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Home > News, Articles & Multimedia > Worth Points > Original Maritime Painting by Edward Moran Brings a Record $300,000

Original Maritime Painting by Edward Moran Brings a Record $300,000

by WorthPoint Staff (11/13/12).

The top lot of a sale of some 200 works of art facilitated by Shannon’s Fine Art Auctioneers was this oil on canvas marine rendering by Edward Moran, titled “Summer Morning, New York Bay,” set a new world auction record price for the artist, selling for $300,000.

MILFORD, Conn. – “Summer Morning, New York Bay”—a marine rendering of boats in the early morning haze, with shad fishermen in rowboats by American artist Edward Moran—sold for $300,000 in an auction held Oct. 24 by Shannon’s Fine Art Auctioneers at the firm’s Milford gallery. It was a new auction record price for a work by Moran and the top lot in the sale.

In all, 200 works of art (a good percentage of them masterpieces or exceptional examples by the artists) came up for bid in an auction that grossed $2.5 million. Nearly 100 people were at the sale in person, while another 134 approved bidders participated online, through Artfact. A bank of 20 phones with close to 300 registered bidders were kept busy throughout the evening. The auction house also executed numerous absentee bids for prospective buyers.

“This auction was very successful, with bidders from 17 countries and 40 states,” said Sandra Germain of Shannon’s Fine Art Auctioneers. “The activity levels were high, and many of the works that sold exceeded our expectations. The key, of course, was the high level of quality paintings that came to us through consignment. It proved, once again, that quality prevails in the art market.”

“Summer Morning,” an oil on canvas painting, was signed in the lower left and dated 1873, and was also signed, titled and dated on the reverse. Moran (1829-1901) was renowned for his marine paintings and is credited with the Moran family’s entry into the art world. Born in England, he set up an art studio in New York City in 1872 and lived for years in Paris after 1877. This painting measured 24 inches by 42 ½ inches.

This oil on canvas painting by by Franz R. Unterberger, titled “Canal in Venice,” was the sale’s second top lot, gaveling for $180,000.

The auction’s second top lot— a stunning oil on canvas by Austrian painter Franz Richard Unterberger (1838-1902), titled “Canal in Venice”—would have been a headliner at most other art auctions. The 31-inch by 47-inch work, signed lower left, realized $180,000. Unterberger was best known for his colorful, romantic Italian views. He studied and painted throughout Europe.

Following are additional highlights from the auction (all prices quoted include a 20-percent buyer’s premium):

This very rare oil rendering of the Grand Canyon by American artist Arthur Wesley Dow sold for $120,000.

• Several other artist’s world auction records were set at the sale as well. One was for Nicholas Krushenick (Am., 1929-99), whose acrylic on canvas titled “United Color Kit,” soared to $102,000. Krushenick was a Modernist who took Pop Art to a whole new level, using primary colors and outlines of hard geometric shapes. The large, 51-inch by 39-inch work was signed and dated (March 1967).

• New auction records were also set for Lee Mullican (Am., 1919-98), for his signed, titled and dated (1957) acrylic on canvas titled “Sun Canyon,” 50 inches by 30 inches ($38,400); and Hannes Beckmann (Am., 1909-76), for his oil on canvas board titled “Equiniox” ($15,600). The 24-inch by 20-inch work was initialed lower left and dated (1963) and titled on the reverse.

• Two other paintings topped the prestigious $100,000 mark. The first was an oil on canvas winter rendering by Edward Willis Redfield (Am., 1869-1965), titled “Sleigh Days,” signed lower left and painted circa 1917, 20 inches by 24 inches ($168,000). Redfield was from the New Hope School in Pennsylvania and was an Impressionist landscape painter, known for his snowy scenes.

This oil on canvas by John George Brown, titled “Shoeshine Boy,” found a new home for $43,200.

• The second was an oil on canvas depiction of the Grand Canyon by Arthur Wesley Dow (Am., 1857-1922), titled “The Glory of Shiva, Shiva Temple, Grand Canyon,” gaveled for $120,000. The 24-inch by-18 inch painting was signed lower left and titled and dated (1912) on the reverse. The work is considered quite rare because it is only one of a few Grand Canyon paintings by Dow.

• An oil on canvas by Walter Launt Palmer (Am., 1854-1932) titled “Winter Stream,” signed, 28 inches by 28 inches, brought $90,000. Palmer was famous for his use of color to exemplify reflections of snow in water. Also, a gouache painting by Surrealist Movement artist Gerome Kamrowski (Am., 1914-2004), titled “Burning Spider Web,” signed and dated 1946, made $50,400.

• An oil on canvas painting by the Italian-born American artist Luigi Lucioni (1900-88), done in Manchester, Vt., in 1939 and titled “The Leaning Silo,” breezed to $45,600. The 17-inch by 24-inch work was signed lower right and dated. Also, an oil on canvas by Dale Nichols (Am., 1904-1985), signed and dated (March 9, 1948) and titled “For Sarah Day,” commanded $43,200.

• An oil on canvas by American artist John George Brown (1831-1913), titled “Shoeshine Boy,” 12 inches by 16 inches and signed lower right, went for $43,200. Brown was famous for painting children, especially poor street urchins. Additionally, an oil on canvas by French artist Marcel Dyf (1899-1985), titled “Grand Bouquet,” 12 inches by 16 inches, signed lower right, hit $38,400.

• A wood sculpture by Nancy Grossman (Am., b. 1940), titled “Vertical Message,” 65 inches tall and 13 ½ inches wide, signed, titled and dated (1964) on the reverse, sold for $33,600. Also, an etching with extensive hand-coloring in watercolors by renowned French artist Camille Pissarro (1830-1903), titled “Marche de Gisors,” drawn circa 1894-1895, topped out at $33,600.

This oil on canvas by Luigi Lucioni titled “The Leaning Silo” painted in 1939, earned $45,600.

• An oil on canvas by noted Russian-American artist David Burliuk (1882-1967), titled “Still Life on the Beach,” 30 inches by 25 inches, signed lower left and dated 1953, changed hands for $31,200. Also, a bronze sculpture by Harriet Whitney Frismuth (Am., 1880-1980), titled “Crest of a Wave,” 21 inches tall, signed and dated 1925 (Gorham Co., N.Y.), realized $28,800.

For more information about this auction, call 203.877.1711, e-mail sandra@shannons.com or visit Shannon’s Fine Art Auctioneers website.

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