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Auction Results in the News
Bloomsbury Auctions' NYC Fine Wine debut totals $1.365 million PDF Print E-mail
Written by Auction Central News Staff   
Monday, 29 June 2009 12:16
Twelve bottles of 1989 Petrus topped prices realized in Bloomsbury's New York Fine Wine debut, selling to a LiveAuctioneers bidder for $26,290. Image courtesy LiveAuctioneers.com Archive and Bloomsbury Auctions.

NEW YORK - Bloomsbury Auctions successfully entered the fast-growing wine auction market on June 19 with a competitive 17 percent buyer's premium and a set of guarantees unmatched by any other wine auction house. The sale concluded with a solid 67 percent sell-through rate overall, with 100 percent of the champagne lots sold. Additionally, the sell-through rate for Bordeaux was 83 percent. The top lot, and 124 others, sold through LiveAuctioneers.com.

In keeping with Bloomsbury Auctions' company mission to sell at every level of the market, auction buyers were attracted by an incredible selection of prized Bordeaux and Burgundy along with an eclectic mix of wines from single bottles to regions not typically found at auction.

LiveAuctioneers helped pop the virtual cork to initiate Bloomsbury's exciting new department, with 125 lots selling online during the high-profile event. To no one's surprise, the lot comprised of 12 bottles of 1989 Petrus, the Bordeaux blend described by wine connoisseur Robert Parker as "stunningly opulent, rich, full-bodied...exotic...remarkably youthful," was in strong demand. A LiveAuctioneers bidder ultimately prevailed with a $28,680 bid.

Six 1.5-liter bottles of 1982 Chateau Lafite Rothschild - regarded as the modern-day equivalent of the vintner's immortal 1959 vintage - were headed to another LiveAuctioneers bidder's wine cellar, after a successful bid of $26,290 was lodged against the presale estimate of $15,000-$19,200.

Other top selling lots included:

• 12 bottles of 1995 Petrus which sold for $13,145 (Estimate: $10,800-$12,900)
• 12 bottles of 2003 Ausone which sold for $12,870 (Estimate: $10,800-$14,400)

"We are delighted with the results of our inaugural wine auction and believe we have made significant headway in changing the game in this market," said Bernard Frelat, CEO Bloomsbury Auctions, New York. "With our attractive buyer's premium, unique money-back guarantees and a broad choice of wines, auction buyers can truly build their cellars with confidence."

"Only through Bloomsbury Auctions, do buyers have a full-cellar solution for both investment and consumption along with an unprecedented level of protection on their purchases," added Dave Sokolin, president of Sokolin LLC, who handled the wine expertise and logistics for Bloomsbury Auctions.

Bloomsbury Auctions plans on holding several wine auctions per year, with its next specialty wine event scheduled for October 2009. Consignments will be accepted until July 31, 2009.

Click here to visit the online catalog, with prices realized, for Bloomsbury's June 19 sale.

Last Updated on Monday, 29 June 2009 12:34
 
Allan Adler sterling flatware commands $15,525 at Leland Little PDF Print E-mail
Written by Auction Central News Staff   
Monday, 22 June 2009 14:43
Allan Adler service: Complete 132-piece modern hammered sterling flatware service for 12 by Allan Adler, $15,525.

HILLSBOROUGH, N.C. - An important and complete 132-piece modern hammered sterling flatware service for 12 by the renowned California silversmith Allan Adler sold for $15,525 at Leland Little's June 13-14 Historic Hillsborough auction. It was the grand opening event for the firm in its new gallery location, at 620 Cornerstone Court in Hillsborough.

Allan Adler honed his craft in California in the 1930s, and developed a strong following among many Hollywood celebrities (he once hosted Katharine Hepburn at his workbench as an apprentice), as well as presidents, museum curators and silver collectors. He once described his work as "clean lines with a bent toward the unconventional," and that was evident in the large service that changed hands.

The silver service was the top earner of the more than 800 lots that crossed the block during the two days. About 250 people packed the showroom for the Saturday session, while around 150 bidders were counted on Sunday. Just under 1,000 absentee and phone bids were recorded going into Saturday, and Internet bidding was brisk via LiveAuctioneers.com, with around 500 registered bidders participating online.

Last Updated on Monday, 22 June 2009 16:15
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Print of iconic Einstein photo sells for $74K PDF Print E-mail
Written by DAVID TIRRELL-WYSOCKI, Associated Press Writer   
Monday, 22 June 2009 08:30
Albert Einstein, photo taken by UPI photographer Arthur Sasse. Image courtesy RRAuction.com.

