Oil on canvas by Edward Moran, titled The Winning Yacht (1877), brings $112,500 at Shannon's Oct. 25 auction

  • MILFORD, Connecticut
  • /
  • November 06, 2018

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Lot 61, EDWARD MORAN, American (1829-1901), "The Winning Yacht, “oil on canvas, circa 1877, signed, 40 x 32 inches, estimate $40,000-60,000 Sold for US$112,500
Shannon's Fine Art Auctioneers
Lot 77, ALFRED S. MIRA, American (1900-1981), Washington Square Park, oil on canvas, signed and dated, 25 x 30 inches, estimate $25,000-35,000 Sold for US$81,250
Shannon's Fine Art Auctioneers

MILFORD, CT. – Important American paintings from the 19th century through the contemporary era were available during Shannon’s semi-annual American and European Fine Art Auction on Thursday, October 25, 2018 in Milford, Connecticut. Featuring 237 lots, the auction included quality examples of American Impressionism, American Coastal scenes and Modernism.

The top lot in the sale was a sailing scene depicting a New York Yacht Club race by Edward Moran. The price climbed quickly as phone bidders relayed bids against the internet and the room. In the end the work sold to a phone bidder for a remarkable $112,500.

Shannon’s has historically achieved strong prices for scenes of New York City and this sale was no exception. Alfred Mira’s fresh-to-the-market view of Washington Square Park set a record, selling for $81,250 against a $25,000-35,000 estimate.

There were several other notable sales including Walter Schofield’s large Winter Landscape, 45x60 inches, that sold for $75,000 to a buyer in the UK. A masterpiece quality painting by Monhegan artist Andrew Winter achieved a $42,500 sale price against a $20,000-30,000 estimate and a light-filled oil painting of a Red Barn in the Winter by Walter Launt Palmer brought $75,000.

Owner Sandra Germain commented on the sale “We are very pleased with the results and the interest in our sales. We continue to see an increasing number of new collectors from all age groups which is encouraging.”

A unique offering in the sale was a William Wilcox On the Boardwalk, Atlantic City. The painting was in excellent original condition and attracted the attention of many collectors. It doubled the high estimate selling for $30,000. An A.F. Tait Solitude, Forked Lake, also in original condition, documented and exhibited sold for $37,500 against a $15,000-25,000 estimate.

Among the 237 lots in the sale, there were a few sleepers that attracted the attention of bidders online, on the phones and in the room. A rare winter landscape by Hugh Bolton Jones more than doubled its estimate selling for $13,750 against a $3,000-5,000 estimate. There were over 15 bidders on the phones for the lot. Another sleeper was a small Peto still-life of grapes which sold for $9,375 against a $2,000-3,000 estimate.

Lot 45, WALTER ELMER SCHOFIELD, American (1867-1944), Winter Landscape, oil on canvas, signed and dated, 45 x 60 inches, estimate $30,000-50,000 Sold for US$75,000
Shannon's Fine Art Auctioneers

For the full results of the October 25th auction, visit www.shannons.com. Shannon’s produces an extensive color catalog, which is available for sale on their website (shannons.com) or by calling 203.877.1711. If you would like to join the Shannon’s mailing list, you can sign up on the website or email the gallery at info@shannons.com.

Shannon’s Fine Art Auctioneers is always accepting quality consignments for future auctions. The next auction will be an Online Fine Art Auction in January 2019 followed by another cataloged Fine Art Auction in May 2019. To consign a single piece of artwork, an estate or a collection, you may call them at (203) 877-1711; or, e-mail at info@shannons.com. To learn more about Shannon’s Fine Art Auctioneers and the Thursday, October 25th auction, please visit www.shannons.com. Updates are posted frequently.

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Contact:
Sandra Germain
Shannon's Fine Art Auctioneers
(203) 877-1711
info@shannons.com

Shannon's
About Shannon's

Shannon’s Fine Art Auctioneers ~ Established 1997. Shannon’s prides itself on providing each client with personalized service, educating consignors and buyers on fine art, the auction process, and market trends. Spring and Fall Fine Art Auctions: Each year, Shannon’s hosts two cataloged fine art auctions in the Spring and Fall. These sales feature 200+ lots of paintings, drawings, fine prints, and sculpture from the 19th century through Contemporary. Winter and Summer Online Fine Art Sales: Shannon’s also hosts online auctions of Fine Art in January and June each year. These sales are hosted exclusively online with in-person previews available. Periodically, Shannon’s hosts online auctions of collections from single private owners or corporate collections. Our specialist areas include American Art, European Art, Modern Art, Contemporary Art, Fine Prints, Sculpture, Impressionism, and more. New England’s Premier Fine Art Auction House: Shannon’s is aggressively positioned to compete with New York City auction houses in the middle market. Shannon’s offers a bank of 20+ phone lines, online bidding, and has an app available to buyers. Targeted emails, full color catalogs, an extensive mailings list and a user-friendly website attract buyers from across the United States and internationally. Shannon’s Fine Art Auctioneers opened in 1997 as New England’s premier fine art auction house. Founded by partners Gene and Mary Anne Shannon, the firm quickly established an international reputation for integrity, knowledge of fine art, and personalized service. In 1998, their daughter, Sandra Germain joined the firm bringing her extensive background in business, marketing, and fine art. In 2014, Sandra assumed the position of Managing Partner. Shannon’s team of employees continues to provide personalized, responsive service to their clients that is unsurpassed in the auction market.


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