Shannon's April 29th Fine Art Auction Posts .4 Million in Sales

Posted by Dinesh Kumar on May 13th, 2021

Shannon’s launched the spring season with strong results during their April 29th Fine Art Auction. Nearly 90 percent of the 201 lots offered were sold, realizing .4 million in total sales. Works by women artists, 19th century American art and Modernism led the sale, which was upbeat with busy chatter from a bank of 20 phone bidders and robust online participation. All prices reported include the buyer’s premium.

The top lot of the auction was a masterpiece by Charles Morgan McIlhenney, titled Summer Afternoon by the Shore. The painting quadrupled the high estimate, selling for an even 0,000. When it was first offered in 1992, the painting set a world record price for the artist when it brought ,000. Buyers remembered this work and aggressive phone bidding shattered the previous record by threefold.

From the same Connecticut collection, four oil paintings by Fidelia Bridges did exceptionally well. Red Breasted Grosbeak in a Thicket sold for ,000 and Gold Finches and Thistle sold for ,000. Both set new world record high prices for the artist. Also, Morning Glories sold for ,500, including premium, meeting the previous record high, while Myrtle and Lilies sold for ,000 with the premium.

The cover lot, a Floral Still Life with Shells by Paul Lacroix, sold for ,500, establishing a new world record for the artist. Another Paul Lacroix in the auction, Still Life with Chrysanthemums, sold for ,250.

Shannon's next auction will be held online, June 24th, followed by the fall auction in October. To consign a single artwork or an entire collection, contact the gallery at info@shannons.com. To learn more about Shannon’s Fine Art Auctioneers, please visit www.shannons.com.