October 5, 2016 Sale of American Paintings, Furniture & Decorative Arts
World Auction Record for a Painting by Daniel Huntington
Consignments Are Currently Being Accepted for the Spring 2017 Auction of American Paintings, Furniture & Decorative Arts
On October 5, 2016, Doyle held an auction of American Paintings, Furniture & Decorative Arts. This sale category is Doyle's premier venue for American paintings of the 19th and early 20th centuries, including fine examples of portraiture; Hudson River, western and regional landscapes; marine paintings and still lifes. Also showcased in the sale were American furniture and decorative arts from the Colonial period through the Federal and Classical styles. Silver, ceramics, mirrors, Chinese export porcelain and rugs were also offered, in addition to Audubon, Currier & Ives and topographical prints.
World Auction Record
Highlighting the sale was a painting by Daniel Huntington (1816-1906) entitled The Counterfeit Note, which attracted a great deal of attention from collectors, institutions and trade alike. With spirited competition from determined bidders on the telephones and the Internet, the painting soared past its estimate of $35,000-55,000 to achieve a stunning $406,000 -- A World Auction Record for the Artist. The work was acquired by a major American Art collection. One of two genre scenes executed by Huntington during a trip to Europe in 1857-58, The Counterfeit Note was exhibited to acclaim at London’s Royal Academy. The work depicts a sharp-eyed stranger attempting to pass a counterfeit bill in payment for a purchase at a variety store, while a lovely young woman – the type known as a “true English Rose” – examines a bolt of fabric in the foreground. A rediscovery, the painting remained in the family of the artist for many years and only recently came to light. The record price of $406,000 more than doubled the prior auction record of $159,200 set in 2003 and far surpassed the next highest price of $65,000 set just last year.
Strong prices were also achieved for works by Jasper Francis Cropsey, John Stobart, Gilbert Stuart, Grandma Moses, Hermann Herzog and James Henry Daugherty, among others.
American Decorative Arts in the sale featured a whimsical Coney Island style carved wood carousel horse decorated with multicolored 'gems’ that fetched $12,500, far exceeding its estimate of $2,000-3,000.
The selection of mirrors featured a Classical giltwood convex girandole mirror surmounted by an eagle-form crest flanked by cornucopias and issuing two-light wire branches, height 53 inches, diameter 31 1/2 inches. The mirror more than doubled its estimate of $2,000-4,000, selling for a strong $8,125.
The section of the sale devoted to American Silver was highlighted by two sterling silver flatware services – a service by S. Kirk & Son in the Mayflower pattern from The Thurston Collection that sold for $10,000 and a service by Gorham in the Mythologique pattern that sold for $9,375.
With competitive bidding in the salesroom, on the telephones and on the Internet, the sale totaled a strong $1,209,388, surpassing its estimate of $670,725-1,051,265, with an impressive 86% sold by lot and 95% sold by value.
All prices include the buyer’s premium.
We Invite You to Auction!
Consignments are currently being accepted for the Spring 2017 auction of American Paintings, Furniture & Decorative Arts. 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 contact:
Anne DePietro, American Paintings, 212-427-4141, ext. 249, or [email protected]
David A. Gallager, American Furniture & Decorative Arts, 212-427-4141, ext. 271, or [email protected]
A World Auction Record for the Artist