You could have bought the original piano from the 1942 classic film Casablanca

Posted on January 17, 2013 by Philip Chasen

Sam plays As Time Goes By to Rick and Ilsa

The two weeks from the end of November to the middle of December were good for fans of the classic 1942 film, Casablanca, starring Humphrey Bogart and Ingrid Bergman. First Heritage Auctions sold a 1942 Casablanca poster for $191,200 on November 29, 2012 and then Sotheby’s offered the famous original piano from the movie on December 14, 2012. You remember the flashback scene in the French café La Belle Aurore, where Sam (Dooley Wilson) serenaded Rick (Humphrey Bogart) and Ilsa (Ingrid Bergman) with “As Time Goes By”? It doesn’t get more romantic than that.

The piano and bench on display at Sotheby’s

The piano came to the auction block with a pre-sale estimate of $800,000 – $1,200,000. Apparently there weren’t that many multi-millionaires willing to pay the big bucks, so the piano sold for only $602,500 — probably disappointing to the consignor, but maybe not. He (a Japanese man) paid $154,000 for it at auction in 1988 and brought it to Japan. Now it’s back (but the buyer has not been named). I’d like to think it was Steven Spielberg, but that’s wild speculation on my part.

The Miami shows are almost upon us. The first one, the Miami National Antiques Show (The Airport Show), begins in one week, on Friday, January 25, 2013, at noon and ends on Sunday, January 27, at 5 PM. It’s a very fine quality show with top exhibitors. If you come just a little early to Miami, you can visit the Airport Show and get first crack at the very same antiques that will be exhibited the following week at the huge, important, eagerly awaited Original Miami Beach Antiques Show. You can see two shows for the travel price of one, in warm, sunny Miami and legitimately write the whole thing off as a business expense (well, only if you’re a dealer).

I will be posting videos on YouTube of my lecture on French Cameo Glass to the Metropolitan Glass Club. I need some time to edit the videos. When they’re ready, I’ll put the link on my website and here in my blog.

Incredible Tiffany Favrile red decorated paperweight vase, just in

Click this link to view some of the new objects I recently purchased and listed. Tiffany glass for sale. We always strive to offer the finest objects for sale on our website and at every show.

Fine Gallé clematis blownout vase, recently acquired

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 etchings by Louis Icart. Here’s the link. Philip Chasen Antiques.

Good results at Sotheby’s Important Tiffany auction, December 15, 2012

Posted on December 27, 2012 by Philip Chasen

Sotheby’s New York held its Important Tiffany auction on December 15, 2012, immediately following its Masterworks by Tiffany Studios from the Geyer Family Collection auction. The sale did well, grossing $2,950,500. Results were a little stronger in this sale than the Geyer Collection sale. The quality was high in both sales, so I can only speculate that the more conservative estimates in the various owner sale achieved better results.

Tiffany Studios Trumpet Creeper table lamp, Sotheby’s lot #331

The top lot of the sale was a Tiffany Studios Trumpet Creeper table lamp, with the same form as a Wisteria lamp, but with a rarer flower. It flew past its pre-sale estimate of $400,000 – 600,000, to sell for $914,500, including buyer’s premium.

Good Tiffany Studios Peacock table lamp, Sotheby’s lot #332

A fine Tiffany Peacock table lamp, with matching Favrile glass base, was the second best lot of the sale. Estimated to sell for $140,000 – $180,000, it handily exceeded its high estimate to sell for $242,500, including buyer’s premium.

Tiffany 7-inch diameter Favrile blue counterbalance table lamp, Sotheby’s lot 333

The prize winner for the most bizarre price paid at the sale goes to lot #333, a 7″ diameter blue Favrile counterbalance table lamp. The shade had decent color with the lamp off and weak color with the lamp on. For that reason, I decided not to bid, regardless of how low the price would be. Instead, it was one of the most competitive lots of the sale. Its final price of $46,875 was approximately five times the low estimate. The estimate of $8,000 – $12,000 was appropriate, so what happened? Easy. Two wealthy, but unknowledgeable bidders, butted heads. Each had more cents than sense (pun intended). The consignor hit a home run and the underbidder should thank his lucky stars that he was outbid.

For the complete results of the sale, click on the following link. Important Tiffany results.

Incredible Tiffany Favrile red Tel-El-Amarna vase, just in

Click this link to view some of the new objects I recently purchased and listed. Tiffany glass for sale. We always strive to offer the finest objects for sale on our website and at every show.

Fine Gallé clematis blownout vase, recently acquired

Sotheby’s Masterworks by Tiffany Studios from the Geyer Family Collection auction was held on December 15, 2012

Posted on December 24, 2012 by Philip Chasen

Let me begin with a retraction and an apology to Alan Michaan of Michaan Auctions. In my blog of December 6, 2012, I falsely accused him of making it appear that some items that were bid up to or beyond the low estimate sold, but actually did not. After further checking of my facts, it appears that the auction house did no such thing. As is normal practice, items were bid up to an amount just below the reserve. Those items that were bid beyond that, actually did sell. It was never my intention to malign Mr. Michaan or Michaan Auctions. My opinion was based on the belief that the auction house had committed some unethical practices that did not actually occur.
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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.

