Jacksons Indiana Art Auction – Indianapolis – April 11, 2010

Richard B. Gruelle watercolor painting, spring landscape with trees

Richard B. Gruelle watercolor painting, spring landscape with trees

Jacksons Auction & Real Estate Company conducted a Works on Paper art auction in Indianapolis, Indiana on April 11, 2010. The sale featured 176 cataloged lots, with a focus on Indiana artists. A 10% buyer’s premium was charged.

The auction house, which specializes in Indiana art, drew a considerably smaller crowd than usual, with about 35 bidders on the floor. Some absentee and phone bids also came into play. Prices were strong for the top lots, which included two record auction prices. However, interest was limited among the variety of the middle-tier and lower-end works.

An 1896 spring landscape painting by Richard Buckner Gruelle (pictured above), a member of the Hoosier Group brought a record price for a Gruelle watercolor. A Wayman Adams watercolor of a New Orleans couple is also believed to have set a record price, Bryon Jackson said.

p4A.com contributing editor Don Johnson