Auction Industry

Freeman’s announces latest Modern & Contemporary Art auction with fresh-to-market works

By Art Daily

Published on Oct 23, 20

An important double figure sculpture by British Modernist Lynn Chadwick will come to the market for the first time in decades.

PHILADELPHIA, PA.- On November 17th, 2020, Freeman’s will hold its latest Modern & Contemporary Art auction. The auction includes several notable single-owner sections of important works from prominent collections, all of which are fresh to the market, including the market debut of Clyfford Still’s PH-491.

The biannual Modern & Contemporary Art sale is an opportunity for seasoned and emerging collectors alike to consider works spanning the Modern period up to the present day. The November auction will have significant examples ranging from Modernism, Abstract Expressionism, and Pop Art.

HIGH EXPECTATIONS SET BY PREVIOUS SALES
Freeman’s Modern & Contemporary Art department has earned a reputation for presenting exceptional works from a breadth of artists and movements. The department’s previous Modern & Contemporary Art auction in May of 2020, for example, offered pieces by Alex Katz, Henri Matisse, and Andy Warhol, among many others.

The May sale achieved a sell-through rate of 95% and earned over $1 million. Works by Matisse and Katz reached or exceeded their high estimate. Meanwhile, the screenprint Chanel by Andy Warhol attained its second-highest price ever at auction, realizing $175,000.

IMPORTANT ABSTRACT EXPRESSIONISTS, POP ARTISTS HIGHLIGHT OFFERINGS
Leading the sale are significant works from the Abstract Expressionist movement, including an energetic and colorful painting by Hans Hoffman, Landscape No. 109. Another excellent Abstract Expressionist work in the sale is Clyfford Still’s PH-491, which Freeman’s will bring to the market for the very first time. Though a vital element of the artist’s oeuvre, Still’s drawings were rarely shown during his lifetime, and seldom appear in the marketplace.

As part of the sale, Freeman’s will present works from the prestigious collection of Gates and Eleanor “Lallie” Biddle Lloyd. Pieces by Philadelphia’s own Alexander Calder and an important double figure sculpture by British Modernist Lynn Chadwick will come to the market for the first time in decades.