Will Value of Norman Rockwell's Art Rise after $46M Sale of One Painting?

Posted: Dec. 15th, 2013  |  By DailyLuxe News

Photo Credit: AP

The recent sale of American artist Norman Rockwell’s Saying Grace painting for $46 million at auction has raised questions concerning the value of other works by the prolific painter with 4,000 works to his credit.

Including Saying Grace, six Rockwell paintings sold for nearly $60 million this month at an auction by Sotheby’s, the world’s second largest high-end auction. It is uncertain whether that sale will prompt a spike in the value of any Rockwell painting in the future.

The artist, who is renowned for his paintings that were used as the covers for numerous Saturday Evening Post magazines gave away some of his paintings. Rockwell gave his work, The Babysitter, to a sixth grade class in Vermont that sent $48 to the artist along with and a request to buy a painting to memorialize a classmate that had died of leukemia.

An auction held on December 5 by Christie’s, one day after the Sotheby’s auction, sold other Rockwell paintings. The highest priced work of those sold went for $1.6 million.  

.... It must be noted that "Grace" is not just any Rockwell. The painting of a time-worn woman and young boy bowing their heads in prayer over a table in a bustling diner appeared on an enormously popular 1951 Saturday Evening Post Thanksgiving cover. It resonates in a special way, Plunkett, [deputy director and chief curator at the Norman Rockwell Museum in Stockbridge, Mass,] said.