After the astronomical prices we saw fetched at Sotheby's and Christie's earlier this month, the highlights at tomorrow's American Painting sale at Bonham's seem like bargains. That said, the past couple weeks haven't been great for people's investment portfolios, so it will be interesting to see if buyers are more jittery than they were three weeks ago.
The highlight of the sale is this painting, Woman with a Parasol in a Park, painted in 1891 and estimated at $400 - 600,000. Americans love American Impressionism, and the 1990s and early noughties were the heyday for American Impressionism. Since then, the buzz has calmed a bit, although there is still an active market for this genre in the US. Also featured in tomorrow's auction is an important painting by Robert Henri, one of my least favorite painters, and a nice winter scene by Guy Carleton Wiggins. Click here for more information about the sale at Bonham's.
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