Peale’s Portrait of Washington Sells for Record Price

Posted in Art Market by Editor on May 20, 2013

With this posting on auction results, I would remind readers that we’re keeping up with past and upcoming auctions on HECAA’s Pinterest boards. -CH

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Press release from Heritage Auctions:

Rembrandt Peale (American, 1778-1860), George Washington, circa 1856. Oil on canvas, 36-1/2 x 29 inches

Rembrandt Peale, Portrait of George Washington, ca. 1856, oil on canvas, 36 x 29 inches

Rembrandt Peale’s iconic portrait of U.S. President George Washington — created in the artist’s lifelong quest to paint the most recognizable image of the ‘Father of the United States’ — realized a new world record for a porthole portrait by the artist when it sold for $662,500 to lead Heritage Auctions’ two-day, $4.5+ million American art events in Dallas. The May 10-11 events spanned American Indian art, Texas, Western and California Art and masterpieces of fine American art. The auction sold 88 percent by lot and 93 percent by value and pushed three artists’ records past $500,000.

Peale’s portrait of Washington was presented with his equally iconic portrait of Martha Washington, which reached $158,500. . . .

The full press release is available here»

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