By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Investing > Led by William Edmondson’s ‘Fox,’ Outsider Art Sale Nets More than $2.5 Million
Investing

Led by William Edmondson’s ‘Fox,’ Outsider Art Sale Nets More than $2.5 Million

News Room
Last updated: 2024/03/05 at 3:28 PM
By News Room
Share
4 Min Read
SHARE

Christie’s sale of so-called outsider art, or works by creators with no formal training, on Friday at its Rockefeller Center saleroom in New York City blew past its presale expectations, coming in at 147% against its low estimate or US$2.5 million.

MORE: Fine and Rare Wine Prices Are Beginning to Turn Higher

The top lot of the auction was William Edmondson’s Fox, a limestone sculpture from the 1930s that sold for US$378,000. Christie’s has an extensive history with the Nashville-born artist—in 2016, the auction house set a world record for outsider art when Edmondson’s Boxer sold for US$785,000. The son of freed slaves, Edmondson was a stone carver who created tombstones for his community, and ultimately went on to become the first African-American artist to have a solo exhibition at New York City’s Museum of Modern Art in 1937.

Coined in 1972 by the English art historian and critic Roger Cardinal, the term “outsider art” was originally used to describe the Art Brut movement, a label that was created by the French artist Jean Dubuffet in the 1940s to describe work produced outside the confines of the traditional art world. Since then, the definition of outsider art has expanded to refer to works by artists who have not had any formal training or who are not part of the art establishment.

“I was thrilled with the results of our March 1 Outsider Art auction. We had buyers from many collecting categories and achieved exceptional results for major works by William Edmondson, Winfred Rembert, Thornton Dial, and Minnie Evans, among others,” says Cara Zimmerman, head of outsider art, Christie’s.

This year marks a milestone for the auction house, as it has been a decade since Zimmerman helped launch its outsider art department.

“Outsider Art is often defined as work created by untrained makers who operate outside academic spheres,” Zimmerman says. “Christie’s offers this work because it is sophisticated, important, and engaging, and because it shows that art can and should powerfully reflect religion, popular culture, and lived experience of makers from many backgrounds and cultures.

”The sale featured objects from the collection of the visual effects pioneer Robert M. Greenberg, which builds upon the collector’s first sale of outsider art with Christie’s 21 years ago, prior to the category’s establishment. Another notable group of works came from the collection of Monty Blanchard—chair of the board of trustees at New York City’s American Folk Art Museum—and was sold in part to benefit the museum.

Additional notable lots included Thornton Dial’s Struggling Tiger Proud Stepping, which realized US$214,200, and two works by Winfred Rembert: Weigh Your Cotton (US$182,700) and Jeff’s Pool Hall (US$163,800).

Dial was one of the main attractions of Christie’s New York’s annual outsider and vernacular art auction, which was held earlier this year on Jan.18. The sale included a significant assortment of lots from the personal collection of Jane Fonda, including 14 artworks by Thornton Dial, his brother, Arthur Dial, and his son, Thornton Dial Jr.

Read the full article here

News Room March 5, 2024 March 5, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Trump’s assault on American greatness

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Why SCHD Deserves The Benefit Of The Doubt (NYSEARCA:SCHD)

This article was written byFollowA financial researcher and avid investor with a…

Japan business accuses Tokyo of ‘mistake’ in US trade talks strategy

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Iran’s foreign minister: Israel’s war sabotaged diplomacy. The US can revive it

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Wall Street turns more bullish on US stocks despite Donald Trump’s tariff threats

Stay informed with free updatesSimply sign up to the US equities myFT…

- Advertisement -
Ad imageAd image

You Might Also Like

Investing

Why Home Builders Are Bouncing Today—and Why Their Stocks Are Good Buys

By News Room
Investing

This Beaten-Down Industrial Stock Wants to Call America Home. Why It’s Time to Buy.

By News Room
Investing

These 8 Dividend Aristocrats Can Protect Your Portfolio in a Downturn

By News Room
Investing

Some Lenders Benefit From SBA’s Troubled Loan Program

By News Room
Investing

Social Security Is in Turmoil. Should You Lock In Benefits Now?

By News Room
Investing

Hims & Hers Stock Is Due for a Crash Diet. The GLP-1 Surge Is Fading Fast.

By News Room
Investing

Opinion: The stock-market selloff isn’t over yet. Here are 4 reasons why.

By News Room
Investing

With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?