Freeman’s | Hindman attracted an impressive percentage of new buyers in its Post War and Contemporary Art auction on May 13, achieving $3 million in total sales with 78 percent of lots sold. The top lot of the sale was Fritz Scholder’s seminal work, Four Indian Riders, which realized $476,750—the artist’s second highest result at auction. Freeman’s | Hindman currently holds the highest two auction records for the artist and five of the overall top 10 records for Scholder.
Fritz Scholder (Luiseño, 1937-2005), Four Indian Riders, 1967. Oil on canvas, 60 x 72 in. Estimate: $400/600,000 SOLD: $476,750Chicago surrealist Gertrude Abercrombie exceeded expectations when her paintings Set for the Night and Moonlight and Landscape with Tree (Tree Lady) sold for $267,200 and $222,750, respectively. Both pieces surpassed their presale estimates of $50,000 to $70,000 and $60,000 to $80,000. All five artworks by Abercrombie in the sale saw competitive bidding and a 100 percent sell-through rate.
Gertrude Abercrombie (1909-1977), Set for the Night, 1950. Oil on Masonite, 5 x 7 in., signed and dated lower right; signed, titled and inscribed verso. Estimate: $50/70,000 SOLD: $267,200
About the sale, Zack Wirsum, senior vice president and head of the Post War & Contemporary Art department, says, “The Freeman’s | Hindman team rode four Fritz Scholder horses into town with saddle bags full of Gertrude Abercrombie magic tricks, bringing the best of our locally sourced home-grown flavors to the global New York marketplace table for our diverse yet cohesive…Post War & Contemporary Art auction. It was exhilarating to see both artists—whose markets we have been instrumental in creating—achieve remarkable results as the top two lots of the day, each going to different new bidders to the firm. In keeping with the global reach and local option theme, the Abercrombie will now be ‘all set for European nights,’ and we said goodbye [to the] horses on the Scholder to a collector who shares our New York zip code.” —
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