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    RECORD BREAKING YEAR AT CHRISTIE’S IN 2010, OUTLOOK GOOD

    Thursday, January 27th, 2011
    Christie’s International has announced worldwide sales for 2010 of £3.3 billion, up 53% on last year’s figure of £2.1 billion (Figures include buyer’s premium). The highest sales total in the 245 year history of the firm, the figure is also the highest annual sales total ever recorded in the industry. Sales totals include private sales of £369.3 million, an increase of 39% on 2009 figures.
    High sell-through rates at all price levels continued to demonstrate the strength and stability of the art market. In 2010, average auction sold rates (by lot) were 79.4%, on a par with 2009 (79.7%).  Results at the higher end of the market saw sell-through rates by lot and value in excess of 90% for works priced between £500,000 and £10 million.
    “2010 was a record-breaking year and early signs of 2011 indicate that the art market remains buoyant at all levels,” said Steven P. Murphy, CEO of Christie’s International. In 2010, the number of new clients who registered for a sale rose 22.7% on 2009 and the number who went on to buy in Christie’s sales increased by 13%.  Hong Kong and China accounted for 7% of total new client registrants.

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    WORLD AUCTION RECORDS FOR BUREAU TABLE AND CHAIR AT CHRISTIE’S

    Wednesday, January 26th, 2011

    This Newport, Rhode Island bureau table made $5.6 million at Christie's, New York, a new world record. (click on image to enlarge) © Christie’s Images Limited 2011

    A $5.6 million bureau table and a $662,500 Federal side chair made new world auction records at Christie’s Americana Week 2011 in New York.  The Catherine Goddard Chippendale block and shell carved and figured mahogany bureau table c1765 is attributed to John Goddard (1724-1785), Newport, Rhode Island.  The desk bears all the unique characteristics that make Newport furniture of this era so highly prized by collectors. It had been estimated at $700,000-900,000.  The price paid of $5,682,500 represents a world auction record for the form.

    This chair made a new world auction record for a piece of Federal furniture. (click on image to enlarge). © Christie’s Images Limited 2011

    The Federal carved mahogany side chair, known as the Elias Hasket Derby chair, has carving attributed to Samuel McIntire (1757-1811) of Salem, Massachusetts. McIntire, one of the earliest architects in America, was influenced by the Palladian style and was skilled at furniture making and sculpture.  The chair had been estimated at $30,000-50,000.  The price paid represents a world auction record for a piece of Federal furniture.
    The combined total for Americana Week 2011 at Christie’s New York was $22,026,376/£13,784,788/€16,222,849, achieved through five sales from January 18 through 25.

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    TIFFANY DIAMONDS AT O’REILLY’S, FRANCIS ST., DUBLIN

    Wednesday, January 26th, 2011

    A Tiffany diamond dress ring from 1964 at O'Reilly's, Francis St., Dublin. (click on image to enlarge) UPDATE: IT MADE 12,600

    This Tiffany diamond dress ring from 1964 on the left is one of the highlights at the first 2011 jewellery sale at O’Reilly’s of Francis St., Dublin.  The sale takes place on Wednesday, February 2 at 1 p.m.  The ring, complete with its original receipt, is estimated at 10,000-12,000.

    A c1870 mourning brooch at O'Reilly's. (click to enlarge) UPDATE: IT SOLD FOR 700

    It features antique and modern jewellery.  The example on the right is a Victorian mourning brooch dating from around 1870.  It is mounted in gold with a seed pearl surround and estimated at 700-800 euro.

    The 319 lots sale includes engagement rings, diamond solitaires, a three stone diamond ring,  bracelets, pendants, earrings, watches and gold jewellery.  There is a small selection of Irish antique and later silver along with collectables and paintings.

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    MORGAN O’DRISCOLL IRISH ART SALE IN CORK

    Tuesday, January 25th, 2011
    MORGAN O’DRISCOLL will offer 285 lots of Irish art at his first 2011 sale.  This takes place at the Radisson Hotel, Little Island, Cork on Monday February 7 at 6.30 p.m.  Here are four lots from that sale.

    Red Falling is the title of this work by Felim Egan. It is estimated at 2,000-3,000. (click to enlarge) UPDATE: IT MADE 1,800.

    Lying Down Girl is the title of this bronze by F.E. McWilliams RA (1909-1992). It is estimated at 12,000-15,000. (click to enlarge) UPDATE: IT MADE 11,000

    Idrone II is the title of this work by Cecil King. It is estimated at 1,000-1,500. (click to enlarge) UPDATE; THIS FAILED TO SELL.

    The Apple Picker by Barrie Castle (1935-2006) estimated at 2,000-3,000. (click to enlarge) UPDATE; IT MADE 1,700

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    HUGHES BECOMES ASSOCIATE DIRECTOR AT WHYTE’S IN DUBLIN

    Tuesday, January 25th, 2011
    Adelle Hughes has been appointed as an associate director at Whyte’s in Dublin.  Responsible for compiling and editing Whyte’s catalogues she holds a masters in Arts Manangement and Cultural Policy from UCD and an international BA in Art History. Whyte’s next auction of Irish and British Art is at the RDS, Dublin on March 14.

