Peale’s George Washington Tops Auction of Sam Wyly Collection in Dallas

Rembrandt Peale’s, “George Washington” from the collection of Dallas entrepreneur, author, and philanthropist, Sam Wyly brought $293,000 earlier this month at Dallas Auction Galleries (DAG). The high estimate was $175,000.

The portrait of our first president is making its way around Dallas, having sold at Heritage Auctions, where it brought $662,500.00 including buyer’s premium, in May 2013. Wyly filed for Chapter 11 bankruptcy protection in October.

Also from the collection, Norman Rockwell’s, “Barbershop Quartet,” brought $209,000 with a presale estimate of $100,000-$150,000.

DAG also set two artist auction records starting with a trial proof of “Apple (from Ads)” by Andy Warhol selling for $161,000.00 to a floor bidder and “Old Pedro the Goat Herder” by Fred Darge selling for $59,375.00, again both from the collection of Wyly.

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