I am now publishing once a week, on Monday.
Christie’s New York held a Design sale on December 13, 2018, with total sales of $8,493,125. Approximately 40% of that total was for the sale of one single Tiffany Studios lamp.
Lot #9 was a rare and important 1903 Pond Lily table lamp. It had previously been sold at Christie’s New York on December 9, 1989, for what was then the world auction record price for a Tiffany lamp, $550,000, including buyer’s premium. Once again it attained the new world record auction price for a Tiffany lamp. It realized $3,372,500, including buyer’s premium, against a pre-sale estimate of $1,800,000 – $2,500,000. Its rarity was partially due to its steep price of $400 in 1903. (That is not a misprint.) There are only 13 examples known to exist, with 5 in museums and 8 in private hands.
The second best result for Tiffany lamps was a magnificent Laburnum table lamp on a killer Bird Skeleton lamp base. It sold near its low estimate, realizing $468,500, against a pre-sale estimate of $400,000 – $600,000 .
The six Tiffany lamps in the sale sold for a combined total of $4,134,750 – almost 50% of the total for the entire sale of sixty-three lots. For the complete results of the sale, click https://www.christies.com/design-27820.aspx?lid=1&dt=231220181137&saletitle=
No shows until May when we’ll exhibit at the Chicago Antiques + Art + Design show at the Merchandise Mart in downtown Chicago. It’s a beautiful show in a wonderful venue. The dates are May 14-17, 2020. So put it on your calendar and make plans to visit. You’ll thank me.