Monday, August 04, 2014

Auctions Around The World - What's Trending and What's Not

1. LONDON.- The Impressionist and Modern Art Evening Sale took place on the evening of 24 June at Christie’s London, realising £85,784,000/ $146,004,368/ €107,230,000 and selling 67% by
lot and 71% by value. The top price was paid for Ja – Was? – Bild („Yes-What?-Picture‟), 1920, by Kurt Schwitters which sold for £13,970,500/$23,777,791/ €17,463,125 setting a new world
record price for the artist at auction (estimate: £4- 6 million). In total, 22 works of art sold for over £1 million / 32 for over $1 million.

2. DALLAS, TX.- An 1860 campaign flag for Abraham Lincoln and his running mate Hannibal Hamlin (est. $20,000+) highlights Heritage Auctions’ American Political Item Collectors National Convention Auction, July 30-Aug. 2 in Denver. The American Political Items Collectors (APIC) is a non-profit membership organization, dedicated to promoting the collecting, preservation and study of materials relating to political campaigns and the U.S. presidency. Bidding will be held July 30 online via HALive! and from the convention floor at the Crowne Plaza Denver International Airport Hotel & Convention Center.

3. DALLAS, TX.- Two paintings by Chinese artist Lui Liu sold for more than $311,000 in Heritage Auctions' $1.9+ million Fine & Decorative Arts Including Estates Signature Auction in Dallas.

4. DALLAS, TX.- The original artwork featuring the first ever appearance of Wolverine, by artists Herb Trimpe and Jack Abel, on the final page of The Incredible Hulk #180 (1974), arguably the most important debut of a comic book character in the last 40 years, realized a world record price for any page of American comic art, and a world record price for any page of interior comic art, by far, when it brought $657,250 (including 19.5% Buyer's Premium) on May 16, 2014, at Heritage Auctions in Dallas.

 5. LOS ANGELES, CA.- Exceeding expectations at the Coins and Medals auction on June 2, the 1859 PCGS Proof 62+ Cameo $20, one of the finest and great rarities in the US Coin Series, was
purchased by a salesroom bidder for $210,600, reaching above its high estimated value. The coin was featured as the front cover image of the sale's catalog and was a special item in the Kernochan Family Collection along with the 1795 Small Eagle AU58 PCGS $5 coin, which sold for $57,330. This 1795 issue date marks the premier year that gold coins were struck at the U.S. Mint for half-eagle ($5) as well as eagle ($10) coins.

6. DALLAS, TX.- A group of 24 personally owned objects from the personal collection of moonwalker Alan Bean sold for $625,375 in Heritage Auctions' $1.1+ million Space Signature Auction in
Dallas May 14. The collection of 24 objects was led by a rare pair of Apollo 12 Lunar Module Flown and Surface-Used Scissors with Lanyard, which sold for $100,000.

7. HONG KONG.- Julian King, Sotheby’s International Specialist of Chinese Ceramics and Works of Art Department, said, “We are delighted with the results of our first series of Chinese works of
art sales at Sotheby’s Hong Kong Gallery, which follow on from the spectacular success of our Spring sales of the category in April that totalled HK$934.9 million / US$119.9 million. ur gallery space was perfectly
suite to the presentation of the pri ate collections on offer , and attracted a truly international group of collectors, who competed for the finest pieces against determined online bidding. The sales were a great success, achieving a total of HK$121.3 million / US$15.6 million, nearly double the low estimate of HK$62 million / US$8 million.

8. DALLAS, TX.- The Lauren Stanley Collection of Fine American & Mexican Silver, a rich selection of the finest examples from the 19th and 20th centuries, brought $988,000 in Heritage Auctions ' May 8-10 Fine Silver & Vertu Signature Auction. The three-day Dallas event totaled $1.3 million and was 91 percent sold by value and by lot.

9. LONDON.- Sotheby's London Old Master and British Painting Evening Sale soars over estimate to realise $117.1MThe top lot of the evening was George Stubbs’ Tygers at Play, which realised £7,698,500 ($13,194,459/€9,677,046) (est. £4-6m/ €4.9-7.3m / $6.7-10m). Painted circa 1770-75, this
masterful depiction of two leopard cubs ranks among Stubbs’ most popular subjects. The painting had rarely been seen in public, having been exhibited only four times since its original appearance at the Royal Academy of Arts in London. Coming from a distinguished British aristocratic collection, it had remained in the possession of a single family until 1962, when it was acquired by the past owners. Tonight it was acquired by an Asian private collector.

10. SYDNEY.- Record price for Chinese 'dragon box' stuns crowd at Bonhams Asian Art Sale in Sydney. A rare piece of blue-and-white Chinese porcelain sourced in Melbourne sold for more than 140 times its estimate during heated bidding at Bonhams’ Asian Art sale in Sydney yesterday.

11. LONDON.- A rare Louis XV vari-coloured gold and enameled snuff box was sold for £158,500 at Bonhams Fine Silver and Gold Boxes sale in London yesterday (18 June). It had been estimated at £100,000-150,000.

