Two Beauford Delaneys Sold at 2012 African-American Fine Art Auction

As I reported a couple of weeks ago, Swann Galleries proposed three Beauford Delaney works it its February 2012 African-American Fine Art auction. Here are the results:

Lot 22 (my favorite of the three paintings) sold for $15,000*, the lower limit of the estimated sales price.

Lot 22
Untitled (Abstract Composition)
(1961) Oil monotype on heavy wove paper
Photo courtesy of Swann Auction Galleries

Lot 129 is unsold.

Lot 129
Untitled
(1962) Gouache and watercolor on wove paper
Photo courtesy of Swann Auction Galleries

Lot 130 sold for $14,000*. The upper limit of the estimated sale price was $15,000.

Lot 130
Untitled (Abstraction in Green)
(1964) Gouache on thick wove paper
Photo courtesy of Swann Auction Galleries

Swann Galleries generally holds two African-American Fine Art auctions each year - one in February and one in October. If any of Beauford's works will be offered for sale during the next auction, I'll report on it here!

*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 on top of the hammer price. Swann's premium is 20%. The prices indicated in this article are hammer prices.