NEW YORK - Alexander Calder's 1960 sculpture Maripose realized $1,805,000 in Bonhams November 12 Contemporary Art sale. Exemplifying the artist's striking sense of balance and momentum, this stunning large scale mobile had been in private hands for nearly 40 years. Works by Calder performed well overall, with his untitled exuberant 1931 circus drawing soaring past its estimate to realize $106,250, and a bold, 1972 gouache composition from the artist fetching $87,500.
Bidders from more than two dozen countries participated in the auction, with Germany, France, the UK and the US especially well represented. The majority of the top lots sold to telephone bidders, although notable exceptions went to those in the room.
Additional highlights included a classic 1950's Ruth Asawa crocheted sculpture, Untitled (S. 446 Hanging, Seven-Lobed Single-Layer Continuous Form) which surpassed its estimate to realize $389,000; Josef Albers' 1963 painting, Study for Hommage to the Square "Fall Finale," which fetched $233,000; Susan Rothenberg's 1977 Untitled Drawing #45 from 1977, which reached $209,000; and a striking linear Keith Haring composition from 1988, Untitled #13, that more than tripled its estimate to achieve $131,000.
Young artists garnered significant recognition in the sale. Kai Althoff's 2004 installation Immo nearly quadrupled its estimate to reach $118,750. A signature Kehinde Wiley composition brought $47,500, while Shepard Fairey's Evolve Devolve stencil print realized $35,000.
"We are quite pleased with the results of the November 12 auction, which saw notable interest from both new and existing clients alike. Both private and trade clients vied for the most important works in the sale, clearly demonstrating the strength and depth of the market," said Jeremy Goldsmith, Bonhams Director of Contemporary Art in New York.
Bonhams next Contemporary Art auction will take place in May 2014.
For more information, please visit www.bonhams.com
NOTES FOR EDITORS
Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to www.bonhams.com