By Katherine Jentleson
Published: July 1, 2009
Christie’s
141 lots offered
$16,820,400 sold total 30 percent unsold by value 38 percent unsold by lot
Sotheby’s
107 lots offered
$15,303,125 sold total 26.8 percent unsold by value 38.3 percent unsold by lot
Bonhams
51 lots offered
$2,621,160 sold total 22 percent unsold by value 38.5 percent unsold by lot At Sotheby’s, Moses was represented by Country Fair, 1950 (est. $700-900,000). That estimate seemed rather ambitious, considering that her paintings typically fetch less than $500,000. The salesroom was tense as the bidding opened at $450,000, but anxiety gave way to breathless excitement as the bids climbed past the lot’s reserve, with two contenders — one in the room and one on the phone — vying for the painting. Ultimately, it sold to the phone for $1,082,500. The underbidder — who had earlier lost out on Walter Ufer’s The Red Moccasins (est. $400-600,000), which sold for $752,500 — was a white-haired gentleman rumored to be buying for the flag-waving wind-power booster T. Boone Pickens. "American Paintings" originally appeared in the July/August 2009 issue of Art+Auction. For a complete list of articles from this issue available on ARTINFO, see Art+Auction's July/August 2009 Table of Contents.
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