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Monthly Columns in ACN

  • Auktionshaus Kaupp verplant die größte Versteigerung in der Geschichte des Auktionshauses, 26-28 Nov.
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  • Gallery Report: November 2009
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  • London Eye: November 2009
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  • Kovels - Antiques & Collecting: Week of Nov. 16, 2009
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  • Ceramics Collector: Green grows the Grueby, ripe for picking
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Auction Results in the News
Stamp depicting Audrey Hepburn smoking sells for $93,800 PDF Print E-mail
Written by ASSOCIATED PRESS   
Wednesday, 27 May 2009 12:27
Image courtesy Auktionshaus Schlegel.

BERLIN (AP) - A rare stamp portraying movie star Audrey Hepburn smoking sold for euro67,000 ($93,800) at an auction held in Germany on Tuesday.

The Schlegel auction house declined to identify the buyer, who was represented by an agent.

A minimum bid of euro30,000 was set for the stamp, of which only five copies are known to exist.

Auctioneer Elisabeth Schlegel announced that the stamp - which escaped being incinerated by the German government - had sold for euro53,500. After adding commission and sales tax, the total came to euro67,000.

Last Updated on Tuesday, 09 June 2009 09:51
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Rare American Colonial 'protest' teapot brews six-figure price in UK auction PDF Print E-mail
Written by CATHERINE SAUNDERS-WATSON, Auction Central News International   
Tuesday, 26 May 2009 12:19
Image courtesy of Hansons Auctioneers.

MACKWORTH, DERBYSHIRE, ENGLAND (ACNI) - Looking more like a three-dimensional pop-art design Andy Warhol might have created, a circa-1765/1766 American creamware teapot protesting the Mother Country's dreaded Stamp Act set off auction-room fireworks on April 15 at the Mackworth Hotel, Derbyshire. In a sale conducted by Hansons Auctioneers of Derby, England, the Colonial-era teapot brashly emblazoned with the messages "No Stamp Act" and "Success to Trade in America" steamed up a winning bid of £79,350 (US $126,032, inclusive of 15 percent buyer's premium).

Charles Hanson, manager of Hansons and an appraiser on BBC1 Television's Bargain Hunt, called the selling price for the pot - which had been discovered in a boxful of Roya Crown Derby china and other general items - "quite remarkable." Describing the saleroom action, Hanson said, "It became a theater as bidding slowly moved up. After £20,000, the bidding became a blur, rising in £1,000 increments."

Last Updated on Friday, 29 May 2009 08:00
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Kamelot's April 18 Architectural Antiques event was part auction, part garden party PDF Print E-mail
Written by Auction Central News Staff   
Thursday, 21 May 2009 16:04
Monumental Victorian-style cast-iron, wrought-iron and tubular-steel gazebo measuring 18 feet wide by 12 feet 1 inch by 17 feet 4 inches. Sold through LiveAuctioneers.com for $11,685 against an estimate of $4,000-$6,000. Image courtesy LiveAuctioneers Archive/Kamelot Auctions.

PHILADELPHIA - It has been said that when William Penn first created an urban plan for Philadelphia, he envisioned a city within a vast expanse of parkland, rife with private gardens. It seems only fitting, then, that one of the nation's premier auctions of garden and architectural antiques should take place in the historic city.  

Every April, Kamelot Auctions hosts its popular specialty event on the heels of the acclaimed Philadelphia Flower Show. It's a natural fit, since the Kamelot sale is a "neighborhood" source for antique planters, statuary, hand-wrought iron and carved stone accent pieces, and garden bronzes. Gardening enthusiasts can purchase their exotic specimens at the flower show, then match them with beautiful antique containers in Kamelot's Architectural Antiques & Garden Auction.

