LOS ANGELES, CA.-
After a marathon two-day live sale, the estate of Siegfried & Roy: Masters of the Impossible achieved remarkable success when it sold 480 lots out of 481 at 100% by value for a total of $1,446,327 on June 8 and 9 at Bonhams
Los Angeles. The memorabilia and costumes performed above expectations with participation from the magic community and collectors who recognized Siegfried & Roys significance in the history of Las Vegas and their impact on pop culture worldwide. The enduring magical legacy of the duo was obvious, with the sale attracting nearly 1,000 registered bidders and resulting in more than half of the lots selling above estimate. All proceeds will go towards the SARMOTI Foundation, Siegfried & Roy's personal charity.
Siegfried & Roys combined talents of spectacular illusions with exotic animals led them to a 50-year performance partnership, a record-setting run at The Mirage in Las Vegas, and international fame. Fans flocked to Bonhams to own a piece of memorabilia from Siegfried & Roys storied Las Vegas history and items that featured their beloved big cats from their homes. Minutes into the first day of the sale, Abstract Tiger by Christian Riese Lassen (b. 1956), soared past its estimate of $500 700 and sold for $11,475 while a painted resin figure of a seated lion by Romero Britto (b. 1963) sold for $12,112 against an estimate of $1,000 -1,500.
We are delighted with the results of the auction and that the proceeds of the sale will benefit Siegfried and Roys foundation, as they intended, said Helen Hall, Director of Popular Culture at Bonhams. The success of this sale again demonstrates that Bonhams does exceptionally well with telling the stories behind the objects in single owner celebrity collections and that auctions with entertainment provenance always resonate with buyers, collectors, and fans alike.
Additional sale highlights include:
A glass orb with floating S&R monogram, touched by the hands of many celebrities who were hosted at The Mirage after parties, breezed past its estimate of $800 1,200, and sold for $17,850.
A pair of gold satin stage costumes worn on stage at The Frontier by Siegfried & Roy, c. 1980s sold for $12,750, more than five times their estimate of $2,000 3,000.
A French Japanese Cloisonné gilt and patinated metal turtle-form clock (c. 1870-80), almost certainly designed by Émile-Auguste Reiber for L'Escalier de Cristal, Paris, sold for $21,675 surpassing its estimate of $10,000-15,000.
A carved, frosted rock crystal tiger's head pendant, with a coral tongue and round brilliant-cut diamond-set collar and eye sold for $7,012 against an estimate of $2,000 3,000.
'The Original Key That Opened the Mirage on November 22, 1989 which was presented to Siegfried & Roy by casino mogul Steve Wynn in 1995 sold for $12,750 against an estimate of $300 500.