Museum sells 2 paintings for more than $19.5M
SANTA FE, N.M. (AP) — Santa Fe’s Georgia O’Keeffe Museum sold two paintings for more than $19.5 million.
The Albuquerque Journal reports “A Street,” from 1926, and 1928′s “Calla Lilies on Red” sold in Sotheby’s contemporary art auction Wednesday in New York.
“A Street,” a painting from O’Keeffe’s small series of New York cityscapes, sold for $13,282,500. It went into the auction with an estimated value of between $12 million and $18 million.
“Calla Lilies on Red,” one of several paintings the legendary artist made depicting the flower, sold below its $8 million-$12 million estimated value, at $6,282,700.
The proceeds will go to the museum’s acquisition fund for purchasing new items for the museum’s collection.
The buyers’ identities were not divulged.
Information from: Albuquerque Journal, http://www.abqjournal.com