Keno Auctions Modern And Contemporary Sale Totals $1.2 MillionKeno Auctions Modern And Contemporary Sale Totals $1.2 Million

New York – Leigh Keno’s October sale confirmed the strength of the modern and contemporary art market with sales totaling $1,200,000, exceeding the high end of the presale estimate of $650,000- $1,140,000.

“With only 48 lots offered, the sell-rate was a healthy 80 per cent,” reported Leigh Keno. Telephone bidders and two determined bidders in the room battled it out for the top lot of the sale.

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Cindy Sherman (American, B. 1954)
UNTITLED FILM STILL #39, 1979

Letter Tied to Fight for Independence Is Found in Museum’s Attic
By New York Times

It was lying in a drawer in the attic, a 12-page document that was not just forgotten but misfiled. Somehow it had made its way into a folder with colonial-era doctor’s bills that someone in the 1970s decreed was worthless and should be thrown away.

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Leigh examining letter

Emilie Gruchow, an archivist at the Morris-Jumel Mansion, and Leigh Keno, the president of Keno Auctions, examining a manuscript that is scheduled to be sold at auction this month. Credit…Suzanne DeChillo/The New York Times

The Million at the Mansion
Story by Sherry Mazzocchi Photos by Marion L. Ward

An unexpected discovery at the Morris-Jumel Mansion yielded the highest auction price ever – nearly a million dollars – for a Revolutionary War-era document manuscript.

Brian Hendelson, a coin dealer from New Jersey, paid $912,500 at Keno Auctions for the 12-page, handwritten document written in 1775 by a founding father. He compared it to owning an original draft of the Declaration of Independence.

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Leigh Keno

“All of the proceeds benefit one of the finest house museums in New York City,” said Leigh Keno, President of Keno Auctions.