Successful Auction of Fine Art on February 2, 2021
Over 100 Lots of Affordable Paintings, Prints & Sculpture by American, European and Latin American Artists
1967 Work by Carlos Mérida Achieves $34,650 -- Doubling Its Pre-Sale Estimate
NEW YORK, NY -- Doyle's auction of Fine Art on February 2, 2021 offered a wide range of affordable paintings, prints and sculpture by prominent American, European, Asian and Latin American artists spanning the late 19th through the 20th centuries. Exciting opportunities abound in this popular auction category for seasoned buyers and new collectors alike!
With competitive international bidding, the sale totaled a successful $495,143, far surpassing the pre-sale estimate of $228,200-363,200 with an exceptional 95% sold by lot and 98% sold by value.
Highlighting the sale was a 1967 painting by Guatemalan artist Carlos Mérida (1895-1984) titled La Elegida that achieved $34,650, doubling its estimate of $12,000-18,000. Mérida is known for fusing Latin American themes with European Modernism. Gathering aesthetic inspiration from artists like Joan Miró and Paul Klee, as well as Pre-Colombian art, Merida eventually developed his own characteristic style of abstraction. Early in his career, he was also involved in Mexico City’s mural-painting renaissance, working as an assistant to painter Diego Rivera.
Two World Auction Records
New auction records for two artists were set at the sale. An acrylic, oil and paper collage abstraction by Knox Martin (b. 1923) realized $10,710 – A World Auction Record for the Artist. Born in Colombia, Martin studied at the Art Students League and was one of the leading artists of the New York School.
A 1939 portrait of a lady by Vittorio Borriello (1896-1974) sold for $6,875 – A World Auction Record for the Artist. Born in Naples to a socially-connected family, Borriello immigrated to the United States from Naples in 1927 and is best known for his portraits of elegant women.
The auction also saw strong prices for works by Arbit Blatas, Orville Bullman, John Heliker, Ibrahim Hussein, Constantine Kluge, Jane Petersen and Jose Tapiro y Baro, among many others.
All prices include the Buyer's Premium.
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Jose Tapiro y Baro Spanish, 1836-1913 Preparing the Gardens for the Chinese Pavilion at the Universal Exposition, Paris...
Jane Peterson American, 1876-1965 Rolling Bandages and Folding Blankets, Fifth Avenue Red Cross Center, 1917
A World Auction Record for the Artist