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A Palladian Villa by Michael S. Smith achieves $6.5 million at Christie's New York
Christie’s first “single designer sale” was a remarkable feat for the Private and Iconic Collections department, and was met with enthusiasm as it toured San Francisco, London and New York. Photo: Christie's Images Ltd 2013.
NEW YORK, NY.- Christie’s sale of A Palladian Villa by Michael S. Smith on April 23-24, realized a grand total of $6.5 million, doubling its pre-sale estimate and achieving sell-through rates of 98% by lot and by value. Over two days, the auction saw bidding from nineteen countries, and 38% of lots were purchased or directly underbid by clients via Christie’s LIVE™. Christie’s first “single designer sale” was a remarkable feat for the Private and Iconic Collections department, and was met with enthusiasm as it toured San Francisco, London and New York.

Michael S. Smith said: “I’m unbelievably grateful to Laura Paulson, Andrew McVinish, Katherine Brambilla and everyone at Christie’s for their outstanding work and making this auction process so great. Allowing me to create such an experiential installation, from hand-selecting the Farrow & Ball paint to bringing in spring’s trees and flowers, really contributed to the success of the sale. These objects are beautiful individually, but it was fantastic that Christie's allowed me to showcase the pieces in a way that reflected how they looked in the original home. It’s a testament to the sale that so many professional designers, architects and individuals from around the world purchased pieces from the auction.

Andrew McVinish, Head of Private & Iconic Collections notes: “The auction was a success at every level with many of the decorative objects achieving a depth of bidding and realizing prices far beyond their estimates. Works by Sean Scully and François-Xavier Lalanne together with the De Trafford ‘Shrub’ carpet and a George II giltwood mirror led the outstanding results. This result is undoubtedly a testament to the creative genius of Michael S. Smith.”





Today's News

April 25, 2013

A century after the abstract artist left, Mark Rothko museum opens in Latvian hometown

The Whitney Museum presents I, You, We, a look at the turbulent 1980s and early '90s

Mexican archaeologists study cave paintings found in the northeast part of Argentina

The Museo Nacional del Prado launches the first official app of the Museum: The Prado Guide for iPad

George W. Bush: "Painting has changed my life in an unbelievably positive way"

A fancy deep-blue diamond sets a world record at Bonhams Fine Jewellery sale in London

Stephen Haller Gallery in New York opens exhibition of dynamic new work by Nobu Fukui

Six giant inflatable sculptures installed next to M+, Hong Kong's future museum for visual culture

World record at Bonhams in London for a bottle from the golden age of the Ottoman Empire

Lost Russian masterpiece by Nikolai Konstantinovich Roerich for sale at Bonhams

Clark Research and Academic Program appoints Darby English as new Director

Exhibition of Jiro Osuga's work celebrates the launch of his new website Planet Jiro

Currier Museum of Art in New Hampshire acquires three important Contemporary works of art

A master photographer at Maxxi: Luigi Ghirri: Thinking through Images"

Nina Canell's "O Little Drops" opens at mother's tankstation in Dublin

"Sean Scully: Doric" on view at Dublin City Gallery The Hugh Lane

Soo Sunny Park transforms Rice Gallery into a shimmering world of light, shadow, and brilliant color.

Emeralds, gold coins reign at Government Auction, April 28

Toshio Shibata and Toeko Tatsuno open their first joint exhibition in New York at Laurence Miller Gallery

A Palladian Villa by Michael S. Smith achieves $6.5 million at Christie's New York

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