Les Amis de Beauford Delaney is partnering with the Wells International Foundation (WIF) to take the Beauford Delaney: Resonance of Form and Vibration of Color exhibition to the U.S.!

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Saturday, May 31, 2014

Astonishing Sale of a Beauford Delaney Abstract


The Beauford Delaney abstract shown in the image below was auctioned by Drouot on April 5, 2014 in Lyon, France.

La Gazette Drouot magazine article
Image by Discover Paris!
© Estate of Beauford Delaney
by permission of Derek L. Spratley, Esquire,
Court Appointed Administrator

While it was no surprise that the painting sold, what astonished Drouot was the price for which it sold. The estimated sale price was 700 euros (approximately $950), but when all was said and done, the work fetched a handsome 20,400 euros* (approximately $27,760)!

The untitled abstract measures 22x33 cm (8x13 inches) and is signed and inscribed "Bon Nassaine Hovard" on the back of the canvas. It came from the Darthea Speyer Gallery in Paris.

The article in La Gazette Drouot describes an intense bidding war over the painting that took place between those in the room and potential buyers on several phone lines. The magazine says that the purchase price "pulverized" the estimates for the sale.

La Gazette Drouot magazine article - detail
Image by Discover Paris!
© Estate of Beauford Delaney
by permission of Derek L. Spratley, Esquire,
Court Appointed Administrator

Presumably, the successful buyer lives in the U. S. - the article says that the painting will cross the Atlantic as a result of the sale.

*Buyer's premium included

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