Poster Auctions International’s Rare Posters Auction #87 held July 12, Totals Over $2.4 Million

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Summary

A number of designs sparked a flurry of bidding, leading to sales that well exceeded the estimated prices. Overall, the auction grossed just under $2.5 million.

Press Release

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New York, NY, USA, July 29, 2022 — Poster Auctions International’s (PAI) second sale of the year, on July 12, finished at $2,487,120. Rare Posters Auction LXXXVII saw continued enthusiasm for rare and never-before-seen lithographs from the Art Nouveau and Art Deco eras.

Jack Rennert, President of PAI, said, “I am consistently delighted by the enthusiasm demonstrated by our consignors and bidders, especially at this time of instability in the world. It is always hard to predict how our sales will perform, but time and again, our fellow poster lovers help us break previous sales records and prove that the poster is as powerful a medium as ever.”

A number of designs sparked a flurry of bidding, leading to sales that well exceeded the estimated prices. These include Marcello Dudovich’s extremely rare ca. 1925 Michelin, which sold for $26,400 (est. $17,000-$20,000); Geo Ham’s Monaco Grand Prix 1966, which earned $38,400 (est. $17,000-$20,000); and the anonymous ca. 1895 Cycles Gladiator, which broke pervious sales records for a total of $50,400 (est. $30,000-$40,000). James Ensor’s 1898 Salon des Cent / Exposition James Ensor also wildly surpassed previous sales with a final win of $16,800 (est. $7,000-$9,000). Collectors also clamored to win the anonymous 1906 Buffalo Bill’s Wild West / I Am Coming—not seen at auction since 1987—leading to a sale of $26,400 (est. $8,000-$10,000); similarly, the anonymous Wild West image from ca. 1894, An American, sold for $9,600 (est. $6,000-$7,000).

To learn more about Poster Auctions International, please visit www.posterauctions.com. Updates are posted often.