Congratulations to the Fine Art, Asian & Antiques Division on an auction total of over $5.7 million! It takes a lot of hard work and dedication on part of the division staff and the agents to bring together an auction of over 2,700 lots offered over four days.
One of the many highlights from the recent Fine Art, Asian & Antiques Division August auction was a collection of Waldo Peirce paintings. It was a great thrill to have Peirce’s grandchildren in the gallery as two of his paintings opened the auction on the first day with a quickly climbing flurry of bids leading to hammer prices which set the pace for the next four days of auction. The first piece, “Coast Guard at the ‘Silver Slipper,’ Key West” had an estimated value between $4,000 and $6,000. However, once the dust settled after all the bidding activity, the piece sold at over $48,000. And before the audience finished clapping for the piece, we were on to the second piece, “Don Ernesto” Key West ’27, which was estimated at $2,000 to $4,000. And the room lit up once again as the bidding energy built to a sale price of more than $53,000.
The auction included several private family collections including the Estate Collection from a renowned Taiwanese Diplomatic family. The collection as a whole sold at more than five times the low estimate. The collection also included many seals that drew interest from bidders in the live audience as well as the phone and the internet.
We want to thank all of our consignors and bidders who participated and made this auction the outstanding success it was! And remind everyone that the Lamp & Glass and Advertising, Toy & Doll divisions are still accepting consignments through the month of September.
Mark your calendars for our next rare and collectible Firearms auction which will be held October 7–9.