World records are shattered in Shannon's April 29th fine art auction, which posts $2.4 million in... - Artwire Press Release from ArtfixDaily.com

MILFORD, Conn. - Shannon’s launched the spring season with strong results during their April 29th Fine Art Auction. Nearly 90 percent of the 201 lots offered were sold, realizing $2.4 million in total sales. Works by women artists, 19th century American art and Modernism led the sale, which was upbeat with busy chatter from a bank of 20 phone bidders and robust online participation. All prices reported include the buyer’s premium.  
The top lot of the auction was a masterpiece by Charles Morgan McIlhenney, titled
Summer Afternoon by the Shore. The painting quadrupled the high estimate, selling for an even $100,000. When it was first offered in 1992, the painting set a world record price for the artist when it brought $33,000. Buyers remembered this work and aggressive phone bidding shattered the previous record by threefold.

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