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February 10, 2008 AUCTION HIGHLIGHTS

20th Century Design and Fine Art Auction:
Over 450 lots of Mid Century Modern Furniture, Fine Art, Glass, Ceramics, Books and Lighting.

Order your auction catalogue. 

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2007 AUCTION HIGHLIGHTS

Recent auction:

The California Design Auction
October 14, 2007

In keeping with their now established tradition of offering fantastic 20th Century design & fine art items, Los Angeles Modern Auctions (LAMA) is pleased to announce a record breaking auction.

The auction, focused on works that were designed or produced here in California, broke several auction records. 

The top record breaking examples include works by Judy Chicago (realized $288,000), Andy Warhol "Jane Fonda" (realized $45,000), Alvin Lustig (coffee table realized $13,200) and a Sam Maloof dining table (realized $144,000).

In additional record breaking sales include an Otto Natzler mobile (realized $49,200), Richard Diebenkorn print (realized $156,600), a group of Ed Ruscha books (realized $23,880), Architectural Pottery planters (group selling for over $76,000), and a Greta Grossman desk (realized $14,400).

The total sale was a record for LAMA with total realized sales of $1.9M.

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20th Century Design and Fine Art Auction:
June 3, 2007
 

They did it again!

In keeping with their now established tradition of offering fantastic 20^th Century design & fine art items, Los Angeles Modern Auctions (LAMA) once again broke several world auction records in realized sales.

Andy Warhol's "Marilyn" (#28) sold for a world auction record of $144,000 while an Edouard Marcel Sandoz "Monkey" sculpture with impeccable provenance realized $18,600 (a record for the artist), and the Paul Schreckengost Teapot also topped the world auction record realizing $48,000 (estimated at $10,000-15,000).

The standing room only bidding together with the heavy phone bidders seeking anonymity sparked another auction season where hundreds of happy buyers and sellers sold their treasured belongings through LAMA.

With bidders participating as far away as China, Korea, Japan, Australia, England and Europe, it was exciting just to watch the flurry of action on each lot at such a quick pace –selling on average 70 lots per hour. 

The total sale realized $1.33M against a low estimate of $950,000.  The average lot sold for $4,000 and once again LAMA was pleased with their 84% sell through rate (one of the highest in the business).