Applebrook Auctions Presents The Incredibly Eclectic Online
Aug 30-30, 2018Eldred’s 51st ANNUAL Asian Art Week
Aug 20-25, 2018
RAGO UNRESERVED AUCTION
Aug 24-26, 2018Northeast Auctions
Aug 18-19, 2018
Published: November 28, 2017
PHILADELPHIA – The strength of Freeman’s November 15 Americana auction, which achieved more than $1.2 million, testifies to collectors’ and connoisseurs’ continued interest in a diverse range of American-made and related objects. Highlights from the sale spanned collecting genres, with high prices realized for furniture, folk art, paintings and decorative arts alike. The sale, which was bolstered by two single-owner collections, achieved an 88 percent sell-through rate and welcomed a considerable number of new buyers and registered bidders.
The auction opened strongly with the highly anticipated memento mori and mourning jewelry collection of the late Anita and Irvin G. Schorsch, possibly the largest public offering of mourning material to date. Buyers bidding in the room, on the phone and online showed unabashed enthusiasm for the collection, which sold 100 percent of its lots at 243 percent of their estimate and totaled $354,705.
The vast majority of the 126 lots sold above estimate, and bidding was so consistently competitive that the auction pace for this section of the sale slowed to about 30 lots per hour. The collection was led by a rare gold “Stuart Crystal” mourning pendant for Prince William, Duke of Gloucester (1689-1700), circa 1700, which sold for $35,000 – a staggering 14 times over its high estimate.
Although there were notable successes throughout, other standout results include a gold and ivory mourning bracelet with two marquise-shaped miniatures that sold for $11,785, and a large gold and ivory mourning pendant with braided hairwork on the reverse that realized $12,188.
The auction’s second large, single-owner section – the collection of Eugene E. Derryberry of Roanoke, Va. – sparked similar interest and elicited spirited bidding from folk art enthusiasts and collectors. The 99-lot collection, which featured furniture and decorative objects with painted surfaces, fraktur, needlework and other items hailing from various points along the East Coast, achieved an impressive 92 percent sell-through rate. Seven phone bidders actively competed for a painted and decorated miniature pine box attributed to Jonas or Jacob Weber of Lancaster County, which sold for double its high estimate at $10,000.
Other highlights included a miniature carved and painted rooster, attributed to Wilhelm Schimmel (1817-1890), that sold for $6,875, and a portrait miniature of a lady by Jacob Eichholtz (1776-1842), that realized $7,500.
This trend of miniature and small-scale items fetching large prices was continued outside of the single-owner sections by an Eighteenth Century portrait miniature of Revolutionary War Captain Joseph Fox (1749-1820) that sold for $32,500. It was also turned completely on its head, however, when one of the physically largest items in the sale – a double portrait, circa 1850 – nearly tripled its low estimate to sell for $112,500, becoming the auction’s top lot. This large-scale painting, depicting Granville and Ella Jane Parks of Woburn, Mass., with their dog, can now be attributed to Massachusetts folk artist Samuel Miller (1807-1853). Works by Miller do not frequently appear on the auction market, and this price, the result of a long battle between two phone bidders, is an auction record for the artist.
Another bidding war occurred a mere five lots later, when a dynamic piece and appliquéd Halley’s Comet patterned quilt sold for $40,625, nearly 34 times its high estimate.
Represented on the catalog’s front cover and the topic of a lecture hosted during the exhibition, the rare set of 14 Herrick-Maynard-Hatch Gothic Revival carved oak dining chairs, designed by architect Alexander Jackson Davis (1803-1892) for Ericstan, also performed accordingly well. One of, if not the, last groups of seating designed by the renowned American architect still in private hands, the six armchairs and eight side chairs were offered in five consecutive lots that together realized more than $100,000. A lot containing eight of these chairs sold for $81,250.
“It was a genuine ‘Americana’ auction,” department head Lynda Cain said. “The sale featured items from north to south, formal to folk, mourning jewelry to weathervanes to Gothic Revival chairs to Native American arts. Fresh-to-the-market regional property was also represented and included a previously unrecorded chest of drawers, circa 1725, attributed to the Bartram joiner. We look forward to another success in April and are already seeking consignments of similar material with strong provenance.
Prices reported include the buyer’s premium.
For more information, 215-563-9275 or www.freemansauction.com.
August 14, 2018
August 14, 2018
August 14, 2018
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