Published: June 22, 2004
Important Twentieth Century decorative arts, including property from the Doris Duke collection and other private collections, saw substantial record prices realized at Christie’s on June 15.
The auction, featuring 156 lots of which 129 found buyers, went 83 percent sold realizing an impressive $11,305,214.
“The sale was an outstanding success,” commented Nicola Redway, Christie’s Twentieth Century decorative arts department head. “It was a privilege and a pleasure to be able to offer such a magnificent group of iconic material. Materials from one of the collections offered included several works by Jacques-Emile Ruhlmann and they totaled $4.3 million, almost tripling its presale estimate of $1.6 million,” he said.
“Similar bidding battles took place when the intricate dragonfly lamp from the Doris Duke Collection and the rare bronze armchair by Albert Armand Rateau chair were offered,” he said, with results surpassing presale estimates.
The Model no. 1793 bronze armchair by Armand Albert Rateau, circa 1919-20 established a record price paid at auction for a Twentieth Century chair as it sold to Manhattan’s DeLorenzo gallery for an impressive $970,700.
A white gold leaf, black lacquer, iron and chromed metal stool by Pierre Legrain, circa 1921-23, was another lot to establish a record, this one for the artist, with it selling at $455,500.
Another record price paid at auction was set as a Tiffany dragonfly leaded glass, turtleback tile, mosaic and bronze table lamp from the Duke collection realized $455,500.
A carved mahogany stool by Marcel Coard, circa 1926-29, sold at more than double presale estimates going to a Parisian gallery at $309,900, a decorated and engraved “miroir aure boussois” glass panel by Paul Jouve, circa 1930, realized a record price of $298,700, a bronze study by Rembrandt Bugatti, circa 1911, brought $265,100, and “Léopard au repos,” a bronze study, cast from the model by Rembrandt Bugatti, circa 1908 also brought $265,100.
Prices include the buyer’s premium charged.
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