Last Updated on Thursday, 21 May 2009 16:34
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Jeff Koons 'Baroque Egg' sells for $5.4 million in Sotheby's NY sale PDF Print E-mail
Written by Associated Press and Auction Central News International   
Friday, 15 May 2009 09:26
‘Baroque Egg with Bow,’ 1994-2006, Jeff Koons (American, b. 1955-), high-chromium stainless steel with transparent color coating, 83 1/2 inches by 77 1/2 inches by 60 inches, one of five versions, each uniquely colored. Sold at Sotheby's New York for $5.4M. Image courtesy Sotheby’s Inc.

NEW YORK (AP and ACNI) - Jeff Koons' Baroque Egg With Bow has sold for $5.4 million at Sotheby's May 12 Contemporary Art auction.

The New York Times reported that the oversized shiny egg was consigned to the Sotheby's sale by hedge fund manager Daniel S. Loeb. Loeb reportedly bought it in 2004 for an estimated $3 million.

The paper reported in Wednesday's editions that the work was bought Tuesday evening by Larry Gagosian, a Manhattan dealer who represents the artist.

The price fell just under the $6 million presale estimate. The work is from the artist's Celebration Series, for which he created oversized children's toys in bright colors.

Last Updated on Friday, 15 May 2009 15:36
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Hockney's 'Beverly Hills Housewife' earns record $7.9M in Christie's sale PDF Print E-mail
Written by Auction Central News Staff   
Thursday, 14 May 2009 10:14
Beverly Hills Housewife, 1966-1967, David Hockney, sold May 13, 2009 at Christie's New York for $7,922,500, setting a world record price for the artist at auction. Courtesy Christie's Images Ltd. 2009.

NEW YORK - Christie's May 13 Post-War & Contemporary Art Evening Sale realized $93,734,500, with 91% sold by lot and 94% by value. The top price of the evening was paid for David Hockney's Beverly Hills Housewife, 1966-1967, which sold for $7,922,500, setting a world record price for the artist at auction.

Leading the Evening Sale was a group of 20 works from the collection of the renowned American philanthropist Betty Freeman, which was 90% sold by lot and achieved a combined total of $31,606,500. Beverly Hills Housewife, 1966-1967, one of the most important works by David Hockney to come to the auction market, achieved the evening's top price of $7,922,500 / £5,281,667 / €5,782,847, and set a new world auction record for the artist.

Last Updated on Thursday, 14 May 2009 14:20
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Rare blue diamond realizes $8.4M in Swiss auction PDF Print E-mail
Written by ASSOCIATED PRESS   
Thursday, 14 May 2009 08:19
7.03-carat flawless blue diamond from South Africa's Cullinan Mine, sold May 12 at Sotheby's Geneva gallery for more than $8.4M. Image courtesy Sotheby's Inc.

GENEVA (AP) - A rare 7.03-carat blue diamond sold for 9.3 million Swiss francs (more than $8.4 million) on Tuesday, May 12, 2009. Including commission, the successful bidder will pay around 10.5 million francs ($9.5 million).  It was the highest price ever for a gem of its kind, according to auctioneers Sotheby's. 

The gem, which is smaller than a dime, shaped like a cushion and one of only a few blue diamonds ever found, was among 346 lots auctioned Tuesday in Geneva. Only 266 lots sold, indicating that the economic crisis is keeping some buyers away.

On average, the rings, bracelets and necklaces on offer sold for almost 10 percent less than expected.

"I was a little bit concerned in this market," said David Bennett, head of jewelry for Sotheby's Europe and Middle East.

The anonymous telephone bidder has yet to name the diamond, Bennett said.

The gem was discovered last year in South Africa and has been graded highly for its vivid color and clarity, Sotheby's said.

