Auction Shake-Ups

 

This year’s surprising highs and breathtaking buys!

From Staff & Wire Reports

There has been too much upheaval in the art world to just say “what a year.” Consider this pre-COVID auction of John Marin’s Stonington Wharf, No. 1 (Red and Blue, Maine). Pre-auction estimates were $150,000 to $250,000. It realized $596,000 at Sotheby’s New York.

Then there’s the fascinating case of Louise Nevelson. Who would have guessed a Nevelson sculpture could have been bought in the last year for as high $399,000 (for Moon-Star II) or as low as $75 (this is not a misprint!) for her Wall Hanging Sculpture. This has prompted us to examine other Maine artists at extremes in the market—the highs, the lows. Grab your auction paddle. Get ready to open your eyes and start whispering.

See the full story in the digital magazine above.

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