PRESIDENT RONALD REAGAN’S COWBOY BOOTS, BY TONY LAMA BOOTS, CIRCA 1980
With strong participation from across Europe and Asia bidders from 34 countries took part in the sale of the private collection of President Ronald Reagan and Mrs. Nancy Reagan at Christie’s. Part I of the sale totalled $5,740,625. There were 1,200 registered bidders and the auction was 100% sold by lot. The top lot was a diamond, sapphire and ruby ring by Bulgari which sold for $319,500. President Reagan’s cowboy boots, which had been estimated at $10,000-20,000 – sold for $199,500.
A signed fragment of the Berlin Wall made $277,500, a painting by Frank Sinatra – Fourth of July Fireworks – made $233,500 and a series of pencil sketches signed Ronald Reagan on White House stationary sold for $100,000.
An online auction continues until September 27-28. The sale will benefit the Ronald Reagan Presidential Foundation & Institute.
(See post on antiquesandartireland.com for June 2, 2016)