12. BEVERLY HILLS, CA.- New Orleans double eagles are highly sought after whenever they appear at auction, as was especially evident in Heritage Auctions' June 4-8, 2014 U.S. Coins Signature

13. LONG BREACH - Long Beach Coin and Collectibles Expo, where an 1854-O $20 AU55 NGC brought $381,875, amidst spirited bidding, to lead the offerings.

14. DALLAS, TX.- Heritage auctions part I of Gardner collection for $19.6 million. The sole finest known JR-1 variety 1796 dime led all results in the June 23 auction of The Eugene H. Gardner Collection Part I when it sold for $881,250. Overall, the coins in this auction sold for $19,627,872 million, an impressive result for any auction and doubly so for only 637 coins. All prices include a 17.5% Buyer's Premium.

15. PARIS.- Today at Sotheby’s Paris, the extremely rare and powerful work, by the important Italian 17th century Baroque artist Artemisia Gentileschi, achieved €865.500 ($1.179.832) against a pre-sale estimate of €200.000-300.000 – World Auction Record for the Artist. This masterpiece was rediscovered by Sotheby’
s Paris Old Master Department in an old collection in the South of France, after being hidden from view for 80 years.

16. NEW YORK, NY.-1776 Silver Dollar and 1792 Silver Center Cent sell for $1.41 million each at Heritage Auctions.  A 1776 Continental Dollar — the finest of only four silver Continental currency dollars known to exist from the birth of the American Republic — and a 1792 Silver Center One
Cent piece — one of the earliest and most famous of all 1792 Pattern Coins — both realized $1.41 million as the undisputed stars, May 16-17, 2014, at Heritage Auctions in the $11+ million Selections from the Eric P. Newman Collection IV Signature Auction. The Continental Dollar realized the highest price ever paid for a non-gold American colonial coin.

17. LONDON: Christie's Evening Sale of Old Master & British Paintings in London realises $77 million
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18. LONDON (AFP).- Artist Tracey Emin's unmade bed sells for $3.8 million at Christie's sale in London. British artist Tracey Emin's controversial 'My Bed' sold for £2.2 million ($3.8 million, 2.8 million euro), almost double its guide price, at an auction in London on Tuesday.
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18.LOS ANGELES (AFP).- California treasure trove found in eight cans makes over $1 million for lucky finders. A California couple who unearthed a treasure trove on their property are at least $1 million richer after buyers seized on the ancient gold coins sold at auction. The unnamed couple uncovered eight cans filled with more than 1,400 coins in March, in what is believed to be the most valuable treasure trove ever discovered in the United States. On Tuesday night they went on sale, and made over $1 million within the first hour, said Don Kagin of Kagin's Inc, a firm specializing in ancient coins, which valued the whole horde at $10 million.

19. LONDON Christies Auction House - A 4,000-year-old Egyptian statue expected to raise about £6m has sold for £15.76m at Christie's of London. Northampton Borough Council auctioned the Sekhemka limestone statue to help fund a £14m extension to Northampton Museum and Art Gallery.
However, Arts Council England had warned the council its museum could lose its accreditation status. The Egyptian ambassador to Britain said the council should have handed the statue back if it did not want it.
Sekhemka statue The limestone statue is 30in (76cm) high and it was "gifted" to Northampton in 1880
Sekhemka statue The statue of Sekhemka - who was a royal chief, judge and administrator - shows him reading a scroll His Excellency Ahsraf Elkholy Ahsraf Elkholy, the Egyptian Ambassador, condemned the sale Before the auction, Egyptian Ambassador Ahsraf Elkholy condemned the sale as an "an abuse to the Egyptian archaeology and the cultural property".He said: "Our objection starts from this basic principle: how can a museum sell a piece in its collection when it should be on display to the public?"
The ambassador said: "We are concerned this piece may be moved into a private collection.
'Darkest cultural day' "A museum should not be a store. Sekhemka belongs to Egypt and if Northampton Borough Council does not want it then it must be given back.
"It's not ethical that it will be sold for profit and also not acceptable. The council should have consulted with the Egyptian government."
Christie's said it would reveal details of the new owner later.
Protesters gathered outside Christie's before the sale said they wanted the statue to be returned to Egypt's Ministry of Antiquities.Sue Edwards, from the Save Sekhemka Action Group, who travelled from Northampton to the auction, said: "This is the darkest cultural day in the town's history.
"The local authority has made a huge mistake but we will continue our fight.

18. CLEVELAND, OH.- The gloves that Muhammad Ali wore in his 1971 Championship bout against Joe Frazier — the first of three fights between the two giants of pugilism, which would culminate in the legendary "Thrilla in Manila" — brought $388,375 on Thursday night, July 31, 2014, in Heritage Auctions' Sports Collectibles Platinum Night Auction at The House of Blues in Cleveland, OH. "'The Fight of the Century,' as it was billed, more than lived up to its billing despite the fact the Ali lost," said Chris Ivy. "I can think of no piece of memorabilia associated with it that could be more evocative than the gloves the Ali wore. Yes, he was defeated, but the fight really changed Ali as a man, starting the transition from a brilliant, rash rabble-rouser into the most beloved sports figure of the 20th century, if not of all time." At the time, both fighters owned a legitimate claim to the Heavyweight Championship of the World, though only Frazier held the ... More

1 comment:

Unknown said...

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