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Property from the Collection of Charles Ryskamp Exceeds High Estimate to Bring $1.6 Million
The top lot of the auction was the watercolor Lemon, attributed to Giovanna Garzoni, which soared to more than 10 times its pre-sale high estimate and achieved $62,500. Photo: Sotheby's.
NEW YORK, NY.- Old Masters Week opened today at Sotheby’s New York with the dedicated auction of Property from the Collection of Charles Ryskamp, which exceeded its high estimate in achieving $1,628,727 (est. $800,000/1.2 million*). Many bidders competed in the room and by phone for drawings, furniture and decorations from Mr. Ryskamp’s private residences in New York City and Princeton, New Jersey, which resulted in several works greatly surpassing their pre-sale estimates. Mr. Ryskamp served as Director of The Pierpont Morgan Library, now The Morgan Library & Museum, and the Frick Collection for a combined nearly 30 years, helping to make both institutions among the most prestigious museums in New York City. The works on offer today were sold for the primary benefit of Princeton University, where Mr. Ryskamp began his academic career.

“We are very pleased with the results of today’s auction of the collection of Charles Ryskamp, which exceeded our expectations,” commented Elaine Whitmire, Sotheby’s Vice Chairman. “Mr. Ryskamp played a prominent role in the New York art-world, and the buyers in today’s sale now hold a very personal piece of his unique aesthetic and passion for collecting.”

The top lot of the auction was the watercolor Lemon, attributed to Giovanna Garzoni, which soared to more than 10 times its pre-sale high estimate and achieved $62,500. Other works that greatly surpassed their estimates included Hendrik Hondius the Elder’s The Castle of Tervueren, which brought $50,000, and Edgar Degas’s Flowerpots, which more than doubled its estimate in selling for $50,000 as well. William Blake’s Sketches For America And Other Books And The Lion Lying Down With The Ox (Verso), an important double-sided sheet containing studies that relate to at least two of Blake's early literary projects, achieved $56,250. The work was purchased by a San Francisco dealer on behalf of collector Robert Essick.

Old Masters Week at Sotheby’ New York continues with sales through this Friday the 28th. A full calendar of the remaining auctions is below:

Old Masters Week 2011 – Calendar of Remaining Sales

Old Master Drawings
26 January
Important Old Master & 19th Century Paintings from the Collection of Jacob Elie Safra
26 January – 6:30pm
Important Old Master Paintings & Sculpture
27 January
Old Master & 19th Century European Art
28 January



*Pre-sale Estimates do not include buyer’s premium



Last Week News

January 25, 2011

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Beijing Voice: Together or Isolated, Contemporary Chinese Art at Pace Gallery in Beijing

Musée de l'Elysée in Lausanne Acquires Charlie Chaplin Photographic Archive

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Two California Groups Want Historic Decommissioned Navy Ship as a Tourist Attraction

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New Online Archive Brings the Ancient Maya City of Chichen Itza to Scholars' Desktops

Perot Museum of Nature & Science in Dallas Receives $25 Million Gift from The Rees-Jones Foundation

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Last of Frank Lloyd Wright-Trained Architects, Edgar Tafel, Dies in New York at Age 98

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Kunsthalle Basel Presents First Major Solo Exhibition in Switzerland of Works by Artist Bettina Pousttchi

Sotheby's Announces the Dedicated Auction of What Modern Is: The Collection of Mark McDonald

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New iPad Application Tells John F. Kennedy's Story Fifty Years After Inauguration

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A Gathering Quiet: Metalpoint Paintings and Drawings by Susan Schwalb at Galerie Mourlot

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Newly Acquired Grayson Perry Works to Be Shown in Manchester

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January 24, 2011

Mary McCartney Opens First Solo Show in Germany at Contributed, Studio for the Arts

First Show, Since 2005, of Recent Work by Ellen Gallagher at Gagosian in New York

Egyptian Government Officially Asks Berlin to Return 3,300-Year-Old Bust of Queen Nefertiti

Comfortably Above Low Estimate, Sotheby's Americana Week Brings $14.4 Million

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Two California Groups Want Historic Decommissioned Navy Ship as a Tourist Attraction

Sotheby's Announces the Dedicated Auction of What Modern Is: The Collection of Mark McDonald

Santa Monica Museum of Art Presents First Museum Exhibition by Daniel Cummings

Kunsthalle Basel Presents First Major Solo Exhibition in Switzerland of Works by Artist Bettina Pousttchi

Art Lovers Queue through Night for Glimpse of Monet at the Grand Palais in Paris

Landmark Exhibition of John Marin's Revolutionary Watercolors in Major Art Institute Exhibition

Clark Art Institute Investigates European Portraiture in the Exhibition Eye to Eye

New Works by Toronto-Based Artist Ray Caesar at Jonathan LeVine Gallery

International Center of Photography Opens Wang Qingsong: When Worlds Collide

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Solo Exhibition of Sculptures, Paintings and Drawings by Jun Kaneko Opens in Cincinnati

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Exhibition by William Eggleston Transforms Ordinary Moments into Indelible Images

Malmo-Based Artist Christian Andersson Presents His Largest Show Ever at Moderna Museet

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January 23, 2011

Lost Lavishly-Illustrated Vatican Manuscripts Go on Display at the Meadows Museum

Early Pioneers of Abstraction Explored in Gallery's Remarkable Collection

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18th Century Mahogany Bureau Table Achieves a Stunning $5.7 Million at Christie's

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The Katonah Museum of Art Presents Drawn/Taped/Burned: Abstraction on Paper

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Asians Toast Lloyd Webber's Wines in $5.6 Million Sale

$1 Million Gift Announced by School of the Art Institute of Chicago

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January 22, 2011

Royal Academy Opens Exhibition that Examines British Sculpture of the 20th Century

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The Pennsylvania Academy of the Fine Arts Names Harry Philbrick as Director of Museum

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January 21, 2011

Iconic 19th Century Orientalist Painting by Jean Léon Gérôme Creates Pre-Auction Buzz

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January 20, 2011

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The Wallace Collection Announces the Appointment of Dr. Christoph Vogtherr as New Director

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Just a Few Months Before Opening, Minefields Circle Jesus' Traditional Baptism Site

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