I am now publishing once a week, on Monday.
No new post this Monday. We’re on vacation.
It’s not often that Tiffany Studios lamps are sold at auction in Europe. So I was surprised that a French auction house, Tajan, was selling one, a Tiffany Lotus lamp, at their sale in Paris last November 20, 2018. The final sale price of €93,600 ($106,122), including buyer’s premium, easily exceeded the pre-sale estimate of €40,000 – €60,000.
But was it a good price compared to what it might have brought if it had sold at a major American auction house? Not if you look at the result of a fairly recent Sotheby’s New York sale, Tiffany: Dreaming in Glass, December 13, 2017. A green example sold for $375,000, against a pre-sale estimate of $120,000 – $180,000.
So the way I see it, one of two things happened. Either someone got a great deal on an authentic lamp or got ripped off on a reproduction. I wasn’t there to inspect the lamp, so I have no idea. I can only hope it was the former.
No shows until May 17, 2019, when we’ll exhibit at the Chicago Antiques + Art + Design Show at the Chicago Merchandise Mart. It’s Chicago’s premier antiques event of the year. In the meantime, we’ll be buying up another storm, including a European buying trip we’ve already got scheduled. Please call or email if you’re looking to buy, sell or trade. We’re always interested.
I 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.