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.
RM Auctions, in association with Sotheby’s, held an auction of the Milhous Collection of musical instruments, cars and collectibles, at the Milhous Museum in Boca Raton, Florida on February 24th and 25th, 2012. The auction was strong, with individual eye-popping results. Total sales were $38.3 million with 100% of the items selling – a superb result.
The museum was not open to the public, but I had the privilege of visiting about 15 years ago, when I sold five Louis Icart etchings to Paul Milhous. Wow, what a museum — filled with classic antique automobiles and the most amazing selection of meticulously restored orchestrions, assembled from all over the world. The music was fantastic, just like the best merry-go-round you’ve ever been on.
Louis Icart etchings were a tiny part of the auction, but since I sold them to him, I’m mentioning them first. I’m happy to report they all did great! When was the last time you heard of superb prices for Louis Icart etchings at auction? It’s been a while. I hope this is the start of a new leg up in the market. Lot #364 was Leda and the Swan. It sold for a whopping $21,850, against a pre-sale estimate of $5,000-$7,000. Other great Icart results were Lilies, $9,200; Orchids, $9,200; Speed II, $7,475; and Waltz Echoes, $8,625. If you would like to purchase any of the same etchings, framed in the same 24K gold leaf frames, for a fraction of the price, please contact me. 516-922-2090 or firstname.lastname@example.org.Top lot of the auction was a 1912 Limited Five-Passenger Touring Oldsmobile, sold as lot #823. It doubled its pre-sale estimate of $1,400,000-$1,600,000, to sell for $3,300,000.
The top orchestrion in the sale was lot #784, a 1903 Ruth Style 38-B Fair Organ by A. Ruth & Söhne from Waldkirch, Germany. It sold for $1,265,000, within the pre-sale estimate of $1,000,000-$1,200,000. On a personal note, I tried buying one of the player pianos, but prices were too strong for me. Drats!
For the complete results of this extraordinary auction, click on the following link. The Milhous Collection results.
Our next show is the Pier Show in New York City on the weekend of March 17th and 18th. It’s always fun, so start planning your trip to the Big Apple!
In the meantime, we’re still in business, so don’t be bashful. Call or write!
Look around my website. There are many items for sale, sold items with prices and free lessons about glass and lamps. I regularly add Tiffany vases, lamps and desk accessories, as well as French cameo glass by Galle and Daum Nancy and Louis Icart etchings. Here’s the link. chasenantiques.com