CONCORD, N.H. (AP) - One of the original signed prints of Albert Einstein sticking his tongue out at photographers has been sold by a New Hampshire auction house for $74,324.

"Every kid has it in their dorm room on the wall," Bobby Livingston of RRAuction.com in Amherst said Saturday. "It's such an iconic display of freedom of speech."

The picture was taken in 1951 by UPI photographer Arthur Sasse after a 72nd birthday celebration for the physicist. As Sasse tried to coax a smile for the camera, Einstein stuck out his tongue.

Two years later, at the height of the McCarthy anti-Communist hearings, Einstein signed the photo and gave it to broadcaster Howard K. Smith as a gesture of his admiration of Smith's work.

Translated from German, the inscription says: "This gesture you will like, because it is aimed at all of humanity. A civilian can afford to do what no diplomat would dare. Your loyal and grateful listener, A. Einstein '53."

By 1953, Einstein had begun speaking out against McCarthyism.

"Einstein, escaping Nazi Germany, fully understood what was happening in this country and was commenting on it," Livingston said. "That's what makes it so special, he wrote on it and explained his intentions."

David Waxman of Great Neck, N.Y., is the new owner. He is a specialist in important scientific books and autographs.

Waxman said the image probably is the best-known picture of Einstein, appearing on T-shirts and even currently on a New York City billboard.

He said Einstein's inscription makes it even more valuable.

"It's one of a kind, highly important, speaks to the culture, speaks to anybody who looks at it and thinks about it a bit," Waxman said. "It's a message of intelligent nonconformity."

Waxman intends to put the photo up for sale, perhaps with other photos of famous scientists.
____

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-ES-06-20-09 1511EDT

Last Updated on Monday, 22 June 2009 09:08
 
Mass. furniture store purchases Enchanted Village display at auction PDF Print E-mail
Written by Auction Central News Staff   
Monday, 22 June 2009 08:21
Scene from Enchanted Village, auctioned on June 18, 2009. Image courtesy LiveAuctioneers.com.Scene from Enchanted Village, auctioned on June 18, 2009. Image courtesy LiveAuctioneers.com.

BOSTON (AP) - The Enchanted Village has a new home and will continue to enchant Boston-area shoppers during the Chrismas holidays.

Jordan's Furniture purchased the iconic holiday display from the City of Boston for $140,000 at a public auction on Thursday, June 18. Jordan's president Eliot Tatelman - who topped six other bidders - said he fondly recalled strolling through the Enchanted Village as a child.

Tatelman plans to set up the display at Jordan's store in the Boston suburb of Avon.

The 8,000-square-foot attraction includes dozens of mechanized people and animals in a traditional New England holiday scene.

It was originally set up at the old downtown Jordan Marsh department store - no connection to Jordan's Furniture - to attract holiday shoppers.

The Enchanted Village was most recently housed at the Hynes Convention Center, but hasn't been open to the public since 2006.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-ES-06-18-09 2152EDT

Last Updated on Monday, 22 June 2009 09:43
 
Kenzo auction in Paris nets $2.63 million PDF Print E-mail
Written by ASSOCIATED PRESS   
Friday, 19 June 2009 08:05
Burmese sculpture of Buddha, sold for $88,575 in Aguttes' Paris sale of the Kenzo Takada collection. Image courtesy Aguttes.

PARIS (AP) - A Paris auction of art belonging to Japanese fashion designer Kenzo Takada has netted $2.63 million.

Auctioneer Claude Aguttes said Wednesday that 75 percent of the sale's 1,100 items were sold.

Kenzo decided to part with the collection, acquired over the past two decades, when he sold his Paris mansion to move into a smaller Left Bank apartment.

The collection included a rich variety of Eastern and Western art, from bronze Buddhas to Hopi Kachina dolls from the American southwest. An 8th-century Buddha sculpture from Burma sold for $88,575, while the Kachinas fetched $14,115.

Some of the auction's lots didn't sell, however, including a set of 16th-century red lacquerwear from a Japanese monastery.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-CS-06-17-09 1544EDT

Last Updated on Friday, 19 June 2009 10:12
 
$19,550 English silver salts spice up Kaminski's May auction PDF Print E-mail
Written by Auction Central News Staff   
Monday, 15 June 2009 16:38
Pair of rare 19th-century English silver salt cellars, $19,550. Image courtesy LiveAuctioneers Archive/Kaminski Auctions.

