Held on July 23 at the Peppermill Resort in Reno, Nevada, the 2016 Coeur d’Alene Art Auction had some stunning results. Details here!
Approximately 750 bidders packed the auction room on July 23 at Reno’s Peppermill Resort for the single largest event in the field of classic Western and American Art: the famed Coeur d’Alene Art Auction. With over 313 lots available for bidding, organizers of the time-honored event were expecting spirited sales, but they weren’t expecting quite such a blockbuster.
Over 94 percent of the available lots were sold during this year’s event and approximately $18.2 million realized from the sale. Among the highlights of the auction was Howard Terpning’s “The Long Shot,” which blew away its $300,000-$500,000 estimate when it hammered for $1,379,000.
Still energized by the continued sense of immediacy from the CDA auction, Sue Simpson Gallagher, owner of Simpson Gallagher Gallery in Cody, Wyoming, and art consultant, felt the most exciting part of this year’s auction was the interest in extremes showing so many perspectives of Western art — diversity from Zimmerman to Warhol. “There were great opportunities to buy high-quality art of varied time periods and genres,” she says. “It was fascinating to watch some pieces go for twice the high estimates while others sold surprisingly low. I thoroughly enjoyed being in the high-energy audience and was impressed by the limited number of no sales.”