--------

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

AP-CS-05-12-09 1609EDT 


Last Updated on Thursday, 14 May 2009 16:47
 
Vase found at yard sale tops $1.2 million at Brunk Auctions PDF Print E-mail
Written by Auction Central News Staff   
Wednesday, 13 May 2009 11:25

A 12-inch vase, purchased by the consignor at a yard sale seven years ago, hammered $1,236,250, making it Brunk's first million-dollar lot. Photo courtesy LiveAuctioneers Archive/Brunk Auctions.ASHEVILLE, N.C. - Asheville residents headed straight for their cupboards after a Chinese porcelain vase thought to be a modern copy ended up selling for $1.2 million at Brunk's May 9-10 auction. The 12-inch vase, which had been purchased at a yard sale, was expected to bring no more than $800. In the end, it hammered a breathtaking $1,236,250 - a substantial contribution to the two-day auction total of $2,598,781 (all prices quoted inclusive of 15% buyer's premium).  

The woman who consigned the top-selling famille rose vase on pale yellow ground had acquired the attractive vessel at a yard sale in Florida about seven years ago. It appeared to be a 20th-century copy of a Qianlong dynasty (1736-1795) ceramic.

"It is probably Imperial porcelain," said Ruby McCall, Brunk Auctions' specialist on Asian art, after the sale. "That means it was made in the Imperial kilns where court commissioned pieces were fired. Anything not meeting Imperial standards was destroyed. It is a very high-quality piece."

Last Updated on Wednesday, 13 May 2009 16:53
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Ruth, Mantle are MVPs in Grey Flannel's $1.4 million sale PDF Print E-mail
Written by CATHERINE SAUNDERS-WATSON, Auction Central News International   
Friday, 08 May 2009 08:35
From 1952, the earliest known Mickey Mantle game-used New York Yankees home jersey finished at the top of prices realized, earning $188,318.40.WESTHAMPTON BEACH, N.Y. - Fierce competition for unique and iconic professional sports memorabilia in Grey Flannel's April 29 Summer Games auction kept phone lines and the Internet buzzing till the final bid was lodged around 5 a.m. the following day. "We were swamped," said Grey Flannel president Richard E. Russek. "We knew we were going to have a good sale three days before it closed, because of all the inquiries and signups, and of course because there were some fantastic items offered."

The final tally for the 854-lot auction was $1,418,046 (all prices quoted are inclusive of 20 percent buyer's premium). As predicted, the two most highly publicized lots finished at the top of prices realized.

The earliest known Mickey Mantle game-used autographed home jersey, worn by the young Oklahoma phenom in his first years with the Yankees, took the blue ribbon with a closing bid of $188,318.40. Not far behind was a Babe Ruth bat from the 1926-1929 period, into which the legendary slugger had carved 11 notches to represent 11 home runs. Babe Ruth's bat from the 1926-1929 period, into which he carved with 11notches to represent 11 home runs, slammed in a winning bid of $155,628.Accompanied by painstakingly researched provenance, the bat crossed home plate at $155,628. Both the Mantle jersey and Ruth bat sold to private collectors.

A great surprise, said Russek, was the number of underbidders who had never before participated in a Grey Flannel auction. "There were many extremely important items in this sale, and they drew the true collectors out of the woodwork."
Last Updated on Tuesday, 12 May 2009 10:39
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WWII hero dog's medal sold at UK auction for $35,700 PDF Print E-mail
Written by Associated Press and Catherine Saunders-Watson, ACNI   
Monday, 27 April 2009 09:16
Image courtesy of PDSA

LONDON (AP and ACNI) - A medal awarded to a hero dog who sniffed out scores of survivors in the rubble following the London Blitz was sold at auction Friday for 24,250 pounds ($35,700.)

The sale price was 10,000 pounds ($14,720) higher than the estimate. Auctioneers said the buyer chose to remain anonymous.

The Dickin Medal, Britain's highest honor for animals, was awarded in 1945 to a dog named Rip, who was credited with finding more than 100 people trapped by German bomb damage in World War II.

Rip had been found abandoned in an air raid shelter and was adopted by E. King, an Air Raid Precaution Warden.

The dog had no rescue training, said the award's sponsor, the animal charity PDSA, which has provided care for sick and injured animals of people in need for 91 years.

Last Updated on Friday, 08 May 2009 08:55
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