NEW YORK, NY.- Sotheby’s auction dedicated to masterworks of Tiffany & Prewar Design from The Warshawsky Collection totaled $7,951,125 yesterday in New York, with an exceptional 98.6% of all lots sold (sale estimate $5.3/7.9 million).

Jodi Pollack, Head of Sotheby’s 20th Century Design Department in New York, commented: “Our outstanding sale results are a testament to the extraordinary eye and connoisseurship of Roy Warshawsky. It has been an absolute privilege to present his visionary collection at Sotheby’s, including the most quintessential offering of Tiffany to appear at auction in decades. We saw intense competition at all price points from established American collectors as well as international clients new to Sotheby’s and new to our field, with multiple of the sale’s top works purchased by Asian collectors.”

• Fierce demand for the collection’s many treasures drove more than 75% of all 138 lots on offer to exceed their pre-sale high estimates

• Collecting was an abiding passion for noted Chicago businessman Roy Warshawsky and his wife Sarita, who assembled the present works from the 1960s through the 1990s

The sale featured a comprehensive selection of more than 90 Tiffany Studios works spanning every artistic discipline of the famed firm, led by an "Oriental Poppy" Floor Lamp circa 1910 that achieved $1,066,000 and set a world auction record for the model (estimate $400/600,000).

• Twelve Tiffany works surpassed $100,000, including an extraordinary "Iris" Lantern circa 1905 that brought $490,000 (estimate $400/600,000) – also marking a world auction record for the model – and the "River of Life" Window that fetched $394,000 (estimate $200/300,000)

In addition to masterworks by Tiffany, the sale offered important European and American Prewar Design by such artists as Archibald Knox, René Lalique and Louis Sullivan.

• A Gold, Aquamarine, Diamond and Plique-à-Jour Enamel Dragonfly Pendant-Necklace crafted by Lalique circa 1903-1904 achieved $212,500, more than doubling its high estimate of $100,000

• The collection offered one of the most important selections of silver and metalwork designed by Archibald Knox for the famous Liberty & Co. ever to appear at auction. Two of these examples exceeded $100,000, led by a rare "Cymric" Clock that more than quadrupled its $30,000 high estimate in selling for $125,000.

Following yesterday’s dedicated sale, today’s American Art auction in New York offered Norman Rockwell’s The Bookworm from the Warshawsky Collection – the work sold for $3,834,000, well in excess of its $2.5 million high estimate.