Los Angeles Modern Auctions Becoming Choice Auction House for Modern Art on the West Coast

LOS ANGELES, CA.- Los Angeles Modern Auctions (LAMA) achieved strong prices for original modern paintings and sculpture in Sunday’s auction, reinforcing LAMA as the auction house of choice for important 20th century original works. The June 26, 2011 Modern Art & Design Auction reached sales of $1.5 million selling 70.2% by lot and 71.5% by value. Original paintings and sculpture by top-tier artists brought the highest prices in the auction. Top lots include: • Robert Rauschenberg Untitled (Combine) 1958 (Lot 155 est. 100,000 – 150,000) realized $93,750 • Alexander Calder Butterfly and Spiral (Lot 10 est. $35,000 – 45,000) went over estimate bringing $75,000 • Angel Botello Untitled (No. 1781) (Lot 369 est. $45,000 – 50,000) and Untitled (No. 1919) (Lot 370 est. $35,000 – 45,000) totaled $90,000 • Richard Anuszkiewicz Gilt Order (Lot 15 est. $18,000 – 25,000) sold for $40,625 &#149