The final opportunity to acquire a piece from one of the most revered prehistoric art collections in history and a truly remarkable assortment of beadwork drove a record number of bidders to Cowan’s April 6 American Indian and Western Art Auction. A capacity crowd in Cowan’s Cincinnati salesroom vied with nearly 500 bidders bidding over the phone and online for well over six hours on the way to a $1.4 million day (including a 20% buyer’s premium). All told, the auction featured 689 bidders, a record for a Cowan’s American Indian & Western Art auction.
“As soon as the consignments started coming in for this auction last fall we knew that we were going to have a big auction, but a lot of these prices were beyond our wildest hopes,” said Danica Farnand, Cowan’s director of American Indian & Western Art. “Today showed that not only is the market rebounding, but it’s growing. We saw 116 new bidders in this auction with a record number of bids coming over from Europe, particularly France. It’s a great time to be an American Indian & Western art consignor.”