BEVERLY, Mass. - Kaminski Auctions' May sale, which took place May 30-31, 2009, attracted bidders both locally in Massachusetts and internationally via phone and through the Internet via LiveAuctioneers.com. Day one of this two-day sale featured general fine art, antiques and collectibles, while day two highlighted a diverse selection of maritime antiques and memorabilia. Consignments hailed from estates spanning Massachusetts to Kaminski's second location in California. All prices quoted include a 15% buyer's premium.

A pair of rare 19th-century English silver salt cellars stole the show. Each boasts a figural design with shell, butterfly and salamander accents. The salt cellars are marked Edward and James Barnard, and two accompanying spoons are marked George Angell. Estimated $10,000-$15,000, the duo realized $19,550 after a volley of more than 20 bids.

Last Updated on Tuesday, 16 June 2009 09:08
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1870s Lincoln stamp: stolen, found, auctioned for $431,250 PDF Print E-mail
Written by ASSOCIATED PRESS   
Monday, 15 June 2009 09:52
Obverse view of the Ice House Cover bearing a Lincoln stamp, posted to India in 1873. Sold for $431,250 by Robert A. Siegel Galleries. Image courtesy Robert A. Siegel Galleries.

NEW YORK (AP) - A rare Abraham Lincoln stamp that was stolen from Indiana in 1967 and surfaced 39 years later in Chicago has sold at auction for more than $400,000.

The stamped envelope was offered at auction by order of the Dorothy Jean Baker Revocable Trust and was sold on Saturday, June 13, 2009 at Manhattan's Robert A. Siegel galleries.

The buyer is Arthur K.M. Woo, a doctor who would reveal nothing more about himself.

Dr. Woo paid $431,250 (inclusive of 15 percent buyer's premium) for the 90-cent stamp. It had been entered in the sale with an estimate of $300,000 to $400,000.

The so-called Ice House Cover with Lincoln's likeness is on an envelope mailed from Boston to an ice house in India in 1873.

The stamp vanished from its owner's safe in Indianapolis and turned up in 2006 at a home in Chicago. A collector notified police.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-CS-06-14-09 0048EDT



ADDITIONAL IMAGES OF NOTE
Obverse and Reverse view of the Ice House Cover bearing a Lincoln stamp, posted to India in 1873. Sold for $431,250 by Robert A. Siegel Galleries. Image courtesy Robert A. Siegel Galleries.
Last Updated on Monday, 15 June 2009 12:48
 
NYC auction of Ben Franklin's almanac nets $557K PDF Print E-mail
Written by RICHARD PYLE, Associated Press Writer   
Thursday, 11 June 2009 11:49
Poor Richard's Almanac, Benjamin Franklin, 1733, sold at Sotheby's for $556,500 on June 9, 2009. Image courtesy Sotheby's Inc.

NEW YORK (AP) - When members of the local historical society in Berwick, Pennsylvania, found a dusty, long-ignored copy of Benjamin Franklin's 18th-century "Poor Richard" almanac on their shelves a few months ago, they decided to find out whether it could be real.

The answer was yes - emphatically confirmed on Tuesday at the Sotheby's auction house, where an anonymous bidder paid $556,500 for the 1733 edition, the second highest price ever for a book printed in America.

That was big news in Berwick, an old manufacturing city of 10,000 residents about 95 miles (150 kilometers) northwest of Philadelphia, where Franklin, using the pseudonym Richard Saunders, printed thousands of copies of his almanac between 1733 and 1760, dispensing advice and aphorisms along with "lunations, eclipses, judgment of the weather" and other data relevant to the 40-degree latitude "from Newfoundland to South Carolina."

Last Updated on Thursday, 11 June 2009 12:18
Read more...
 
Auction disperses car museum's collection PDF Print E-mail
Written by Associated Press   
Monday, 08 June 2009 07:33
SHREVEPORT, La. (AP) - A 1978 Corvette Indianapolis 500 pace car with only 7.8 miles on the odometer and a 1911 Model T light delivery truck described as "Mr. Pedro's Pie Wagon" were put up for auction Saturday at Shreveport's Antique & Classic Car Museum. But bids never reached the unannounced minimum prices for the Model T truck or the Corvette, so they were not sold.

Everything in the museum was for sale, from a 1926 Essex Super 6 to a one-horse open sleigh made in 1899, and the life-size model horse that
posed in front of it.

The Essex brought $6,300, a 1930 Model A truck $4,250 and a  1970 Cadillac DeVille with a gold paint job $3,300. The sleigh sold for $750, and the horse statue for $650.

Founder Francene Miller announced in May that the museum was closing.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-CS-06-06-09 1433EDT

Last Updated on Monday, 08 June 2009 09:20
 
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