LEXINGTON, KY (Nov. 20, 2013) – LeRoy Neiman’s Flat Racing, a one-of-a-kind glazed ceramic tile mural, sold for $291,000, including buyer premium, to top the inaugural Sporting Art Auction held Wednesday at Keeneland.
Totals sales for the evening surpassed $3.1 million.
“We couldn’t have asked for a better sporting art auction, especially for year one,” said Keeneland Vice President of Sales Walt Robertson. “Eighty-one percent of the pieces sold, which is tremendous, and 48 percent of those sold for more than the high estimate value listed in the catalog.”
The Sport Art Auction featured 174 lots representing fine sporting art, American paintings and sculpture from renowned artists. The auction was a collaborative effort between Keeneland, the world’s largest Thoroughbred auction house, and Cross Gate Gallery of Lexington, the country’s premier gallery of fine sporting art and contemporary British figurative painting.
“We are delighted with the great support we received from the Central Kentucky community, the horse industry, and sporting art collectors, who turned out in force to participate in the auction,” said Cross Gate Gallery owner Greg Ladd. “Their enthusiasm translated into spirited bidding throughout the evening.”
Two lots, Andrew Wyeth’s Marsh Hawk, and Mary Cassatt’s Children Playing with a Cat, bid to $4.8 million and $4.7 million, respectively, did not meet their reserves.