Chief Joseph's war shirt up 81.8% since May



2015-06-26 12:55:47

Chief Joseph's war shirt up 81.8% since May

The war shirt of Chief Joseph is one of the most important Native American artefacts

The war shirt of the Native American leader Chief Joseph sold strongly at the 2012 Coeur d'Alene Art Auction on Saturday (June 21), with a huge increase in value since it was last offered in May.

Chief Joseph War shirt An 81.8% increase as the Native American market continues to grow

The beaded shirt sold for $877,500, showing a 9.6% increase on its $800,000-1.2m estimate. Since its last sale, where it sold for $482,500 at Sotheby's Native American Art sale on May 16, it has risen in value by 81.8% - a particularly dramatic increasein justtwo months. Considered one of the most important Native American artefacts ever offered at auction, the shirt can be seen in a painting of Chief Joseph that currently hangs in the Smithsonian Institution. Created in 1878 by Cyrenius Hall, the portrait would later be used for a US postage stamp bearing Joseph's face. The shirt can also be seen in the earliest known photograph of the Nez Perce leader, which wastaken in 1877. The sale comes amid a series of recent successes for Native American items at auction, which have been highlighted by the world record breakingprice achieved by a Navajo textile in June. Similarly, important pieces from America's wild west have also met with strong results, with the most important extant revolver of Buffalo Bill selling for $239,000 at Heritage Auctions on June 10. We are currently offering customers the chance to join this booming market with a fantastic keepsake from the Battle of Little Bighorn - the signature of George Armstrong Custer. We also have an authentic strand of hair from the Apache leader Geronimo, which is perfect for framing and makes an excellent gift.

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