Millea Bros Ltd (Auction house)

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2015-06-26 10:40:36

Millea Bros. Ltd is a U.S auction house based in New Jersey.

 

History

Millea Bros. Ltd was founded by brothers Michael and Mark Millea and operates in Madison, New Jersey. Michael and Mark completed undergraduate degrees in art history and fine art and initially owned a painting studio together before going on to further their arts careers; Michael by studying further at New York University and Mark by exploring arts and retail. Millea Bros. Ltd was created after fifteen years of working in the industries of auctioning and appraisals.

The Millea Bros. website can be found here: www.milleabros.com

Services and expertise

The Millea Bros. appraisal service operates in the New York tristate area with appointments held in new England and South Florida. They conduct market value appraisals for estate planning, tax and replacement value items. They also conduct appraisals for those wishing to sell their items as charity lots. They promise that all Appraisers will have at least fifteen years experience and education and be members of the Appraisers Association of America.

Each appraisal results in a full colour report with detailed information. Items can be valued at the seller's convenience with in-house property examinations available and a choice of selling options including outright purchase or a 'broom clean' service which values and removes all items of a modest value.

For buyers there are two annual auctions held with the option of absent bidding through telephone or prior written consent or internet bidding in real time. The auctions are held at the Morristown National Guard Armoury which is open four days a week for auction previews. A full colour auction catalogue can also be found on the Millea Bros. website.

Departments

Millea Bros. buy and sell a wide range of item related to antiques and collectibles. These include:

  • Art

  • Antiquities

  • Books

  • Household items

  • Fine art (post war and contemporary)

  • Furniture

  • Jewellery

  • Porcelain, art pottery and other forms of decorative item.

  • Rugs and textiles

  • Silver

  • Toys and games

Notable sales

In 2006, 539 lots were auctioned in a single days resulting in sale of approx.$1 million. The top lot was a singed oil painting by German artist Agathe Roestel of a boy and three young girls on a country road. This sold for $72,450. Other notable sales from this auction included :

  • 'The Costume Ball' a painting by Spanish artist Luis Alverez Catala which realised $34,500
  • Oil painting of woman rising from a well by Jules Arsene Garnier – sold for $25,875
  • Pastel of woman holding a bonnet by French artist Camille Pissarro – sold for $36,800
  • Signed Mediterranean beach scene by Joachin Sorolla y Bastida – sold for $34,500
  • Untitled mixed-media painting by Modest Cuixart – sold for $23,000
  • Bronze bust dated 1874 and signed 'Propriété Carpeaux ' - sold for $34,500
  • A Steinway & Sons grand piano – circa 1949 - $35,650
  • Russian silver eight-piece serving set – sold for $12,650

A second sale in 2006 which ran for two days in October contained over 1,000 lots and netted sales of $1.2 million – a record gross price for an ABC auction (Attic/Basement/Closet). The sale experienced a high percentage of bidders from auction site Ebay which accounted for 20% of all sales. The top was a signed Charles Winckelson Louis XVI style bronze mounted cabinet which sold for $70, 150.

Other notable sales from this auction included:

  • Beach scene by Childe Hassam – sold for $28,750
  • Venetian canal scene – sold for $41, 400
  • Rolex wristwatch, stainless steel from circa 1955 – sold for $24,725.
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