KENNETH NOLAND (1924-2010)
Provenance
Private Collection, FloridaSale: Sotheby's New York: Thursday, October 5, 1989, Lot 100
Sale: Christie's South Kensington: Friday, June 30, 2000, Lot 175
Private Collection, Florida, acquired from the above sale
Private Collection
Price1,500,000
History
From late 1958 and until 1961, Kenneth Noland created a mystique of devotion to the circle to demonstrate he could advance color as the generating source capable of neutralizing layout, shape, and composition. Though he was a former student of Josef Albers and Ilya Bolotwosky, the vibrant, pulsing hues dedicated to that simple form arrived unexpectedly from a much younger source, the brilliant 24-year-old Helen Frankenthaler, when Noland, Morris Louis, and Clement Greenberg visited her New York studio on April 3, 1953. That date, now etched in the annals of Post War art lore marks a dawning of an era when Post-Painterly Abstraction and Color Field Painting were to become viable alternatives to gestural abstraction and action painting. The two artists, deeply moved by the translucence of Frankenthaler’s vibrant washes of Mountains and Sea, returned to Washington D.C. and began to experiment with thinned paint concoctions. But whereas Louis allowed gravity to drip and pour thinned acrylic to produce cascading, translucent color veils, Noland chose a more traditional approach. He applied paint with brush or roller and produced vibrant and pulsing hues to create a successive series of geometrically oriented pictures embracing circles, ovals, chevrons, stripes, and diamonds. For both artists, spatial resonance and the lyrical quality of pure color became the driving force of inspiration. But it was Noland’s sparse geometry that provided a context of order and symmetry that elevated the emotional impact of color in unsuspected ways.
MoreMARKET INSIGHTS
- According to ARTDAI, a third-party art market analytics firm, the compound annual growth rate (CAGR) for Noland’s market prices is 9.51%.
- The record price for a Kenneth Noland painting at auction was just set in May 2021 when “Rocker” (1958) sold for $4,255,000 USD.
- Of the top 10 Noland sales at auction, all but one occurred within the last decade, signaling the strength of the artist’s market.
- A comparable chevron painting, “Baba Yagga” (1964) sold for $2,355,000 USD in 2018.
Top Results at Auction
Comparable Paintings Sold at Auction
- Similar chevron shape subject
- From a year later
- Same year
- Chevron shape subject
- Smaller painting from a year later
- Chevron subject with similar color palette
- Same year and subject
- Similar color palette
- Half the size