Sotheby's Americana Week sales bring $18.9 million

Simone Says

Simone Says

2016-01-26 10:58:35

Sotheby's Americana Week auctions achieved a total of $18.9 million in New York last week.

Leading the series of sales was Property from the Collection of Irvin & Anita Schorsch, regarded as one of the finest private collections of Americana ever assembled.

Featuring furniture, ceramics, books, silver, fine art, needlepoint samplers and decorative arts of the period, the collection offered more than 1,000 lots across three days and five sessions – with every single lot snapped up for a 'white glove' sell-through rate of 100%. In total, the Schorsch collection exceeded its top estimate to realize $10.3 million

Top lots included a 1770 Burnham-Manning Family Chippendale Carved And Figured Mahogany Bombé Bonnet-Top Chest-On-Chest which sold for $970,000, and a rare Chippendale Carved Mahogany Easy Chair, made in Philadelphia circa 1755, which sold for $322,000.

The sale was followed by another world class collection – the Folk Art collection of Stephen and Petra Levin, which achieved a total of $5.1 million. 

The Levin collection was led by a highly rare 19th century New England weathervane in the form of the Angel Gabriel. Described as "the most desirable and rare form in the iconography of American weathervanes", this three-dimensional moulded copper example brought the highest price of any lot throughout Americana Week when it sold for $1.3 million.

Aside from the two single-owner sales, Sotheby’s auction of Important Americana notched up strong results for silver, Chinese export porcelain, furniture and folk art.

Topping this final sale was a Bronze-Painted Cast Zinc and Cast Iron American Elk by J.W. Fiske, made circa 1892, which more than doubled its high estimate to sell for $225,000. Further notable results included a wooden bust of Benjamin Franklin which sold for $175,000, against a top estimate of $30,000; a painting of a Young Boy in Grey with Flowers by Sturtevant J. Hamblen which fetched $150,000; and an American silver Shell & Thread pattern flatware service by Tiffany & Co. which sold for $93,750. 


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