Sotheby's estimated that their American Art Auction would bring in around $15M, however with ten works bringing in over $1M and one of them setting a tremendous world auction record they ended up netting $75.4M.

GEORGIA O'KEEFFE. JIMSON WEED/WHITE FLOWER NO. 1, 1932. Estimate $10,000,000 — $15,000,000. Photo via Sotheby's GEORGIA O'KEEFFE. JIMSON WEED/WHITE FLOWER NO. 1, 1932. Estimate $10,000,000 — $15,000,000. Photo via Sotheby's

Georgia O'Keeffe's Jimson Weed/White Flower No. 1 not only broke the artist's own world auction records, but the final price of $44,405,000 set a new record for any female artist. O'Keeffe was known for her flower paintings, several of which depicted the Jimson weed. This particular piece is larger than most of her works and features only one flower in the center of the canvas. The painting came from the Georgia O'Keeffe Museum and was originally owned by the artist's sister.

 

GEORGIA O'KEEFFE. ON THE OLD SANTA FE ROAD, 1930-1931 Estimate $2,000,000 — $3,000,000. Photo via Sotheby's GEORGIA O'KEEFFE. ON THE OLD SANTA FE ROAD, 1930-1931. Estimate $2,000,000 — $3,000,000. Photo via Sotheby's

The sale also featured O'Keeffe's painting On The Old Santa Fe Road, which surpassed its high estimate of $3,000,000 when it sold for $5,093,000. This landscape was painted in New Mexico, an area that held a special significance for the artist, during her second summer visit in 1930.

The sale included other several realized prices that were well over the high estimate. Childe Hassam's Shingling the First Baptist Church, Gloucester had an estimate of $1,000,000 — $1,500,000 but sold for $3,525,000. It was the first time that the piece was featured in any auction and had remained in the artist's private collection for the duration of his life. William Bradford's Icebergs, Labrador also did very well, surpassing its high estimate of $35,000 by ending on $87,500.

 

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Story via ArtDaily/Sotheby's

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