Auctions | May 14, 2013

Andy Warhol Endangered Species Expected to Exceed $250,000 at Heritage Auctions

DALLAS — A portfolio of 10 screen prints from Andy Warhol’s Endangered Species, 1983, may bring $250,000 to lead Heritage Auctions' May 22 Modern and Contemporary Art Signature® Auction in Dallas. Each signed and numbered in pencil, the portfolio is presented in a single lot and is one of eight lots featuring the Master of Pop Art, to include Ads, 1985, ($200,000+), Liz, 1967, ($5,000+) and Teddy Roosevelt, from the Cowboys and Indians portfolio, ($12,000+).


“The fine Warhols are just a few of the more than 200 lots of fresh to market paintings, sculpture and photography offered in this auction," said Frank Hettig, Director of Modern & Contemporary Art at Heritage. “This is a powerful selection.”

Ed Ruscha’s Rustic Pines, 1967, ($150,000) created using gunpowder on paper makes a rare auction appearance from a private collection, as does his color screen print Double Standard, 1969, ($40,000+).  It is joined by Old Police Headquarters, New York City, 1984, by Richard Estes ($120,000+) and Mel Ramos’ oil on canvas Georgia Peach, 1964, ($80,000+).


Selected as the catalog cover lot to represent the auction’s selection comes Karl Benjamin’s #43, 1964, ($25,000+), which is offered alongside Roy Lichtenstein’s American flag-inspired Forms in Space, 1985, ($30,000+).

 

American sculptor Robert Longo’s Strong in Love, 1986, ($50,000+) leads a selection of fine sculptural offerings which includes Vase deux anses hautes, 1953, ($30,000+) by Pablo Picasso. 

 

Among the modern masterpieces in the auction, the magnificent, 7-foot Cobalt Chandelier, 2003, ($60,000+) created by artist Dale Chihuly is one of a handful ever to appear at auction. The Chandelier measures 7-foot tall by 6-foot wide and is illuminated by a neon core surrounded by hundreds of Chihuly's hand-blown glass elements.

 

The artwork is also externally lit. The Chandelier is offered at auction through the federal court-appointed receivership overseeing the sale of assets previously owned by R. Allen Stanford of Stanford Financial Group. Stanford is currently serving a 110-year prison sentence for orchestrating a multi-billion dollar Ponzi-scheme fraud, one of the largest in US history. The receivership is also auctioning Terrestrial Tale, a 10-piece, 42-foot-long cast bronze ($20,000+) by American modernist sculptor Terence Main.

 

Heritage Auctions is the largest auction house founded in the United States and the world’s third largest, with annual sales of more than $850 million, and 750,000+ online bidder members. For more information about Heritage Auctions, and to join and receive access to a complete record of prices realized, with full-color, enlargeable photos of each lot, please visit HA.com.

 

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