Category Archives: Auction Highlights

LAMA auction results and noteworthy occurrences

Recap October 17th Auction: Unsold Lots

After selling about 70% of the 509 lots offered in the October 17th Modern Art & Design Auction, most people ask us, “What happens to the other 30% of the lots that did not sell?”

Well, we offer them at reserve plus the buyer’s premium, so there’s no competing with other bidders. Therefore, you can get these pieces at the lowest prices possible, now!

Check out a selection of unsold lots featured on Los Angles Times L.A. at Home.

For inquires regarding unsold lots, please contact Shannon, shannon@lamodern.com or call 323-904-1950. For a print version of the complete list of unsold lots click here.

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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.

LAMA Brings World Record Price for Lalanne Monkeys

Los Angeles Modern Auctions (LAMA) announces Francois-Xavier Lalanne Singes Attentifs SI & SII, sold for a record price of $199,062.50 (est. $100,000 – 125,000) and was the top lot in the May 23, 2010 Modern Art & Design Auction.

For more on the monkeys check out Peter’s interview with the LATimes here!

Recap: May 23, 2010 Modern Art & Design Auction

Bringing together a selection of top quality material is a journey in itself, but actually seeing those items go up on the auction block for twenty seconds and find new homes is a whole other story.

The May 23, 2010 Modern Art & Design auction brought together a large assortment of 20th century material, each with a distinction, but all sharing one common theme: MODERN. Modern showed up in the forms of fine art, furniture, design, and decorative arts, ranging from Mid-Century, Early 20th century, California, Danish, and French design, to Contemporary, which made up the largest portion of the auction.

LAMA Showroom full of people for the May 23, 2010 auction

All the Warhols offered found buyers with a total realizing $216,518.75. Four pieces that stood out as surprises were the Francois-Xavier Lalanne Monkeys, doubling the low estimate of $100,000, realizing $199,062.50. Three other interesting lots that far exceeded their expectations were: Pipsan Saarinen Swanson Group of Outdoor Furniture realizing $14,700, Anna Katherine Skeele War Dance realizing $13,475, and Charles & Ray Eames “Hang-it-all” realizing $8,575.

The room was full of people, including Francois-Xavier Lalanne’s daughter, who was ecstatic to see her father’s pieces sell so successfully.

Francois-Xavier Lalanne's daughter holding up one of the monkeys

Overall the sale was a success, and we are thrilled with the results. To see the results, please click here. The online catalogue lists pieces that are unsold, which are still available for purchase (please call or email Shannon at 323-904-1950 or shannon@lamodern.com to make an offer).

LAMA May 23, 2010 Auction in the Press

The auction (which is this Sunday at Noon) is quickly approaching and we are so excited to see all the important 20th century art and furniture go up on the auction block!

Recently, the auction has gotten great press coverage.

Read about us online here on LATimes.com

or

Read about us online at KCRW.com

Lot 311 Henri Matisse, Figure Assise, Bouquet de Fleurs Devant La Mer, 1923, Lithograph, Estimate $18,000 - 25,000

Artist Appearance: Dora De Larios

As the preview continues, we are all getting excited for auction day to arrive! Today artist Dora De Larios came to the preview to see her pieces and the other offerings in the auction. Not only did we get to chat with her, but we also got to witness her sign one of her unsigned works from the Paul Kasper Estate. Check out these great photos!

Ruth Asawa Continuous Form Restoration: A Chat with Aiko Cuneo

Today as I walked into work for the first day of preview, I was pleasantly surprised to see Aiko Cuneo, Ruth Asawa’s daughter, steadily working to restore the Continous Form within a Form (Lot 246), which hangs in the front of our showroom.

Aiko noted that she only started restoring her mother’s work in 2003, and a lot of the techniques she has had to learn on her own. She also stated that as a child her mother taught her how to do basic loops, but never actually produced sculptures, just played with the technique.

I asked Aiko how long it would take her mother to make a sculpture this size (approximately 69 inches high), and Aiko plainly stated that her mother’s answer was always “a lifetime”.  A common misconception about these continuous forms is that Asawa created a fabric of loops and then molded it, but she actually created the shape by adding and subtracting loops, either working top to bottom or bottom to top, which Aiko said involves a lot of math. Additionally Aiko spoke of how her mother would revisit her earlier works and reinterpret these projects later, which shows her constant involvement and development of her own work.

We wish to thank Aiko Cuneo for coming to the LAMA showroom to bring the Asawa Continuous Form within a Form back to its original shape.