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Designer Jewelry and Artworks of Excellent Provenance Lead Michaan's March Estate Auction Results
Designer Jewelry and Artworks of Excellent Provenance Lead Michaan's March Estate Auction Results
Michaan's Auctions is a leading, full service auction house on the West Coast specializing in the appraisal and sale of antiques and fine art.
Alameda,
California,
United States
(prbd.net)
29/03/2017
Another successful monthly Estate Auction, held on Saturday March 11, sustained Michaan's robust sales trend for 2017. Bidders in the house were joined by online and phone bidders for a lively auction with the lots offered selling through at a high percentage rate. "We are especially pleased to see many new names added to our list of winning bidders each month so far this year," says Michaan's Vice President and C.O.O. Scott Bradley. "The community of buyers keeps growing, thanks to the ease of our online portals as well as our record of continuous, comprehensive auction service to Bay Area consignors and collectors."
Jewelry lots are offered near the beginning of each Estate Auction, and March jewelry created excitement that established momentum for excellent results throughout the sale. Buyers showed their appreciation for designer names such as Tiffany and Cartier. "Brand names of this caliber always strengthen the auction value of estate jewelry," says specialist Elise Coronado, "but this month we saw interest that exceeded our own high expectations." A highlight was Lot 140, the slender diamond and platinum link bracelet by Tiffany & Co., which was estimated at $2,000-$3,000 and brought $6,600. Another Tiffany top seller was the diamond and platinum ladies' wristwatch with elegant oval dial, sold at $3,300 (Lot 181). The Cartier name resonated very well among buyers, with the signed chain and zodiac pendant of 18k yellow gold (Lot 71) selling at $1,440 on estimates of $400-$600. The pair of signed Cartier earrings composed of many yellow and white gold circles (Lot 46, $400-$600) sold for $900. "It's gratifying for those of us who love fine jewelry to see that the auction value of these beautifully designed pieces greatly transcends the value of their precious metals," notes Coronado. Cartier wristwatches also sold through, including the classic "Tank" watch (Lot 187, $1,440). The selection of fine wristwatches was especially good in March, and all sold well including designs for ladies by Chopard, Bulgari and Raymond Weil. A lot of two men's Omega stainless steel "Speedmasters" generated many inquiries and finished at (lot 182) $4,500 on estimates of $300-$500.
Rare antique and vintage estate jewelry also did very well in this sale, such as the pair of Victorian buckle motif bangle bracelets (Lot 113, $2,400) and the Art Deco diamond and platinum ring (Lot 138, $3,000). The intriguing Walton & Co. Art Nouveau opal dragon motif ring (Lot 166) and the Egyptian Revival multi-stone scarab brooch (Lot 102) each finished at $1,020. Native American silver and multi-stone jewelry also continued its long winning streak at Michaan's, with especially good prices realized for the designs of Thomas Singer.
Strong provenance was recognized by Michaan's fine art and Asian art buyers in March with the top lot, a 20th Century Chinese calligraphy piece, selling for $48,000. This work came from a family collection, having been passed down from the original owner, a prominent Kuomintang statesman. Another top lot was a Dutch School oil portrait of a young girl (Lot 290, $12,000) that was acquired by a late 19th Century descendant of President William McKinley and passed down through generations of his family.
Additional exciting auction results include the sale of the early Qing Dynasty imperial edict, its text written on silk and mounted as a hand scroll featuring decorative images and numerous seals. This lot 259 was estimated at $4,000-$6,000 and brought $14,400. Fine textile artifacts sold included a Tok Wi altar cloth (Lot 256, $720) and a blue ground embellished brocade dragon robe (Lot 257, $1,320). The excellent selection of Japanese woodblock prints sold very well, with several lots estimated around $500 reaching prices in the $2,500 to $4,500 range. A set of four by Utagawa Hiroshige (1796-1858) brought the highest price among the woodblocks in the March auction, followed by a Katsukawa Shuntei triptych. Sales of fine Japanese woodblocks continue next month, when two wonderful winter scenes by Kawase Hasui (1883-1957) will be offered at the Estate Auction on Saturday, April 8.
European artists of the 20th Century were popular with March fine art collectors, who bought works by Jean Deyrolle and Salvador Dali lot 325 (one lot each at $3,4600), as well as paintings by Maurice de Vlaminck and Karel Appel. Buyers also collected several biblical etchings after Rembrandt van Rijn, and three lots depicting ancient architectural subjects after Rossini and Piranesi (posthumously printed). For more details visit Click here
About Michaan's Auctions
Michaan's Auctions is a leading, full service auction house on the West Coast specializing in the appraisal and sale of antiques and fine art. Some of Michaan's specialty departments include Asian Works of Art, Furniture and Decorative Arts, Modern & Contemporary European and American Paintings/Prints and Jewelry.
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