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Artfact Live! January 2012 Auction Results Roundup

Sunday, January 1, 2012 4:28 am EST

Dateline:

BOSTON
"New Year’s Weekend – 2 Day Premiere Auction Event"

Artfact Live! began the new year on a high note with impressive sales from some of the world’s leading auction houses. Book auctions had one of their busiest months in January. National Book Auctions’ January 8th Books & Ephemera auction saw 75.6% of the 487 lots sell online through Artfact Live!, while Lyon & Turnbull’s Rare Books, Maps & Manuscripts auction on January 11th posted £56,810 (USD$89,259) in online sales. Artfact Live! was also responsible for the sale of 41% of total lots during Dargate Auction Gallery’s three-day auction this month.

Here are some other auction highlights:

J Levine, “New Year’s Weekend – 2 Day Premiere Auction Event” – 1/1/2012
Anatole Krasnyansky (1930 - ) The Old Fountain
Realized Price: $2,750

J Levine Auction & Appraisalsold Anatole Krasnyansky’s watercolor painting “The Old Fountain” to an online bidder for $2,750 on New Year’s Day. Krasnyansky is famous for his revolutionary watercolor techniques and the surrealist masked figures featured in a number of his paintings. “The Old Fountain” outperformed its estimated price of $1,500-$2,500.

Garth’s, “Firearms & Accoutrements” – 1/6/2012
Colt Model 1878 “Frontier” Double Action Revolver
Realized Price: $2,900

A Colt Model 1878 “Frontier” Double Action Revolver featured in Garth’s Auctions’ January 6th Firearms & Accoutrementsauction performed well beyond expectations. The Revolver, a classic, sought-after collectible from the famous Colt line, doubled estimates when it sold to an online bidder for $2,900.

Lyon & Turnbull, “Rare Books, Maps & Manuscripts” – 1/11/2012
Richard Bright’s “Report on Medical Cases”
Realized Price: £12,000 (USD$ 18,854)

Among a wide selection of rare and antique medical books and manuscripts included in Lyon & Turnbull’s Rare Books, Maps & Manuscripts auction on January 11th, Richard Bright’s Reports on Medical Cases was among the most successful lots. The manuscript, originally published in London between 1827 and 1831, provides detailed descriptions and illustrations of Bright’s cases. The lot sold to an online bidder for £12,000 (USD$18,854) against an estimated price of £5,000-£8,000 (USD$7,856 - 12,569).

Stair Galleries, “Asian & Ethnographic and English & Continental” – 1/14/2012
Chinese Huanghuali Cabinet
Realized Price: $5,000

Huanghuali has become an immensely popular and expensive wood among collectors of Asian art, and it’s reflecting in auction sales. Stair Galleries estimated that a Chinese Huanghuali Cabinet featured in their January 14th auction would bring in between $400 and $600. The lot drew considerable interest from several online bidders, finishing with a realized price of $5,000.

Kodner Galleries, “Antiques, Fine Arts, Jewelry & Decorative Arts” – 1/18/2012
Fine Chinese Carved Jadeite Double Cabochon
Realized Price: $40,000

A Chinese, Carved Jadeite Double Cobochon proved to be an enormous draw at at Kodner Galleries’ January 18th auction. The ring, featuring jadeite mounted in 18 karat gold, was estimated to fetch $10,000-$15,000, but drew the significant realized price of $40,000 when it sold to an online bidder from Hong Kong.

Freeman’s, “English & Continental Furniture & Decorative Arts” – January 25, 2012
Fine Russian Ivory Icon – St. John the Evangelist
Realized Price: $12,500

A beautifully carved ivory icon of St. John the Evangelist was sold at Freeman’s on January 25th. The icon, which depicts St. John with a scribe, an eagle peering over his shoulder, and a sky composed of intricately carved floral scrolls, brought on a bidding war and caused the final price to climb well over its high estimate of $1,500. When the hammer came down, the icon sold for $12,800 (including buyers premium).


About Artfact

Artfact.com is the world’s largest online marketplace of fine and decorative arts, antiques, collectibles and estate auctions. More than 20,000 estate and art auction houses, and 10 million collectors, use it every year to list and find the world’s most unique items. Auction houses rely on Artfact Live!, our proven bidding and auction management software and services, to conduct live, online auctions. In 2010, Artfact merged with AuctionZip.com to create the Web’s leading destination for onsite and online auctions. Today our three Web sites (Artfact.com, Invaluable.com and AuctionZip.com) reach a community of more than 17 million knowledgeable collectors and dealers worldwide. Artfact is privately held and is based in Boston, Massachusetts.

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