NEW YORK, NY.- Sothebys trilogy of Important Design sales concluded yesterday in New York, with a market-leading total of $10.4 million. More than 275 works were sold over the course of the day, representing a strong overall sell-through rate of 83%. Below is an overview of some of the highlights that drove outstanding results this season:
IMPORTANT DESIGN
Auction Total $6.5 Million
Emerging from the celebrated Forbes Family Collection, an exceedingly rare group of eight panels by Jean Dupas from the S.S. Normandie led the Important Design sale, achieving $1.4 million a new auction record for Dupass coveted Art Deco panels and the top price of this weeks Design auctions in New York.
The stunning reverse-glass panels are part of the monumental History of Navigation mural, designed by French artist Jean Dupas for the luxury voyageurs Grand Salon. Depicting part of the mythological Birth of Aphrodite scene, the eight adjacent panels are surviving relics of the French vessels extravagant Art Deco interiors, and capture the glamour of this by-gone era. Renowned entrepreneur and publisher, Malcolm S. Forbes, purchased the eight panels at auction in 1981 as a wedding gift to his son, Robert, for $99,000 a then-record sum for Dupas. The panels would later welcome visitors to the Forbes Galleries in Manhattan until its closing in 2014.
Other top prices from the Important Design sale demonstrated strength for works across the 20th century: from a rare Side Chair created by Charles Rennie Mackintosh circa 1904 for Miss Kate Cranstons residence Houshill at Nitshill in Glasgow, which sold to applause for $576,500 (nearly four times its high estimate), to Claude Lalannes monumental and unique topiary fountain Dimetrodon II from 1998, which brought $540,500.
MASTERWORKS BY TIFFANY STUDIOS FROM THE ESTATE OF CAROL FERRANTI
Auction Total $2.3 Million
Sotheby's series of three sales began with the outstanding collection of rare Tiffany treasures from the Estate of Carol Ferranti, whose $2.3 million total was well in excess of the auctions $1.9 million high estimate, with 95% of lots sold 83% of which fetched prices above their high estimates.
An Important and Rare Butterfly Table Lamp led the morning auction, selling for $648,500 (estimate $400/600,000) a new auction record for the firms Butterfly model. A lyrical and early artistic production from the iconic studio, the Butterfly motif is one of Tiffanys rarest and best-documented designs. Dating to circa 1898, it marks one of the first leaded glass shades designed by Clara Driscoll. Originally credited to Louis Comfort Tiffany, Driscolls correspondence from the time confirms that the two creatives worked together to realize this extraordinary design.
WYETH: THE ART OF TIMELESS DESIGN
Auction Total $1.6 Million
Sotheby's dedicated auction WYETH: The Art of Timeless Design achieved strong prices for the chic and sophisticated works of Scandinavian, American mid-century, and Italian design on offer, unified by integrity of materials, impeccable craftsmanship and beauty of form. The collection of post-war designs was inspired by WYETHs Sagaponack location, with contents curated by its visionary founder, John Birch.