Magazine article Southwest Art

Coeur d'Alene Art Auction

Magazine article Southwest Art

Coeur d'Alene Art Auction

Article excerpt

Peppermill Resort, July 24-25

WITH $225 MILLION in sales over the last 10 years and regular appearances of works by blue-chip artists such as Charles M. Russell, Frederic Remington, and Frank Tenney Johnson, the Coeur d'Alene Art Auction has gained a reputation as a bellwether sale in the western art market. Three hundred lots are up for auction this year, and opportunities to preview them begin on Friday, July 24, at 9 a.m. The preview opens again at 8 a.m. on Saturday, July 25, the day of the auction. Bidding begins at noon and continues throughout the afternoon until the sale is complete.

"We get excited when we get a piece directly from a private family collection that has held it since it was painted by the artist," says Mike Overby, one of the auction principals. One such work is INDIAN BY FIRE, which Joseph Henry Sharp (1859-1953) painted and gave to the consigner's grandparents as a wedding gift in 1912. The work has been in the family's collection ever since and is appearing on the market for the first time, where it is expected to fetch $200,000 to $300,000. A second private collection includes another dozen works by members of the Taos Society of Artists.

There are more than 20 works by Charles M. Russell (1864-1926) in the sale, including WILD HORSES, a watercolor with an estimated value of $800,000 to $1.2 million. One of Russell's rare, tabletop-size bronze sculptures, THE BRONC TWISTER, is also available for $300,000 to $500,000.

The auction also includes WHEN TRAIL-WEARY CATTLE ARE SLEEPING, a major oil by Frank Tenney Johnson (1874-1939), which could net up to $600,000; and SUMMER IN THE MOUNTAINS, a landscape by Birger Sandzén (1871-1954), valued between $400,000 and $600,000.

Although the auction specializes in western and wildlife paintings and sculpture from 1840 to 1940, it features works by contemporary artists as well, which make up a quarter of the available lots. …

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