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Christina Rees

Christina Rees

Director of Public Relations and Communications

CRees@HA.com
Steve Lansdale

Steve Lansdale

Senior Public Relations and Communications Specialist

SteveL@HA.com
Rhonda Reinhart

Rhonda Reinhart

Intelligent Collector Editor and Communications Specialist

RhondaR@HA.com
Jesse Hughey

Jesse Hughey

Public Relations Specialist

JesseH@ha.com

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Press Release - May 19, 2005

Fine Art Produces Fine Results at Heritage

DALLAS, TEXAS: Heritage Galleries & Auctioneers (HGA) held their latest Fine Arts auction on May 11, 2005 in their Dallas, Texas headquarters. 913 bidders competed for 632 lots, 159 of them successfully. The sale realized $1,443,997 for 351 lots sold (55.53% of the total). 2 lots were purchased after the auction by 2 bidders for a total of $26,971.

"We're very pleased with the results of this auction," said Lucas Rigby, Consignment Director for HGA. "We saw a great deal of strength in all segments of the market, from painting to sculpture to photography, and across all historical periods, from the Old Masters such as Christiaan Luycks and Roelandt Savery to the contemporary Latin American painters like Fernando Botero and Wilfredo Lam. It was an electrifying event, and I'm anxiously looking forward to the next one in October."

Highlights of the May 11 auction included:

FERNANDO BOTERO (Columbian b. 1932)
Woman in the Kitchen, 1981
Watercolor on paper
63in. x 43.5in.
Signed and dated lower right
Provenance:Christie's NY, 1984. Purchased prior from Byron Lopez Salazar Inversiones "El Museo" Ltda Calle 37 No. 7-49 in Bogota, Colombia on June 15, 1983. ("El Museo" at the time was a restaurant/gallery where Fernando Botero would consign his work.) REALIZED: $149,375.

HARRIET WHITNEY FRISHMUTH (American 1880 - 1980)
Dream Days, 1939
Bronze
17.5in. tall
Signed in cast
Founder's mark: Roman Bronze Works, New York
REALIZED: $57,360.

WILFREDO LAM (Cuban 1902 - 1982)
Sin Titolo, 1974
Oil on canvas
19.5in. x 27.5in
Signed and dated lower right
REALIZED: $41,825.

EDOUARD LEON CORTES (French 1882 - 1969)
Oil on canvas
18in. x 21.5in.
Signed lower right
REALIZED: $41,825.

CHRISTIAAN LUYCKS (Belgian 1623 - 1653)
A Garland of Flowers
Oil on canvas
22.5in. x 20.25in.
REALIZED: $29,875.

Heritage Galleries & Auctioneers is currently accepting consignments for its next Fine Arts auction scheduled for October 19 & 20, 2005.

Enquiries for paintings, sculpture, photography and illustration should be directed to Lucas Rigby, 800.872.6467, ext. 483, LucasR@HeritageGalleries.com or Ed Jaster, 800.872.6467 ext. 288, EdJ@HeritageGalleries.com. Enquiries for fine silver, art glass and decorative arts should be directed to Bryan Abbott, 800.872.6467 ext. 320, Bryan@HeritageGalleries.com.