NEW YORK, NY.- Keno Auctions held its fall 2011 sale of Important Paintings, Furniture, Decorative Arts and Jewelry realizing $1,251,000.
Todays results reflect a recovering market on an upward trend for the very best pieces. It was encouraging to see a number of new, young collectors from around the world actively bidding, and some long-term buyers returning to the market, said Leigh Keno, president of the eponymous auction house.
There is always interest in unique pieces of museum quality objects among top collectors and several of the lots from the estate of Hans Christensen, the Danish-American 20th Century master silversmith, attracted attention from numerous bidders in several different countries. Among the items that exceeded their estimates were his iconic sterling silver with rosewood handle and base Teapot and Warmer, his journeymans piece executed in 1944 that fetched a remarkable $33,480; which was a world record for a Christensen piece. There was a stunning sterling silver with rosewood handle Water Pitcher that realized $17,360; and a sterling silver Jewish Spice Box that sold for $23,560.
We are delighted with the new world auction record achieved for Hans Christensens Water Pitcher and Teapot and Warmer. This was one of the most exciting collections we have had the honor of offering to our clients and we along with the consignor are thrilled with the results, said Keno.
Also part of the Christensen estate was a 20th Century swivel chair Model 30 (circa 1955), by the Danish designer Hans Wegner which was found by the consignor in a garage. The chair was purchased by a bidder in the room for $32,240.
Another star of the auction was a Dragonfly leaded-glass fluid lamp from Tiffany Studios that sold to a telephone bidder at $142,600.
Among the paintings that garnered significant prices were The Active off Castle Garden and The Active off Sandy Hook, a pair of Maritime oils by the American painter, James Buttersworth that elicited lively competition; the pair sold for a remarkable $158,750 to an internet bidder.
In the jewelry category, an 18 karat Gold, Enamel and Diamond Giraffe Bangle-Bracelet by David Webb sold for $24,800.
Keno Auctions next sale of Americana, Paintings, Furniture and Decorative Arts Including The Important Peter Brams Collection of Woodlands Indian Art will be held January 17, 2012 at Wallace Hall, Church of St. Ignatius Loyola, in New York City at 10:00 a.m.