Dallas Auction Gallery is pleased to offer property from the family of Mimi and Herman W. Lay, founder of H.W. Lay & Company (makers of Lay’s potato chips); the Collection of Mr. and Mrs. I. C. Deal; as well as estate property from New Orleans, Louisiana and the Southern region in their Modern & Contemporary Art Auction on October 24th, 2012.
The sale will feature Modern, Contemporary and Latin American Art from artists such as Bernard Buffet, Jean Dufy, Pablo Picasso, Henry Moore, Gerhard Richter, Leon Golub, Carlos Cruz-Diez, Armando Morales, Diego Rivera, Leonora Carrington, Gunther Gerzso, Arturo Michelena, Antonio Asis, Li Chen, Lui Liu, Anton van Wouw, Eve Arnold, Lawrence Schiller and Philippe Halsman.
Dallas Auction Gallery is excited to announce the appointment of Michelle Castro as Director of Fine Arts. Ms. Castro has built a strong reputation in the art market through her extensive gallery and auction house experience in New Orleans. Private collectors, art institutions and estate representatives all value the careful eye and discretion of Ms. Castro. Michelle Castro, newly appointed Director of Fine Arts for Dallas Auction Gallery, said, “We are pleased to offer an impressive collection of Modern & Contemporary art in our October sale.
Dallas Auction Gallery is always striving to bring fresh pieces to the market, and I am thrilled to be the newest member of the Dallas Auction Gallery team.” Bidding is available live, by phone, by absentee bidding, or online through liveauctioneers.com.
Highlights of the October 24th auction include:
Gerhard Richter, “Untitled (2.6.84)” watercolor nd color crayon on paper. Dated in pencil lower right “2.6.84” and pencil signed lower right “Richter”; signed and dated in pencil on the reverse “Richter, 2. 6. 84″. Sheet: 6.5″H x 9.5″W; Frame: 14″H x 16.5″W. This work is registered with the Gerhard Richter Archiv, Staatliche Kunstsammlungen Dresden. A certificate from the Gerhard Richter Archiv accompanies this lot. Provenance: From the family of Mimi and Herman W. Lay, founder of H.W. Lay & Company (makers of Lay’s potato chips) and former CEO of Frito Lay and PepsiCo. Gerhard Richter (German, b. 1932). Estimate: $60,000-$80,000
Li Chen, “Pure Land” bronze sculpture. Engraved on the base “Li Chen” in Chinese and dated “1998”; signed and numbered on the underside of foot “Li Chen 8/8″. 29″H x 52″W x 16″D. Provenance: Acquired in 2006 from Ode to Art, Contemporary Asian Art, Singapore by a Private collector, Dallas, Texas. Estimate: $180,000-$220,000
Pablo Picasso, “Nu Couche” pencil on paper, executed in 1921. Signed lower left “Picasso”. Sheet: 7.375″H x 10.5″W; Frame: 12.5″H x 13.75″W. Pablo Picasso (Spanish, 1881-1973). This lot is accompanied by a photo certificate issued by Maya Widmaier Picasso dated May 2000. Provenance: Galerie Kaethe Perls, Paris; Lee A. Ault, New York; Perls Galleries, New York; Sotheby’s New York, November 8, 2001, lot. 255; Private collection, Dallas, Texas. Estimate: $40,000-$60,000
Armando Morales, “Figures” oil on canvas. Signed and dated lower right “Morales 68″, titled and dated on stretcher verso, with gallery label on the reverse “Galeria Bonino, Ltd., New York”. Canvas: 64″H x 51.25″W; Frame: 65.5″H x 53″W. Provenance: Galeria Bonino, Ltd., New York; Private collection, New York. Estimate: $120,000-$180,000
Li Chen, “Avalokitesvara” bronze sculpture. Engraved on the reverse “Li Chen” in Chinese and dated “1999”; signed and numbered on the reverse “Li Chen 1/8″. 46″H x 43″W x 21″D. Provenance: Acquired in 2006 from Ode to Art, Contemporary Asian Art, Singapore by a Private collector, Dallas, Texas. Estimate: $150,000-$220,000
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A family-owned 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 appraisers and 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. For more information, please visitwww.dallasauctiongallery.com or call 214-653-3900.