A few notable results from Morphy’s Fine & Decorative Arts sale of July 14-15, 2020

Morphy Auctions, Denver, PA, held a Fine & Decorative Arts sale on July 14-15, 2020. Day 1 was a general auction with watches, silver, paintings and orientalia. Day 2 was more interesting for me with art glass and lamps, among other items. Following are a few of the more interesting results from Day 2. Sales totaled over $3.3 million for the entire sale.

Tiffany Studios 17″ diameter Dragonfly table lamp, Morphy lot #2159

An attractive, but not killer, Tiffany Studios 17″ diameter Dragonfly table sold for $44,100, including buyer’s premium, against an estimate of $20,000 – $30,000, a nice result. I tried to buy it, but it was just out of range for a dealer, but not for a collector.

Handel 18″ diameter Poppy table lamp, Morphy lot #2165

Morphy offered a very nice selection of Handel reverse-painted table lamps. The top lot of the group, #2165, a Poppy, multi-floral lamp sold for $30,750, at the low end of the $25,000 – $40,000 estimate. Unfortunately the Handel market peaked decades ago, with values today at about 35-50% of the peak. They’re just as beautiful today as they were then, just not as valuable.

Tiffany Favrile paperweight vase, Morphy lot #2104

There was a dearth of good French cameo glass at the sale, so not much to report there. In the American glass category, a very nice Tiffany Favrile paperweight vase sold just below its low estimate of $10,000, realizing $10,455, including buyer’s premium.

Webb English cameo Falcon perfume bottle, Morphy lot #2012

Morphy sold quite a few English cameo glass perfume bottles. The star of this section of the sale was lot #2012, a Webb laydown bottle in the form of a falcon. It sold well above its high estimate of $4,000, realizing $7,380, including buyer’s premium.

Amphora Dragon vase, Morphy lot #2392

Included in the sale was a large, high-quality collection of Amphora pottery. The top lot of this section of the sale went to #2392, an important Dragon vase. It sold for almost 5 times its high estimate of $8,000, realizing $40,590, including buyer’s premium. That had to put a smile on the consignor’s face.

For the complete results of the sale click here.

The results of the sale of the John Atzbach Collection of automobiles and memorabilia including the 1965 Shelby GT350R Prototype

The John Atzbach Collection of historic automobiles and memorabilia was sold by Mecum Auctions on July 10-18, 2020 in Indianapolis, IN.
1965 competition Shelby GT350 R-Model

As expected, the highlight of the entire auction was the sale of the 1965 competition Shelby GT350 R-Model. It was anticipated that it would sell for upwards of $2 million and it didn’t disappoint. The final price of $3.85 million, including buyer’s premium, set the record for the most valuable Mustang in history.

1966 Shelby GT350 convertible

The second highest price of the sale was achieved by a 1966 Shelby GT350, one of only 4 convertibles built that year. It realized $1,100,000, including buyer’s premium.

1967 Lamborghini 400 GT 2+2

The top Lamborghini of the sale went to a 1967 400 GT 2+2, unrestored with 28,000 original miles. It sold for $363,000, including buyer’s premium. To put that in perspective, five Shelbys sold for more.

The top lot of the 1,300 lots of memorabilia went to an enormous, 138″ x 90″, early 1960s, COBRA POWERED BY FORD banner, hand-signed by Carroll Shelby. It realized $53,100, including buyer’s premium.

For the complete results of the sale, click here. You won’t be able to see a thing until you sign in (free).

Good results at Heritage Auctions’ American Art sale, July 1, 2020

Heritage Auctions, Dallas, TX, held an American Art sale on July 1, 2020. The sale was diverse and included some works of American Illustration, many of which sold well above their high estimates. Auctions in general have been doing well since the pandemic began, I suppose partially because people are spending more time on the Internet.

Norman Rockwell, Grandfather and Grandson, 1929, Heritage lot #68160

Three of the top four lots of the sale were American illustrations. The second highest price of the sale went to Norman Rockwell. His Grandfather and Grandson, commissioned by the Dixon Ticonderoga Company in 1929, sold for a disappointing $447,000, including buyer’s premium, against an estimate of $500,000 – $700,000. Apparently his magazine cover illustrations are more in demand. Saying Grace, the cover of the Saturday Evening Post in 1951, sold for $46 million at a Sotheby’s auction in 2013.

Frederic Remington, Water!, circa 1890, Heritage lot #67001

The first lot of the sale, #67001, a black and white painting by Frederic Remington entitled Water!, was also the third best selling lot of the sale. It realized $300,000, including buyer’s premium, against an estimate of $120,000 – $180,000.

J.C. Leyendecker New Year’s Baby Hitching to War, 1943, Heritage lot #68163

An unpublished cover painting by J.C. Leyendecker for the Saturday Evening Post, entitled New Year’s Baby Hitching to War, New Year’s Day, 1943, Heritage lot #68163, sold for almost triple its high estimate of $80,000, realizing $275,000, including buyer’s premium. Wow! Curtis Publishing never used the image because it was deemed too unsympathetic to the mothers of America whose sons were heading off to war. Apparently being unpublished did not diminish the enthusiasm for this lot.

For the complete results of the sale click here. You will have to sign in (free) to see the prices realized.

What’s new at Philip Chasen Antiques?

Happy 4th of July! I hope you’re using your masks and taking proper precautions. This COVID-19 nonsense is not going away until we get an effective vaccine. So buckle your seat belts for the long haul.

I’ve been pretty busy, considering that I’m stuck at home and not doing any shows. Business has been surprisingly good. I’ve been selling quite a bit and buying accordingly.

Following are a few of the many examples I’ve just listed on my website. First is a rare and very desirable Tiffany Studios Spider table lamp. This lamp came from a one-owner home in New Hampshire. Never touched by human hands as a good friend likes to say about virgin items. I sent it to my restorer to be professionally rewired and now it’s ready to go into your home.

Tiffany Studios 15″ diameter Spider table lamp
Second is a magnificent Daum Nancy vase with Datura flowers. They don’t grow in the Northeast, so I was unfamiliar with them. I do know they’re very showy, beautiful flowers. The vase has extensive gilding at the top and bottom making it exceptional, especially at 12″ tall.
Daum Nancy Datura vase
Next up is a rare, superb blue Tiffany Tel el Amarna vase. Blue is the second rarest color, after red. This example comes with its original gilded bronze base. Tiffany ground a button on the bottom of the vase to fit perfectly into the bronze holder. It’s fully signed on both the glass and the bronze. What a special vase!
Tiffany blue Favrile Tel el Amarna vase

I’ve posted more than these three items on my website, so please go and have a look. I’ll be posting more every day this week. If any of the items are of interest to you, I’ll be happy to supply more information or photos.