Recent Sales from Sotheby’s and Christie’s



Watches

Certain brands consistently beat the recession and have a longer homerun batting average than even the Yankees. “Classic well-made products that are not necessarily a slave to fashion will transcend trends,” notes Tania Edwards, Founding Partner of The Brandsmiths Agency. “In the luxury market, consumers can feel confident buying from Patek Philipe, Rolex and Cartier—companies that make consistently high quality products that last.”

In regards to the more affordable collector wristwatch market, vintage watches from the 1950’s to 1980’s are experiencing an uptick in popularity from a surprising group—20 and 30 year olds. “It is noteworthy because it is a generation that primarily relies on their cell phones to tell the time,” notes expert watch dealer James Lamdin, founder of analog/shift. “Vintage timepieces represent a fashionable connection to the past, and older sports and diving watches from brands such as Rolex, Heuer, and Omega in particular are continually desirable as accessories to savvy consumers that seek out small-batch, genuine, hand made goods to complement their lifestyle.”

Antiquorum Geneva
Rolex “Paul Newman “
Daytona in Yellow Gold
Sold: $882,000
Christie’s New York
Rolex Triple Calendar
Oyster Chronograph in Steel
Sold: $638,500
Christie’s Geneva
Patek Philippe Chronometer
in Platinum for J.B. Champion
Sold: $3,992,858
Christie’s Geneva
From the Collection of
Eric Clapton

Patek Philippe Perpetual
Calendar in Platinum
Sold: $3,637,844
No Image   
Sotheby’s New York
From the Collection of
Henry Graves, Jr.,

Patek Philippe Yellow Gold
Minute Repeating Wristwatch
Sold: $2,994,500
 

 


Paintings​

Lee Drexler, author of Fabulous Finds and owner of Bedford-based Esquire Appraisals is like a Sherlock Holmes in finding value in people’s homes, recently uncovered a painting by Angel Botello for a client. Drexler presented her client with two choices: Allow a major auction house to sell it for approximately $15,000 to $20,000 (including a 20- to 25-percent sale fee), or sell the painting to the Botello Gallery in Puerto Rico. The gallery bought it directly from her for $18,000.

A caveat about buying paintings: Drexler recommends purchasing from established auction houses because floating auctions held at schools or churches—and even Ebay—are not authenticated. The work of artists such as Chagall, Picasso, Salvador Dali, Joan Miró, and Alexander Calder are often prime targets for fakes.

Sotheby’s New York
Amedeo Modigliani L’Amazone
Estimate: $20M - $30M
Sold: $25,925,000
Georges Braque
Paysage à La Ciotat
Estimate: $10M - $15M
Sold: $15,845,000
Christie’s New York
Chaïm Soutine, Le Petit Pâtissier
Sold: $18,043,750
No Image
Marc Chagall
Les Trois Acrobats
Sold: $13,003,750
 
No Image
Egon Schiele
Selbstbildnis mit Modell
Sold: $11,323,750
 

 


Jewelry

No Image
Christie’s Jewel Sale
30.32 carat rectangular-cut
D color VVS1 diamond
Estimate: $4M
Sold: $4,435,750
 
No Image
11.08 carat oval-cut ruby
and diamond ring
Estimate: $2.5M
Sold: $1,743,000
 

 


Decorative Arts

Sotheby’s New York
‘Ding’ Bowl, Northern
Song Dynasty
Estimate: $200,000 to $300,000
Sold: $2,225,000
Christie’s New York
Diego Giacometti bronze
Torsade table
Estimate: $320,000
Sold: $496,500
Alberto Giacometti Tete de
femme standard lamp
Estimate: $300,000
Sold: $304,000
Francois-Xavier Lalanne
Mouton De Pierre
Estimate: $150,000-250,000
Sold: $267,750

► For more Jewelry, Fine Art and Decorative Art Appraisals from Westchester Auction Experts, click here

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