The First Art Newspaper on the Net Established in 1996 United States Monday, September 1, 2014


Sotheby's Sets a Record for American Silver at Auction - Bowl Sells for $5.9 M
An Important American Silver Punch Bowl, Cornelius Kierstede, New York, 1700-1710 (est. $400/800,000) Sold for: $5,906,500. Photo: Sotheby's.
NEW YORK, NY.- A new auction record for American silver was set this afternoon at Sotheby’s when a Silver Punch Bowl by Cornelius Kierstede, made in New York between 1700 and 1710, sold for an astonishing $5,906,500. With a pre-sale estimate of $400/800,000 auctioneer David Redden opened the bidding at $275,000 and almost instantly a bid of $500,000 was called out by Ian Irving of Ian Irving Ltd. As many as six different bidders raised their paddles, but at around $3 million the battle was reduced to two determined clients, an anonymous gentleman seated in the room and New York dealer S.J. Shrubsole. The competition continued for several minutes before the winning bid was cast by the anonymous purchaser in the room; bringing the gavel down to rousing applause. The final price of $5.9 million is more than seven times the previous record for American silver, and is the second highest price ever paid for any piece of silver at auction.

The bowl has descended in the family of Commodore Joshua Loring, whose stately home in Jamaica Plain , Massachusetts , the Loring-Greenough House, has been preserved as an historic site. A Royalist, Loring abandoned his residence in August 1774 to take refuge in Boston , and the family emigrated to London in 1776. According to tradition, the bowl was hidden in a well on the property during the Revolution. Retrieved by the family, it descended quietly with them in England , completely unknown, until the owners sent a grainy photograph to Sotheby’s London silver department in March of 2009.

The punch bowl was included in Sotheby’s sale of Important Americana, which continues tomorrow morning at 10am, and will be followed by Chinese Export Porcelain from the Private Collection of Elinor Gordon at 2pm.

The previous auction record for American silver was $775,750, paid for both The Richard and Alice Brackett Cup, An American Silver Wine Cup, John Hull and Robert Sanderson, Sr., Boston, circa 1660, sold from the collection of Quincy Church at Sotheby’s in January 2001, and A Superb Early American Silver Two-Handled Grace Cup and Cover, John Coney, Boston, circa 1715, also descended with a Royalist family in England and sold at Sotheby’s in January 2002.


Sotheby's | Silver Punch Bowl | Cornelius Kierstede |


Today's News

January 23, 2010

Major Exhibition of the Work of Renowned Sculptor Ron Mueck Opens in Melbourne

Paris and the Avant-Garde: Masters from the Guggenheim Collection Opens

Lawyer Says Disputed Van Gogh Worth Up to $150 Million

Sotheby's Sets a Record for American Silver at Auction - Bowl Sells for $5.9 M

MoMA and P.S. 1 Select Winner of 11th Annual Young Architects Program

First Show in New York to Focus on Late Renaissance Drawing in Rome

Biennale di Venezia Presents Kazuyo Sejima as Director of Architecture

Tracey Emin's Chess Set Acquired by the Whitworth Art Gallery

Three Architects Selected to Receive the 2010 AIA Thomas Jefferson Award

Pulse New York Announces List of International Exhibitors

Group Exhibition "Vertically Integrated Manufacturing" at Murray Guy

A Look at Architect Michael Arad's 9/11 Memorial Waterfalls

Early Works by Joel Shapiro on View at Paula Cooper Gallery

Gaudi and Dali in Catalonia: Even Teens are Wowed

LACMA Appoints Joshua S. Friedman and Steven F. Roth to Its Board

Columbia Museum of Art Sets Attendance Record on Final Day of Ansel Adams Exhibition

Cambridge Exhibition Drags Spies in From the Cold

Smithsonian Acquires Historic Food Coupons from USDA

Chilean Painter Carlos Catasse Dies

Most Popular Last Seven Days



1.- Neanderthals and humans were both living in Europe for between 2,600 and 5,400 years

2.- First major exhibition to explore the historical legacy of African cultural astronomy opens at LACMA

3.- Carlo Mollino's idealized vision of the female form in new book published by Damiani/Crump

4.- Tate Britain displays works by Frank Auerbach from the collection of Lucian Freud

5.- In grave robber territory, locals abuzz over Alexander-era tomb; Largest of its kind ever discovered in Greece

6.- Lambert Collection opens an ambitious project housed at the Sainte-Anne Prison

7.- Centre for Contemporary Art Singapore announces the first 18 artists in the CCA Residencies progamme

8.- Historic Kings Theatre is transformed into major New York Performing Arts venue

9.- Thirteen's American Masters Series co-produces new documentary about photographer Dorothea Lange

10.- Sotheby's New York to offer 548 Edward Weston photographs as a single lot this September



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher: Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez - Marketing: Carla Gutiérrez
Special Contributor: Liz Gangemi - Special Advisor: Carlos Amador
Contributing Editor: Carolina Farias

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site