Gustave Loiseau steals the show at Hindman European Art auction
Artdaily_ Gustave Loiseau and Charles Amable Lenoir led Hindman’s European Art auction last week, with competitive bidding driving both lots to significantly exceed their estimates. Loiseau’s 1905 Le quai du Pothuis à Pontoise soared past its $80,000-120,000 estimate to realize $201,600, while Charles Amable Lenoir’s 1902 life-size Pandora doubled its high estimate, selling for $176,400 and setting a new world auction record for the artist. Overall, the auction realized $1,488,690, and 40 percent of buyers were new to Hindman.
The Loiseau and Lenoir paintings were highlights from the impressive Indianapolis estate, Linden House, built by collector, businesswoman, and philanthropist Christel DeHaan.
“We were delighted by the international attention the auction received,” commented Madalina Lazen, Director & Senior Specialist of European Art. “The Linden House collection provided exquisite, fresh-to-the-market material that attracted spirited bidding from new collectors around the world, highlighting the continued appetite for paintings of top quality.”