Auction Recap: October 17, 2010 Modern Art & Design Auction

The auction was a big success.
There were more people in the room than ever before. Over 250 registered bidders competed for furniture and fine art, for over 5 consecutive hours on Sunday. Extra staff were needed to handle all of the phone bids, with as many as up to 12 people on certain lots bidding on the telephone.
Buyers were happy with the prices for furniture, which is still selling for below the highs of 2008, while consignors came away better selling art, which has made up most of the losses since the same period.

It was not hard to keep hundreds of people in their seats for the 5 hour stretch because complimentary lunch was catered by Border Grill and an open bar was also a hit (when is it not!).


Including post-auction sales the total is nearing 1.6 million (check out items that are still for sale, click here).


More details (including lot highlights) to come later this week.
Go to the LAMA website for prices realized and available lots. Email Shannon (shannon@lamodern.com) to make post-auction offers.

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One response to “Auction Recap: October 17, 2010 Modern Art & Design Auction

  1. Thank you for offering the live auction stream. Enjoyed it. Easy to follow along. Congrats on a great turn out for your 50 auction!!!

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