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Wildlife Art
November/December 2004

I hear the Coeur d'Alene Art Auction went gangbusters this year. The July 24 auction, head at the Silver Legacy Resort in Reno, Nevada, saw sales of $18 million. Yep! You heard me right. Of the 283 pieces of classic and contemporary Western, wildlife and sporting art on the block, only two did not find a buyer, which means that 99.2% of the artworks sold. The most impressive sale was a 1908 oil painting by Thomas Moran, Mists in the Yellowstone, that was valued at $2 to $3 million. It sold for a whopping $4.9 million!

Bob Drummond, director, attributes the success of this year's auction to the quality of the art, which attracted nearly 700 bidders. "We had an exceptional collection of fine art that was estimated at reasonable costs," he says. "Good turn-of-the-century art of such fine quality and reasonable reserves is always going to draw interested buyers, and that's what we had this year."

Although the classic paintings commanded the lion's share of the proceeds, some contemporary artists fared pretty well themselves, including Ken Carlson, Clyde Aspevig, Martin Grelle, William Acheff and Howard Terpning.

Excerpt from Wildlife Art's "State of the Art."