Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Poster Auctions International's Rare Posters Auction #90, held July 18th, finishes at $1.675 millionThe sale, led by rarities and one-of-a-kind works, saw a continued investment in posters. It was just the second auction of the year for PAI, online and at the gallery in lower Manhattan. It demonstrated collectors' passion for seldom seen posters.
By: Poster Auctions International, Inc. "In my 44 years of poster auctions, I am always intrigued by the ups and downs of poster trends," Jack Rennert, president of PAI, said. "Recently, collectors' interest in artists including Leonetto Cappiello and Alphonse Mucha has surged, and buyers are eager to round out their collections with rare works by these top designers." Rarities indeed reigned supreme at this auction, garnering several unexpectedly high sales. An anonymous ca. 1969 design featuring a mod Twiggy-esque muse—Pan Am / England—enraptured collectors, leading to a $9,600 winning bid over its estimate of $1,700-$2,000. Bidders were similarly passionate about Alexis Kow's 1929 Grand Prix du Cap d'Antibes, which handily surpassed its estimate of $4,000-$5,000 for a final win of $14,400. All prices quoted include the buyer's premium. For the master of Art Nouveau, Alphonse Mucha, the trend continued: his original works and rarest variants were the most sought-after this auction. The top sale of this auction was his 1899 Femme au Rocher, one of four signed and numbered sculptures using the "cire perdue" technique; it was secured for $72,000. Two original drawings also sold well: his ca. 1930 portrait of his daughter, Jaroslava, went for $45,600 (est. $25,000-$30,000) Leonetto Cappiello also inspired favorable bids at auction. Top poster sales include his 1902 Suc du Velay, which sold for $4,800 (est. $3,500-$4,000); PAI may be reached by phone at 212-787-4000, or via email at info@posterauctions.com. To learn more about PAI, visit www.posterauctions.com. End
|
|