World Auction Record for a Work on Paper by Whistler
View of a Venetian Palazzo on the Grand Canal Had Descended in the Family of Louisine and Henry O. Havememer
We Invite You to Contact Us for a Complimentary Auction Evaluation of Your American Art
Doyle New York's auction of American Art on May 9, 2012 offered important paintings and sculpture by American artists of the 19th and 20th centuries.
With competitive international bidding from buyers in the salesroom, on the telephones and via the Internet, the sale totaled $1,426,719 surpassing the pre-sale estimate of $687,300-1,038,200 with an exceptional 88% sold by lot and 96% by value.
Highlighting the sale was an important pastel by James Abbott McNeill Whistler (American, 1834-1903) titled White and Pink (The Palace) that depicted the façade of a Venetian palazzo on the Grand Canal. Estimated at $100,000-150,000, the work sold to a bidder in the salesroom for a staggering $650,500 – setting a new world auction record for a work on paper by Whistler.
Whistler first visited Venice in September 1879 and fell in love with the city. He created one hundred pastels, which he described as being "totally new and of a brilliancy very different from the customary watercolor." In 1881, the prominent American collector Louisine Havemeyer (Mrs. Henry O. Havemeyer) visited Whistler in his studio and purchased a number of Venetian pastels. White and Pink (The Palace) was consigned to the sale by a descendant of the Havemeyers.
Exceptional prices were also achieved for works by Guy Pene du Bois, Dale William Nichols, Paul Kelpe and Ilya Bolotowsky, in addition to an auction record being set for the artist Edward Gay.
All prices include the Buyer's Premium.
Next American Art Auction: Fall 2012
Doyle New York's next auction of European Art is scheduled for Fall 2012. Consignments are currently being accepted. We invite you to contact us for a complimentary auction evaluation. Our specialists are always available to discuss the sale of a single item or an entire collection. For information, please call Ann DePietro at 212-427-4141, ext. 249, or email paintings@DoyleNewYork.com