Mixed, but improved results at Heritage Illustration Art Auction, Oct 14, 2010

Gil Elvgren painting, Riding High, from 1958, Heritage lot #78043

Heritage Auction Galleries of Dallas, Texas, held their first auction in New York City on Oct 14, 2010. The Illustration Art sale did well with art from the top artists, decently with art from the second-tier artists, and poorly with art from the third-tier artists. The auction was the second highest-grossing sale ever for the Illustration Art category, totaling over $3.75 million.

Top lot of the sale was #78043, a Gil Elvgren painting of a witch on a broom. Estimated to sell for $30,000 – $40,000, it soared to $167,300, including buyer’s premium. Prices for Elvgren’s seven offerings in this sale were all over the map, from $4,481.25 for a pencil on paper sketch of Miss Sylvania to $38,837.50 for a painting of Miss Sylvania to $167,300 for the top lot of the sale, above.

Garth Montgomery Williams, Charlotte's Web book cover from 1952. Heritage lot #78301

Original art from the 1952 children’s book, Charlotte’s Web, did extraordinarily well. The cover illustration, done in graphite and ink on paper, was the second highest lot of the sale, selling for $155,350, against a pre-sale estimate of $20,000 – $30,000. Individual illustrations from the book also did well, with prices from as low as $717, all the way up to $95,600, with an average price of about $10,000.

Several other artists commanded more than $60,000, including J.C. Leyendecker, Thornton Utz, Jesse Wilcox Smith, Howard Pyle and Norman Rockwell.

Packard Motor Car Company advertisement, Heritage lot #78422

As in the past, there were plenty of bargains to be had. Including the next day’s Internet only session in Dallas, over 180 lots sold for less than $1,000. A beautiful large 30″ x 46″ oil on canvas painting of a Packard automobile sold for only $896.25. If that’s not a bargain, I don’t know what is.

For the complete results, you will have to register (free) with Heritage. You can view all of the paintings without results if you don’t register. Here is the link. Heritage Illustration Art auction, August 17-18, 2010.

If you like my blog, please let your friends know by sending them a link. Then check out my new Daum, GallĂ© and R. Lalique acquisitions. I’ve listed them all on my website. I’ve listed another ten items in the last couple of days, including art pottery. Here’s the link chasenantiques.com