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Saturday, October 7, 2017

What Sold at Swann Auction Galleries' October 2017 African American Fine Art Sale

Five out of eight Beauford Delaney works offered during Swann Auction Galleries' October 2017 African American Fine Art Sale sold.

All four abstract works were purchased:

Untitled (Green Drip Abstraction)
(Lot 40), a gouache on wove paper, sold for $12,500 (including buyer's premium*).

Untitled (Green Drip Abstraction)
(1958) Gouache on wove paper
603x483 mm; 23.75x19 inches
Signed, dated, and inscribed "To Lucien, on his birthday
with affection from Beauford Delaney Paris 1958."
Image courtesy of Swann Auction Galleries
© Estate of Beauford Delaney
by permission of Derek L. Spratley, Esquire,
Court Appointed Administrator


Untitled (Brown and Orange Abstraction)
(Lot 41), another gouache on wove paper, sold for $8,125 (including buyer's premium).

Untitled (Brown and Orange Abstraction)
(1958-59) Gouache on wove paper
660x483 mm; 26x20 inches.
Signed and inscribed "To Jimmy with love Beauford Happy Birthday"
in ink, lower center.
Image courtesy of Swann Auction Galleries
© Estate of Beauford Delaney
by permission of Derek L. Spratley, Esquire,
Court Appointed Administrator


Untitled (Green, Red and Yellow Abstraction)
(Lot 55), a watercolor on wove paper, sold for $11,875 (including buyer's premium).

Untitled (Green, Red and Yellow Abstraction)
(1964) Watercolor on wove paper
648x502 mm; 25 1/2x19 3/4 inches.
Initialed, dated and inscribed "Paris", in ball point pen and blue ink, lower center.
Signed and dated in ball point pen and blue ink, lower right.
Image courtesy of Swann Auction Galleries
© Estate of Beauford Delaney
by permission of Derek L. Spratley, Esquire,
Court Appointed Administrator

And Untitled (Abstract Composition) (Lot 56), another watercolor on wove paper, also sold for $11,875 (including buyer's premium).

Untitled (Abstract Composition)
(1965) Watercolor on wove paper
546x457 mm; 21 1/2x18 inches.
Signed, dated and inscribed "avec amour" in ink.
Image courtesy of Swann Auction Galleries
© Estate of Beauford Delaney
by permission of Derek L. Spratley, Esquire,
Court Appointed Administrator

The only figurative work that was purchased was Greenhouse at Yaddo (Lot 26).

Greenhouse at Yaddo
(1950) Color pastels on wove paper
457x610 mm; 18x24 inches.
Signed, dated and inscribed "Yaddo" in pastel, lower right.
Image courtesy of Swann Auction Galleries
© Estate of Beauford Delaney
by permission of Derek L. Spratley, Esquire,
Court Appointed Administrator

It fetched the highest price of all the Beauford Delaney works in this sale - $15,000 (including buyer's premium).

Three portraits remain unsold.

*At auction, there are two prices--the hammer price, or the price at which the item sells during the auction, and the price with the buyer's premium. All auction houses have a buyer's premium that the buyer pays to the auction house in addition to the hammer price. The buyer’s premium for items purchased directly through Swann is 25%. Swann Auction Galleries now reports the "hammer price" and the price that include the buyer's premium in its online catalog.

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