Works By Hans Hofmann And Jésus Rafael Soto
Highlight Bonhams' Contemporary Art Auction In May

13 May 2014, Contemporary Art

New York – Two works tied for the top lot spot of the May 13 Contemporary Art auction at Bonhams, the third largest international fine art auction house. German-American artist Hans Hofmann's "The Rabbitt," a 1945 oil painting on plywood panel, and Venezuelan artist Jesús Rafael Soto's "Petit Canada," a 1975 acrylic work on wood with painted metal and nylon string, each achieved $185,000.

The 130-lot auction was well attended at Bonhams' New York saleroom with participants from 23 countries bidding online, over the phones and in person.

Interest was high in sculpture and multi-dimensional works of the sale, such as Olga de Amaral's "Triptico en Oro," a 1992, glittering tribute to the traditional arrangement that sold for $173,000. The trailblazing Columbian textile artist, best known for her use of gold, was one of many important Latin American artists who were represented in the auction. Another was Mexican painter Rufino Tamayo whose "Personaje en negro," a 1971 work in oil and sand on canvas, brought $106,250.

An additional artist whose work generated much interest in the auction was Mathias Goeritz. Two of the German-born, Mexican artist's works surpassed their pre-sale estimates and sold among the top lots of the sale. "Anaconda Mockup," a 1978 work in perforated sheet metal on painted wood, brought $125,000 (est. $40,000-60,000), while an untitled work in gold leaf on panel sold for $118,750 (est. $50,000-70,000).

Works by American artists Alexander Calder, Keith Haring and Andy Warhol, as well as English sculptor Sir Anthony Caro O.M., also brought strong results.

According to Jeremy Goldsmith, Director of the Americas for Contemporary Art at Bonhams, "This afternoon's sale of Contemporary Art at Bonhams saw spirited bidding from across the globe. We are particularly pleased with the results achieved for both modern and contemporary Latin American artists, with strong results realized for Matthias Goeritz's gold paintings and a new world record achieved for Olga de Amaral's 'Triptico en Oro.' We look forward to our July 2 sale of Contemporary Art in London and our November sale in New York."

For additional information from the sale, please visit www.bonhams.com/auctions/21646/.

Inquiries: For further information and images call Joalien Johnson at 415 503 3348 or email joalien.johnson@bonhams.com or pr.us@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

Contacts
  1. Jeremy Goldsmith
    Specialist
    Bonhams
    Work
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