Founded in 1992 by Peter Loughrey, Los Angeles Modern Auctions (LAMA) is the first auction house to specialize in selling 20th century Modern Art & Design.

LAMA holds up to four auctions a year, plus occasional exhibits that are open to the public. For the casual buyer to the most dedicated collector, LAMA auctions offer quality, vetted modern material in every price range, including paintings, prints, furniture, and decorative objects. LAMA is source, and serves as a meeting point, for high quality works of art, practiced knowledge, and professional relationships in the realm of Modern Art & Design. With more than 20 years of experience, LAMA has carved a niche in the international market through milestone auctions featuring artists and designers such as Andy Warhol, Roy Lichtenstein, Pablo Picasso, Alexander Calder, George Nakashima, Mike Kelley, Ettore Sottsass, Charles & Ray Eames, Paul László, and R.M. Schindler. LAMA has also conducted auctions for prominent California estates, including those of Max Palevsky, Linda Sullivan, Dalzell Hatfield, James Byrnes, Richard Dorso, Julius Shulman, Richard Neutra, and James Prestini. From a single work of art to an entire estate, LAMA is the premier auction house on the West Coast to buy and sell Modern Art & Design.