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.
Christie’s New York held its Magnificent Tiffany auction on December 19, 2013, with total sales of $1,372,625. Of the 47 items offered for sale, 28 sold, while 19 did not. Sotheby’s was clearly the winner this week, with a finer group of items for sale, as well as significantly higher sales of $3,675,625 in its Important Tiffany sale.
There were some winners in the sale, including lot #135, a fine Tiffany Pony Wisteria table lamp. It sold above its high estimate of $150,000, realizing $221,000, including buyer’s premium.
A Tiffany Studios Nasturtium Trellis chandelier brought the second highest price of the auction, $118,750, just below the low estimate. While the results were disappointing, it presented some exceptional buying opportunities. The Tiffany market will rebound, making the buyers at this sale look smart. Every market, including the stock market, takes a breather. It’s the smart money that moves in during those opportunities.
We’ll be busy buying for the next several weeks in anticipation of the important Florida shows, starting with the Miami National Antiques Show on January 24, 2014. We’ll end our winter schedule with the wonderful Grove Park Inn Arts & Crafts Conference, February 21 – 23, 2014. We last exhibited there a few years ago and couldn’t exhibit again because of scheduling conflicts. This year there were no conflicts, so we’re happy to return. It will immediately follow the important Palm Beach Antiques Show.
Click here to view my new website and look around. We always strive to offer the finest objects for sale on our website and at every show. There are many items for sale, sold items with prices and free lessons about glass and lamps