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Heritage Auctions records more than $873 million in total 2020 sales

Heritage Auctions records more than $873 million in total 2020 sales
American and Western Art featured numerous six-figure sales as Howard A. Terpning s Against the Cold Maker, 1992, sold for $585,000.
DALLAS, TX
.-Heritage Auctions, the largest auction house founded in the United States, reported $873,117,274 in total 2020 sales the firm announced Friday, Feb. 19.
Total sales at auction surpassed $638 million. More than $504 million (nearly 79 percent) of the firm s worldwide auction volume alone was purchased via internet bidding in 2020, a new record. A significant portion of Heritage s 2020 private sales, which exceeded $235 million, also occurred online.
Given all of the headwinds we faced last year, from cancelled events and travel restrictions due to the COVID-19 pandemic to adjustments to our operations necessary to keep our staff and clients safe, we are extremely proud of our accomplishments in 2020, said Steve Ivy, Chief Executive Officer of Her ....

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The Best of the West: Art and Collectibles - True West Magazine

True West Magazine
Howard Terpning – It’s Been a Long Day (1976) · Oil on Canvas, 24 x 34 inches · $321,300
– Courtesy Jackson Hole Art Auction –
Last year, when I recapped 2019 and trends in Western collecting, I focused on the sales of many splendid, comprehensive holdings gathered by discriminating collectors that became available for new owners. Although the tendency continued in 2020, one part of the equation changed due to new rules imposed by COVID-19. Despite hurdles created by the pandemic, dealers and sellers alike found ways to continue through online means and other innovations. Although some of the excitement of live auctions was lost, extraordinary and varied archival materials, art and artifacts brought vicarious thrills to bidders and observers. ....

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