Los Angeles Modern Auctions (LAMA): October 17, 2010 Catalogue

Description

Los Angeles Modern
Auctions, (LAMA), the fastest growing auction house in the modern contemporary
art world is the leading auction house dedicated to selling 20
th
Century Modern Fine Art and Design. In 272 full color pages, LAMA’s October 17,
2010 catalogue provides all levels of art collectors and enthusiasts with lot
information and valuable written pieces on the modern and contemporary fine art
and design world. This particular auction features artists such as Andy Warhol,
Roy Lichtenstein, David Hockney and more. In addition, this catalogue contains
a timeline of LAMA’s beginnings as an auction house and previous sales. Multiple
copies are available.
The October 17, 2010 Modern Art & Design
Auction was LAMA’s 50th auction since opening in 1992, and was proof of LAMA’s
dedication over the past two decades to offering the best modern material
available on the market. The auction totaled $1.6 million (including buyer’s
premium) selling 69% of the 509 lots offered.
LAMA offered a strong selection of fine art
including an original work by Pablo Picasso, Woman with Flowery Hat ( Lot 332
est. $12,000 – 15,000, realized $22,662), rare David Hockney lithographs, and
at least five iconic Andy Warhol prints. Also, a collection of five Natzler
ceramics traded hands for the first time since original purchase in the 1950s.
One of these, a very large exhibition piece bearing the desirable volcanic
glaze (Lot 426 est. $15,000 – 25,000), realized $39,318.
The auction brought together an assortment of
high quality 20th century modern fine art, furniture, design, and decorative
objects, many of which never traded hands until Sunday. A large number of
offerings were from original owners and estates. Among the highlights were Andy
Warhol’s Mao (Lot 310 est. $35,000 – 40,000, realized $36,750), Diego Rivera’s
Stone Cutter (Lot 210 est. $30,000 – 40,000, realized $36,750), a William “Billy”
Haines Lanai Couch (Lot 93 est. $20,000 – 30,000, realized $25,725), and an
Alberto Giacometti Bronze Lamp (Lot 410 est. $8,000 – 10,000, realized,
$27,562).