sales made headlines than at other marquee fairs; the top price we noted was $1 million for a Lee Krasner painting at the booth of New York gallery Hollis Taggart.
Nota bene: Sales reports are notoriously slippery. Some purchases may have been finalized long before the fair, while others might only be handshake deals, still waiting on paperwork and cash. But prices themselves are more reliably telling, providing a snapshot of where individual artists stand in the matrix of the art market today. Even here, of course, there is room for slippage: Some dealers occasionally offer inflated figures, while others prefer to report ranges or the “asking price” to obscure the actual selling price, or to cover up favorable treatment that one buyer may have received over another. We did not include reported sales unaccompanied by a price or price range in our list, so the galleries that tend to disclose figures are disproportionately represented here.
Caveats aside, here is a (partial) roundup of notable sales at the fair as compiled by artnet News, helpfully sorted by medium and price. Any sums reported in GBP or euros were converted to US dollars for consistency and ease of reading.
PAINTINGS
Photo: Samantha Deitch, BFA for Armory Show.
$1 million: Lee Krasner’s Peacock (1973) at Hollis Taggart Gallery
$500,000: Frank Bowling’s Untitled (1968) at Michael Rosenfeld Gallery
$400,000: Michaël Borremans‘s Mud Boy II (2019) at Zeno X Gallery
$375,000: Mary Corse’s Untitled (DNA Series) (2017) at Kayne Griffin Corcoran
$270,000: Michaël Borremans’s The Mother (2007) at Zeno X Gallery
$250,000: A new portrait by Kehinde Wiley at Sean Kelly Gallery
$225,000: Imi Knoebel‘s Figura P (2018) at Galerie Thaddaeus Ropac
$225,000: Jennifer Bartlett‘s Path at Marianne Boesky Gallery
$210,000: Frank Bowling’s Remembrance Saturday with Marcia Scott at Marc Selwyn Fine Art
$125,000: Kehinde Wiley’s Portrait of a Florentine Nobleman II at Roberts Projects, Los Angeles
$100,000: Sue Williams‘s Empty Strip Mall (2019) at 303 Gallery
$95,000: A painting by Mary Heilmann at 303 Gallery
$90,000: A painting by Rodney Graham at 303 Gallery
$85,000: Mernet Larsen’s Situation Room with Angst at James Cohan Gallery
$65,000: Sam Falls’s Untitled painting at 303 Gallery
$60,000: Llyn Foulkes’s The Mask (2019) at Kayne Griffin Corcoran
$57,000: A work by Nicola Samori at Galerie EIGEN + ART
$45,000: Imi Knoebel’s BIG GIRL E.1 (2018) at Galerie Thaddaeus Ropac
$40,000: Derek Fordjour’s Three Straight Locked (2019) at Josh Lilley Gallery
$40,000 each: Mika Tajima’s Art d’Ameublement (Islote Vinilla) and Art d’Ameublement (Ostrova Oktyabryata)(both 2018) at Kayne Griffin Corcoran
$40,000: Nick Goss’s The Loverman (2018) at Josh Lilley
$35,000: Jay Heike’s cloudscape Mother Sky (2018) at Marianne Boesky Gallery
$33,000: David Renggli’s painting from the “I Love You” series at Wentrup Gallery
$32,000: A painting by Landon Metz at Galerie von Bartha
$28,000: Vaughn Spann’s X. No.7 burning man/hands up (2019) at David Castillo Gallery
$24,000: Gareth Cadwallader’s Landscape (2017) at Josh Lilley
$22,000: Meg Cranston’s California (2006/19) at Meliksetian | Briggs Gallery
$18,000: Painter Mary Obering’s geometric abstraction, Cottages in a Misty Time in Autumn, at Kayne Griffin Corcoran
$15,500: A small painting by Winfred Gaul at Galerie Ludorff
$12,000: Ardeshir Tabrizi’s A Man from Isfahan at Roberts Projects, LA
$11,300: A work by Fatma Shanan at Dittrich & Schlectrium
$10,000: Paulo Monteiro’s Untitled (2019) at Zeno X Gallery
$7,000 each: All of the paintings by Florine Demosthene at the solo booth of Mariane Ibrahim
$2,800–30,000 each: All paintings by Naudline Pierre at Shulamit Nazarian Gallery; Swizz Beatz purchased the largest painting for his Dean Collection.
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