MILFORD, Conn. - Shannonâs 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 buyerâs premium. Â
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.
World records are shattered in Shannon s April 29th fine art auction, which posts strong results, $2.4 million in sales
Oil on canvas by Charles Morgan McIlhenney (American, 1858-1904), titled Summer Afternoon by the Shore, signed, 14 inches by 26 ¾ inches, est. $15,000 - $25,000, sold for $100,000.
The top lot of the auction was a masterpiece by Charles Morgan McIlhenney, titled Summer Afternoon by the Shore. It sold for $100,000, a record for the artist.
Even in the absence of a live audience, the pulse in the room was vibrant. It was a tremendous start to the year for us and the results are encouraging for the overall art market.”
Shannon s Spring Fine Art auction now open for bidding
Oil on canvas mounted on paperboard by Sanford Robinson Gifford (American, 1823-1880), titled Lake George from Near Sabbath Day Point, 10 ¾ inches by 14 ¾ inches (est. $30,000 - $50,000).
MILFORD, CONN
.-Shannons Fine Art Auctioneers will kick off the spring auction season with a sale of paintings, drawings, prints and sculptures on Thursday, April 29th, at 6 pm Eastern time. The 200-plus artworks include American art, modern and contemporary art, sculptures, Hudson River School paintings and various offerings by female artists in various categories.
Leading the sale is a painting by Willard Leroy Metcalf titled The Road that Leads to Home (est. $150,000-$250,000). The classic Connecticut Impressionist view of the Litchfield hills depicts a farmhouse that still stands in Woodbury. Metcalfs renowned depictions of sunlight and shadow are evident in this rural, idyllic scene of country life. A rare figural work by Metca