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Dallas Auction Gallery Sets Record Auction Price for Contemporary Artist Carlos Cruz-Diez

Physichromie no. 511 by Carlos Cruz-Diez sold for $519,000 at Dallas Auction Gallery

Physichromie no. 511 by Carlos Cruz-Diez sold for $519,000 at Dallas Auction Gallery

Dallas Auction Gallery set a new record price for the contemporary artist Carlos Cruz-Diez during their April 25, 2012 Modern Art and Antique Auction. Lot 117, a Carlos Cruz-Diez multimedia piece, sold for a record price of $519,000.00 with an estimate of $150,000.00 to $250,000.00. Adriane Crosland, Director or Fine Arts, said “We were pleased to be able to offer this important work by Carlos Cruz-Diez that has remained in a private collection since 1970. Our aggressive marketing garnered interest internationally from both private collectors and dealers alike.”

The piece titled Physichromie no. 511 and was extruded PVC, Casein (Plaka), and acrylic inserts mounted on plywood with an aluminum strip frame.  The work measures 40 by 95 ½ inches and is signed, titled and dated 1970 on the reverse.   Carlos Cruz-Diez is known for his Kinetic art, and this piece was exhibited at the XXXV Biennale de Venezia, Venice, Italy 1970.

Scott Shuford, President of Dallas Auction Gallery, said, “We are very proud of the global interest we were able to generate for this spectacular work of art. Phone bidders from Spain, Italy, England, Brazil, Venezuela, Switzerland, and the United States made it an exciting auction. The consigner of this piece was very pleased.”

Another important work by contemporary Artist Paul Jenkins sold for $19,120.00 with an estimate of $8,000.00 to $12,000.00, a set of (3) Al Held “Untitled” ink and acrylic on paper sold for $17,925.00 with an estimate of $7,000-$10,000.00, an oil painting on board by Jean-Gabriel Domergue sold for $20,315.00 with an estimate of $5,000.00 to $7,000.00, and an oil painting on canvas done by the School of Frans Pourbus (The Elder) sold for $50,787.50 with an estimate of $10,000-$15,000.00.

Although fine art was the star of the auction, signed French furniture did not disappoint. With high-end auction houses selling similar pieces, Dallas Auction Gallery proved that they can out beat any house when it comes to signed French Furniture. Two outstanding prices realized came from  pieces out of an estate in Oklahoma City, an an E. Kahn Louis XVI style kidney shaped desk that sold for $65,725.00 with and estimate of $8,000 to $12,000.00, and a H. Conquet Louis XVI style commode a vantaux selling for $59,750.00 with an estimate of $20,000 to $30,000.00.

DAG also hit a high note with an exquisite collection of Royal Worcester by George Owen. Lot 63 a Royal Worcester potpourri and cover by George Owen sold for $32,862.50 with an estimate of $4,000 to $7,000.00, lot 74 a Royal Worcester reticulated vase by George Owen sold for $32,862.50 with an estimate of $4,000 to $7,000.00, and lot 88 a Royal Worcester reticulated ewer by George Owen sold for $21,510.00 with an estimate of $4,000 to $7,000.00.

Other highlights included:

  • Lot 93- Juan Downey, Dog with Venus mixed media on   paper.
    Estimate: $8,000-$12,000.00
    Price Realized: $20,315.00
  • Lot 129- Henry Moore, Standing Man bronze sculpture.
    Estimate: $15,000-$20,000.00
    Price Realized: $ 35,850.00
  • Lot 128- Pr. Venetian carved gilt and etched glass mirrors each featuring an elaborately carved gilt wood frame surmounted by a shell crest, flanked by pierced scrolls and flowers, the upper plate etched with scenes of classical beauties.
    Estimate: $8,000-$12,000.00
    Price Realized: $27,485.00
  • Lot 51- Lalique Miroir Cygnes clear and frosted glass centerpiece, the two frosted and etched glass swans resting on a mirrored plateau, etched to resemble rippling water. Both swans with etched signature, Lalique France.
    Estimate: $3,000-$5,000.00
    Price Realized: $15,535.00

About Dallas Auction Gallery

A family-owned and operated business, Dallas Auction Gallery is an international antiques and fine art auction house. The Gallery offers only the highest quality antiques and fine art, as well as impeccable client service and effortless, seamless transactions for both buyers and sellers. DAG’s highly trained auction specialists provide full-service estate consignment management and professional promotion and marketing, all designed to maximize values with the utmost integrity and personal service.  Both buyers and sellers appreciate the Gallery’s hands-on approach, simplified fee structure, and ability to handle estates of any size. The company recently launched Dallas Auction Gallery Appraisal Services for clients and estate planners interested in expert appraisals conducted by Members of the International Society of Appraisers (ISA), the worldwide standard of appraisal excellence. For more information, please visit www.dallasauctiongallery.com or call 214-653-3900.

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