Tag Archives: Morphy Auctions

Mixed results at Morphy Auctions first Lamps, Glass & Jewelry auction, June 20-21, 2018

Posted on by
Reply

For the foreseeable future, I will publish once a week on Monday.

James D. Julia, Inc., now a division of Morphy Auctions, held a Lamps, Glass & Jewelry auction on June 20-21, 2018 with approximate total sales of $2.8 million. The first day focused on silver and jewelry, with some strong results. The second day was dedicated to glass and lamps, with mixed strong and soft results. Today’s post will only focus on the lamps and glass.

Monumental Gallé Clematis table lamp, Morphy lot #752

The top lot of the entire sale was #752, a magnificent, enormous Emile Gallé Clematis table lamp. It was an example of the largest Gallé lamp known to exist, 31″ tall x 20½” diameter. To make sure the lot sold, the consignor lowered the reserve to half the low estimate of $120,000, or $60,000. I bid $60,000 to open the lot, but then dropped out. The bidding continued long after I was out. The lamp sold for $184,500, including buyer’s premium, against a pre-sale estimate of $120,000 – $150,000. It wasn’t too surprising considering another Gallé lamp of the same size and shape, but with Wisteria decoration, sold at Christie’s New York in June of 2017 for $331,500. The consignor at Morphy’s sale was very nervous prior to the sale and ebullient after the sale.

Tiffany Turtleback lantern

The top lot of the Tiffany lamps was a Turtleback lantern, not a table lamp. It sold as lot #802 for $67,650, including buyer’s premium, against a pre-sale estimate of $25,000 – $35,000.

Thomas Webb & Sons Alligator perfume bottle, Morphy lot #909

The most unexpected result of the sale was for lot #909, a rare glass alligator perfume bottle in its original box. Bidding started online at $400 and continued for 77 bids until it was finally sold in the auction room for the astonishing price of $67,200, against a pre-sale estimate of $800 – $1,500. Apparently it was a very rare bottle by Thomas Webb & Sons, pictured in some obscure literature, but never seen in person. The sale was winding down after selling over 900 lots when the excitement started. It sold just a few lots short of the end of the sale at lot #926. Nobody in the room was expecting that kind of action so late in the sale. Morphy’s didn’t know what they had, so they just catalogued it as a rare alligator bottle, with no known attribution. At least two bidders knew what it was and that’s all it took for a fantastic result.

For the complete results of both days of the sale, click here.

No shows until the Baltimore Art, Antique & Jewelry Show at the end of the summer, August 30 – September 2, 2018, as we were forced to give up shows like Denver. Unfortunately the Baltimore show promoter has moved the show one week later than usual, to the Labor Day weekend. The show used to be held over the Labor Day weekend, but that was many years ago. The show is wonderful, so we’ll continue to exhibit there regardless of the change of dates.

We’re still very much in business between shows, so please don’t hesitate to email or call. I recently listed some of the new items on my website and will list more every week. Click Philip Chasen Antiques to take a look. I will make every effort to actively list new items as often as time permits. I always strive to offer the finest objects for sale on my website and at every show. There are many items for sale, sold items with prices and free lessons about glass and lamps. And remember to keep reading my blog.

In a stunner Morphy Auctions buys James D. Julia Auctions

Posted on by
Reply

My goal is to publish new posts twice a week — Mondays and Thursdays. There has been a lot of auction action in December, which I’ll cover in the next few weeks. You won’t want to miss these posts, which will be every Monday and Thursday.

First and foremost I want to wish a Merry Christmas to all of my Christian friends, clients and readers.

We’re just back from a wonderful 3-week vacation in Asia, having visited Singapore, Thailand, Vietnam, China and Hong Kong. Now back to work.

Because of the importance of this post, I will leave it for the entire week. The next post will be next Monday.

Dan Morphy (left) and Jim Julia (right) shake hands

In a stunning turn of events, Morphy Auctions of Lancaster County, Pennsylvania, has bought James D. Julia Auctions of Fairfield, Maine. Their publicity lists the sale as a merger, but that seems like a bit of hyperbole. Well I guess it is a merger, sort of. Morphy Auctions will acquire the mailing lists of Julia Auctions and will continue to employ the sales staff and department experts of Julia’s. All of the support staff at Julia’s including secretaries, accountants, photographers, shippers, etc. will lose their jobs. Julia’s will still hold a February and a March sale in Maine, but will close its doors on May 1, 2018. I’m told those employees losing their jobs will receive generous severance packages.

Sales at Morphy’s have been approximately $35 million per year, while Julia’s had sales of $43 million. Dan Morphy is hoping the combined company will achieve sales equal to or better than the individual totals. Morphy will gain important departments, including the highly successful Rare Firearms and Glass and Lamps divisions. Mike Fredericks, head of Julia’s Glass & Lamp Department, will be moving up to become manager of all departments — a smart move by Morphy.

I’m sure part of Jim Julia’s motivation is to spend as much quality time as he can with his wife, Sandy, who is dealing with brain cancer. They are both personal friends of mine whom I wish nothing but the best.

If size is important (and it probably is) and Morphy does a good job of integrating Julia’s staff, it should work out well. Time will tell. Got my fingers crossed for all involved. Don’t be surprised if Morphy buys another auction house a few years down the road. You heard it here first.

No more shows until February 2, 2018, when we’ll exhibit at the Miami Airport show. I’ve been beating the bushes finding new treasures and have come up with some beauties. I will make every effort to actively list new items as often as time permits. We’re still very much in business between shows, so please don’t hesitate to email or call. I always strive to offer the finest objects for sale on my website and at every show. There are many items for sale, sold items with prices and free lessons about glass and lamps. And remember to keep reading my blog.

James D. Julia Inc. sells its Advertising, Toy & Doll Division to Morphy Auctions

Posted on by
Reply

My goal is to publish new posts twice a week — Mondays and Thursdays. However, if you don’t see a new post on Thursday, it’s because I was too busy, so please look for a new one the following Monday.

Jim Julia

Jim Julia

James D. Julia, Inc. and Morphy Auctions simultaneously announced the sale of the Advertising, Toy & Doll Division from James D. Julia, Inc. to Morphy Auctions. Morphy has been growing his successful toy business, while Julia has been growing his successful firearms division.

I called Jim Julia to get more information than was available from the press announcements. He told me that at one time, Julia’s was king of the hill in the advertising, toy and doll world. Even at that time, profits were difficult to come by. Subsequently, the division didn’t turn a profit every year. Conversely, Julia’s firearms division was generating strong profits, with guns blazing. 🙂 “Adding two days per year to gun division sales will make profit equal to several years of toy division’s profits.” Morphy’s offer to buy the toy division was an offer he couldn’t refuse.

Dan Morphy

Dan Morphy

Morphy’s, headquartered in Denver (Lancaster County), Pennsylvania, will immediately acquire all of Julia’s division’s operations and absorb them into its own existing Toy, Doll and Antique Advertising departments. “Morphy’s is excited to welcome Julia’s past consignors and clients to our company,” said Dan Morphy.

Looks like a “win-win”.

Click here to check my website for the latest items and to look around. There’s lots more coming in in the next couple of weeks, including two important Daum Nancy Blackbird vases, two large Tiffany Favrile Jack-in-the-Pulpit vases, two Gallé Magnolia vases and lots more. Keep checking my site, as I will be updating it next week (vacation this week). We’re still very much in business between shows, so please don’t hesitate to email or call. I always strive to offer the finest objects for sale on my website and at every show. There are many items for sale, sold items with prices and free lessons about glass and lamps. And remember to keep reading my blog.