Sotheby’s New York held their 20th Century decorative arts auctions on December 15, 2012. They were separated into two catalogs and sales, one immediately following the other. The first was a private collection sold as Masterworks by Tiffany Studios from the Geyer Family Collection, which grossed $2,871,126. Immediately following, the various owner Important Tiffany sale was held (Thursday’s blog).

Splendid Tiffany Studios Peony table lamp, Sothebys lot #226

The top lot of the sale was #226, a gorgeous Tiffany Studios Peony table lamp, on a rare Turtleback and Mosaic base. The final price of $746,500, including buyer’s premium, would seem to indicate the lamp did very well, but it sold below the estimate of $800,000 – $1,200,000. Perhaps the estimate was a little too optimistic, but at least the reserve was realistic.

Most items in the sale sold within or above the pre-sale estimates, but a few good lots sold below. It was a rare buying opportunity for astute buyers. I think some people will be kicking themselves in the near future, when they look back at the results.

Tiffany Studios Lily Pad table lamp, Sotheby’s lot #241

Lot #241 was an attractive Tiffany Studios 20″ diameter Lily Pad table lamp with a desirable Twisted Vine base. It sold well above its pre-sale estimate of $100,000 – $150,000, realizing $218,500.

Ultra rare Tiffany Studios Pine Needle clock/barometer, Sotheby’s lot #233

Tiffany Studios desk set items were well represented in the sale. The rarest single item was a combination clock/barometer in the Pine Needle pattern. Estimated to sell for $7,000 – 9,000, it soared to a final price of $21,250, the most I can recall for any individual Tiffany Studios desk set item ever at auction — not a surprising result, considering its rarity.

For the complete results of the sale, click on the following link. Geyer Family Collection results.

Incredible Tiffany Favrile red decorated paperweight vase, just in

Click this link to view some of the new objects I recently purchased and listed. Tiffany glass for sale. We always strive to offer the finest objects for sale on our website and at every show.

Fine Gallé clematis blownout vase, recently acquired

Have an Apple I computer? It could be worth over $350,000.

Posted on July 5, 2012 by Philip Chasen

Apple I motherboard, Sotheby's lot #57

Included in Sotheby’s New York sale of Fine Books and Manuscripts, was a working Apple I computer from 1976, with the original manual. Curious choice of sales in which to put a computer, but apparently they did so because of its historical significance. Estimated to sell for $120,000 – $180,000, it almost tripled its low estimate to sell for $374,500, including buyer’s premium. Not a bad return, considering the original price was $666. It’s also interesting to note that a computer then is not what a computer is today. You only got the motherboard in 1976. You had to supply your own keyboard, monitor and cassette machine to run the programs. Here is the link to Sotheby’s sale. Apple I computer results.

Detail of the Apple Computer Company contract, Sotheby's lot #241

The Apple I sales price shouldn’t have been a surprise considering that in December, 2011, Sotheby’s New York sold three Apple documents, including the original contract for the formation of the Apple Computer Company, for $1,594,500 — 15 times the pre-sale estimate of $100,000 – $150,000. The historical significance of the lot was not lost on the public. Here is the link. Sotheby’s sale of Apple contracts.

So go searching in your attic if you were into early Apple computers. Maybe you’ve got a fortune there.

Our next show won’t be until July 27-29, in Redondo Beach, CA, but we’re still very much in business. Don’t hesitate to call or write, and let me know what you’d like to buy, sell, or trade.

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Superb Galle water lily blownout vase, just in

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. Just recently, I added about 10 new items. I’ve listed those and more will be coming this week. Here’s the link. chasenantiques.com

A few good results at Bonham’s New York 20th Century Decorative Arts sale, June 12, 2012

Posted on June 25, 2012 by Philip Chasen

Bonham’s New York held their 20th Century Decorative Arts sale on June 12, 2012, with fair results. There were a few good sales, but more than a few items went unsold. Sotheby’s and Christie’s held their 20th Century sales in the two days following Bonham’s, with considerably better results.

Tiffany Studios Lotus table lamp, Bonham's lot #4061

Top lot of the Bonham’s sale was #4061, a Tiffany Studios Lotus table lamp. Estimated to sell for $80,000 – $100,000, it squeaked by to sell near the low estimate, reaching $92,500, including buyer’s premium.

Art Deco bronze and ivory figure, Dourga, by Chiparus, Bonham's lot #4205

Second best lot of the sale was an Art Deco 24½” bronze and ivory statue by Demetre Chiparus, entitled Dourga. It soared past its pre-sale estimate of $25,000 – $35,000 to sell for $88,900. That continued the decade-long strength by important Art Deco bronze and ivory artists like Chiparus and Preiss.

Rare R. Lalique vase, Deux Anneaux Lizards, Bonham's lot #4195

René Lalique glass sold well, also showing continued strength. Top Lalique lot was #4195, a rare frosted glass two-handled vase, Deux Anneaux Lizards. It was sold privately after the auction for $20,000, against an aggressive estimate of $20,000 – $30,000.

