NEW YORK, NY.- The highly anticipated auction of MICA: THE COLLECTION OF MICA ERTEGUN Part III took place at Christies New York Friday, December 13. The sale, which offered an array of exquisite Design, Decorative Arts, and Jewels from the collection of Mica Ertegun was a phenomenal success, totaling $2,686,698 against a low estimate of $671,100. The sale was 100% sold by lot, selling 318% hammer against low estimate. Together with the three prior live sales, MICA: THE COLLECTION OF MICA ERTEGUN has now achieved a running total of $194,221,588 with two online auctions ongoing, open for bidding through December 17 and 18. These will be collectors last chance to own a piece from the once-in-a-lifetime sale.
The excitement in the saleroom was palpable, with bidders eager to own a piece of Mica Erteguns collection. The top lot was a 10-Panel Korean Screen, which set the room alight with a ten-minute-long bidding battle and sold for a price of $642,600 more than 42 times its low estimate. Exceptional results were also achieved by a Pair of Large French Brass Palm Trees, which realized $252,000, more than six times their low estimate, and a George IV Mahogany Serving Table and Collected Bar Service, which realized $69,300- more than eleven times its low estimate.
The sale paid tribute to Mica Erteguns unmatched eye for both design and style, achieving exceptional prices for not only furniture and design, but jewelry items as well - building on the enormous success of the 16 objects in the Magnificent Jewels sale on Tuesday. Highlights from this group included an Antique Diamond Pendant, which achieved $60,480, an Antique Pair of Diamond and Enamel Crescent Brooches, which realized $50,400, and a Ruby, Diamond and Enamel Orchid Brooch, which sold for $32,760.
Mica Erteguns online sales close next week:
MICA: THE COLLECTION OF MICA ERTEGUN New York Online is open for bidding until December 17
MICA: THE COLLECTION OF MICA ERTEGUN Paris Online is open for bidding until December 18