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Saturday, June 14, 2014

Sold!!! Two Delaneys at Swann Auction Galleries June 2014 African American Fine Art Auction

Both of the Beauford Delaney paintings made available for purchase during Swann Auction Galleries' "The Shape of Things to Come" African American Fine Art Auction sold on Tuesday, June 10, 2014.

The untitled abstract (Lot 16), shown below, is an oil painting on wove paper. Affixed to card stock, it is signed and dated in ink on the mount at the lower left.

Untitled (Abstract composition)
(1958) Oil on wove paper
750x560 mm; 29 1/2x22 inches
Image courtesy of Swann Auction Galleries
© Estate of Beauford Delaney
by permission of Derek L. Spratley, Esquire,
Court Appointed Administrator

This painting sold for $10,000, buyer's premium included*.

The second painting, Gaggame (Lot 62), is a watercolor on thin wove paper. It is signed, titled, dated and inscribed "France" in blue ink and ball point pen at the lower right.

Gaggame
(1969) Watercolor on wove paper
240x320 mm; 9 3/8x12 1/2 inches
Image courtesy of Swann Auction Galleries
© Estate of Beauford Delaney
by permission of Derek L. Spratley, Esquire,
Court Appointed Administrator

It sold for $5000, buyer's premium included*.

*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%. 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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