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    NEW CLIENTS AND FORMER COLLECTORS RETURN TO MARKET

    Friday, January 21st, 2011

    Untitled Field Painting by John Noel Smith made 4,000 at de Veres in September. (click to enlarge)

    A rise in new clients purchasing Irish art and the return of collectors driven out of the Irish art market by the boom are two 2010 trends reported by de Veres art auctions.

    Uncertainty about what to do with savings has steered new buyers towards the art market. And those driven out by high prices during the boom are back now that realism has returned and there is value to be had.

    John de Vere White said that sales rates of over 70 per cent of Irish art lots offered at auction were achieved last year.  This is consistent with previous years. In 2010 the upper end of the Irish art market was under supplied. There are still plenty of buyers available for works of quality which are accurately estimated.
    A seminar on Irish art in the last 30 years with Robert O’Byrne will be hosted by de Veres at the D4 Berkley Hotel in Dublin on Sunday, January 30 at noon with an art valuation open day from 11 a.m.

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    GREATEST TOY TRAIN COLLECTION IN WORLD AT SOTHEBY’S

    Thursday, January 20th, 2011

    Part of the Jerni Collection. (click on image to enlarge)

    THE greatest toy and train collection in the world is available for private sale through Sotheby’s as a single lot.  Now on show in New York the Jerni Collection is estimated at 10 million dollars by Sotheby’s.  Others say it could be worth $40/50 million.

    What is on view throughout January and February represents about 20% of a collection of 35,000 objects assembled over 50 years by a single dedicated collector. The pieces date from roughly 1850–1940, and form an encyclopedic collection of toys and trains from every major European and American manufacturer including Märklin, Bing, Ernst Plank Carette and Rock & Graner, chronicling the ‘Golden Age’ of European toy manufacturing.
    “Assembling this collection has been a 50 year journey for me,” commented Jerry Greene, 67, a Pennsylvania-based music executive who owns the collection. “They survived both world wars. For me it’s part of history.”
    Half of the collection was made by Maerklin. Some are outfitted with working fountains and clocks; many are replicas of the actual buildings in Europe. A highlight is an elevated train platform from 1895 with two curved staircases parting like a curtain at the center. “I put it together piece-by-piece”  Greene said.  Like all true collectors the fun for him has been the search.  Now that he is ready to part with it he thinks he will start collecting something else.

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    NEW ANTIQUE AUCTION ROOMS FOR LIMERICK

    Thursday, January 20th, 2011
    LIMERICK is to have a new auction room.  The first sale at Hamptons, located near Exit 29 of the M7 motorway, is scheduled to take place on Wednesday, February 23 at 6.30 p.m.  It will feature more than 300 lots. The aim is to hold two sales each month, with fine art and antiques on the second Wednesday of each month and a general antique auction on the last Sunday of every month.
    Limerick estate agents and car auctions concern Hamptons are operating in consultancy with Robin O’Donnell of Hibernian Antique Fairs, which has been running regular fairs around the country for the past 21 years.  There is no auction rooms currently in operation in Limerick city or county.

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    CONTRASTING IMAGES OF IRELAND AT DOLANS

    Wednesday, January 19th, 2011

    Countess Markievicz aiming what appears to be a revolver. (click to enlarge) UPDATE: THIS PHOTOGRAPH SOLD FOR 500

    Blue Hills of Connemara by Douglas Alexander. (click to enlarge) UPDATE: IT SOLD FOR 800

    Contrasting images of an early 20th century Ireland feature at Dolan’s 233 lot affordable art sale in Cork on Sunday, January 23.

    The photographic print on the left shows Countess Markievicz, the Rebel Countess, aiming what appears to be a revolver in a woodland setting.  Inscribed and stamped on the reverse Dolan’s say it was probbly for newspaper reproduction.  This rare image is estimated at 600-800.

    The tranquil oil painting below, Blue Hills of Connemara by Douglas Alexander (1871-1945) features in the same sale.  Alexander produced numerous Connemara landscapes in oil and watercolour and his paintings have remained enduringly popular.  This one is estimated at  1,200-1,500.

    See antiquesandartireland.com post for January 11.

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    CANALETTO’S VIEW OF MESTRE FROM AN IRISH COLLECTION

    Monday, January 17th, 2011

    Canaletto's View of Mestre

    This View of Mestre by Canaletto, kept at Castle Durrow in Ireland until it was demolished in 1922, features at Christie’s two-part sale of paintings, drawings and watercolors by the great masters of European Art in New York on January 26.

    It is the only large-scale view Canaletto painted of Mestre, the mainland city now linked to Venice by bridge.  Previous owners were the Viscounts Ashbrook, whose ancestors likely purchased the work direct from the studio of Giovanni Antonio Canal, il Canaletto (1697-1768) during a Grand Tour and brought the work to Ireland.  It is estimated at $2,500,000-3,500,000.
    The sale of over 300 works in total represents great examples of European art dating from the 14th to the 19th centuries.  It features master works by Canaletto, Luca Carlevarijs, Jean-Francois Millet, Jean Léon Gérôme, William Bouguereau, and Sir Lawrence Alma-Tadema among the highlights.
    UPDATE:  The Canaletto did not find a buyer in sales which brought in $36.6 million.

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