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Lot ID: 17433
Robert  Indiana:   For Friendship
 
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Estimate
US $2,500 - $3,500
End Time
Wednesday, November 11, 2009, 1:59 PM EST
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Description
Artist: Indiana Robert
Title: For Friendship
Style: Contemporary (ca. 1945-present), Pop Art (ca. 1950s-1960s)
Medium: Prints, Lithograph, Embossing
Year: 1990
Print/Casting Year: 1990
Size: height - 30 in, width - 22.5 in, depth - 0 in
Markings: signed, Signed and numbered, named and dated on bottom in pencil.
Edition: 33/35
Foundry/Publisher: Vinalhaven Press, Maine
Catalogue Raisonné: 139 Author: Sheehan
Estimate: from $2,500 to $3,500

Seller's Description:
Published in the early 1990s, Robert Indiana's The Hartley Elegies are an homage to American modernist and Lewiston native Marsden Hartley, a painter and poet with whom Indiana finds artistic and personal kinship. The imagery in these ten large-scale prints is drawn from Hartley's 1914-15 "German Officer" paintings, created after the death of the young soldier Karl von Freyburg, a devastating event in Hartley's life. In his distinctive hard-edged style, Indiana unites military insignia and geometric forms with references to Maine, America, war, and historical events to create a series of symbolic portraits.
  • Condition Report
    • Current lot doesn't have any damage.
  • Shipping Information
    • Shipping Carrier:
      FedEx, UPS, USPS, DHL
      Shipping Weight: 5 lbs
      Framing: No
      Item Location: Minnesota, USA
      Shipping Options:
      Insurance cost $17.50 based on .50 per $100 value
  • Payment & Return Policies
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      Sales Tax: none

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Sales Results for Comparable Work

  • Robert Indiana
    Love, 1991
    color etching and aquatint
    9.3 in. x 9.4 in. / 23.5 cm. x 23.8 cm.
    Signed, Stamped, Inscribed

    ed.AP 4/6

    Sold for US $3,750

    Doyle New York:
    Wednesday, April 30, 2008, (Lot 00339)
    Old Master Modern and Contemporary Prints

  • Robert Indiana
    The wall, 1990
    silkscreen
    20.5 in. x 27.2 in. / 52.0 cm. x 69.0 cm.
    Signed, Inscribed

    ed.90/100

    Sold for US $2,270

    Van Ham Kunstauktionen:
    Thursday, December 02, 2004, (Lot 00318)
    Moderne und Zeitgenössische Kunst

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Art Market Data

Robert Indiana Price Development
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    • The chart shows the annual average premium prices of lots sold by the artist, which are calculated by dividing the total sales volume of the premium prices of all lots sold by the number of lots sold. For 2009, the data included in the calculations is current through the 15th of June. The charts will be updated every three months.

      The data is culled from the artnet Price Database, which has collected auction sales results for over twenty years.

      Prices are stated in USD in order to facilitate comparison and analysis of the market reports. When sales took place in another currency, the conversion of that amount into USD was done on the basis of the average conversion rate applicable on the day of the sale.

      Although most auction houses these days report transactions in prices that include a buyer’s premium, some auction houses report only the hammer price. Based on an analysis of historical auction catalogs, we apply a formula to all records with hammer prices to estimate the effect of a buyer’s premium. All prices used in the charts are either reported in or equated to hammer price plus buyer’s premium.

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Prints Price Development
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    • The chart shows the annual average premium prices of lots sold within a certain collecting category, which are calculated by dividing the total sales volume of the premium prices of all lots sold by the amount of lots sold. artnet defined peer groups or artists representing certain collecting categories. To be included in artnet’s peer groups, artists need to have sold either at least 10 lots at USD 10,000 or more, or at least 40 lots at USD 5,000 or more, or at least 3 lots each year since 2006 of which at least 2 were sold over USD 5,000. Our Prints art peer group consists of 2,355 artists. For 2009, the data included in the calculations is current through the 15th of June. The charts will be updated every three months.

      *includes all Old Masters, 19th Century, Impressionist, Modern, Contemporary, American and Latin American artists who had any prints lots

      The data is culled from the artnet Price Database, which has collected auction sales results for over twenty years.

      Prices are stated in USD in order to facilitate comparison and analysis of the market reports. When sales took place in another currency, the conversion of that amount into USD was done on the basis of the average conversion rate applicable on the day of the sale.

      Although most auction houses these days report transactions in prices that include a buyer’s premium, some auction houses report only the hammer price. Based on an analysis of historical auction catalogs, we apply a formula to all records with hammer prices to estimate the effect of a buyer’s premium. All prices used in the charts are either reported in or equated to hammer price plus buyer’s premium.

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