For the complete results of the sale, click on the following link. Bonham’s 20th Century results.

Thursday I’ll cover James D. Julia’s Important Lamp and Glass auction that took place on June 21.

Our next show won’t be until July 27-29, in Redondo Beach, CA, but we’re still very much in business. Don’t hesitate to call or write, and let me know what you’d like to buy, sell, or trade.

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Very fine, internally decorated Burgun & Schverer vase, just in

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. Just this past week, I added about 10 new items. Here’s the link. chasenantiques.com

Tiffany Studios lamps and glass sell well at Sotheby’s New York Important 20th Century Design sale, June 13, 2012

Posted on June 18, 2012 by Philip Chasen

June is Decorative Arts month at the nation’s auction houses. Every major and many not-so-major auction house holds one in June. I’ll cover many of them in the next few weeks, each Monday and Thursday. Today, it’s Sotheby’s turn. They held their New York Important 20th Century Design sale on June 13, 2012.

Very pretty Tiffany Studios Pony (miniature) Wisteria lamp, Sotheby's lot #14

Tiffany Studios table lamps and glass were the sale’s top sellers, with only one lot, a 1960s aluminum chair by Gerrit Rietveld, selling for more. 100% of the Tiffany lamps sold, with many exceeding their high estimates.

Beautiful Tiffany Studios Favrile glass morning glory vase, Sotheby's lot #6

The top Tiffany Studios lot of the sale was #14, a Pony Wisteria lamp, which sold for $254,500, against a pre-sale estimate of $120,000 – $180,000. The top Tiffany Studios Favrile glass lot of the sale was #6, a beautiful paperweight vase with morning glory decoration. It sold for approximately double its low estimate, to reach $98,500. Total sales for the auction were $4,486,125, approximately half their December figures, as the December sales are usually larger and more important.

For the complete results of the Sotheby’s sale, click on the following link. Sotheby’s 20th Century results.

Still to come up are James D. Julia’s Important Lamp and Glass auction, this Wednesday and Thursday, as well as Skinner’s 20th Century Design sale this Saturday. After that we can expect a calmer July.

Our next show won’t be until July, but we’re still very much in business. Don’t hesitate to call or write, and let me know what you’d like to buy, sell, or trade.

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A killer Gallé fuchsia blownout vase, just in

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

Sotheby’s sells Edvard Munch’s The Scream for $119,922,500

Posted on May 7, 2012 by Philip Chasen

Edvard Munch's The Scream, Sotheby's lot #20

Sotheby’s New York held its Impressionist and Modern Art Evening Sale on May 2, 2012, with fabulous results. The big news for the evening was the sale of the world’s most valuable single work of art, Edvard Munch’s iconic painting, The Scream. Pre-sale chatter suggested the price may reach $80,000,000. That was blown away, when the painting sold for $107,000,000 at the hammer ($119,922,500, including buyer’s premium). Sotheby’s produced an interesting 2½-minute video with highlights of the painting’s sale, which can be viewed by clicking on the following link. Sotheby’s video.

The auction was a barn-burner, with total sales reaching $330,568,550, the second-highest total for any Sotheby’s auction ever. Only a few paintings did not sell. Surprisingly one of them was by Edvard Munch, entitled Sommernatt, (Summer Night). It was offered as lot #41, with an estimate of $2,500,000 – $3,500,000. But let’s not feel bad for Munch – four additional paintings by the artist sold in the auction.

Pablo Picasso's Femme Assise Dans Un Fauteuil, Sotheby's lot #4

Honors for second place went to Pablo Picasso. His Femme Assise Dans Un Fauteuil sold for $29,202,500, against a pre-sale estimate of $20,000,000 – $30,000,000.

For the complete results of the sale, click on the following link. Sotheby’s sale results.

Our next show won’t be until July, but we’ll still be very much in business (except for a two week well-deserved vacation). Don’t hesitate to call or write, and let me know what you’d like to buy, sell, or trade.

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A wonderful Martin Brothers stoneware face jug

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

Great results for Louis Icart and the rest of the Milhous Collection at RM Auctions, February 24-25, 2012

Posted on March 1, 2012 by Philip Chasen

The auction is underway

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.

Original Louis Icart etching - Leda and the Swan, RM Auctions lot #364

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 philchasen@gmail.com.

1912 Limited Five-Passenger Touring Oldsmobile, RM Auctions lot #823

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.

1903 Ruth Style 38-B Fair Organ, RM Auctions lot #784

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!
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Very fine Daum blownout scenic vase with wheel-carved detail

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

Superb results at Sotheby’s Important Tiffany sale, December 15, 2011

Posted on December 26, 2011 by Philip Chasen

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. No Thursday post this week because of a brief holiday. Hope to have a new post on Monday, but it might be Tuesday.

Sotheby’s New York held its Important Tiffany sale on December 15, 2011, a day after Bonham’s New York held its 20th Century Decorative Arts sale. Sotheby’s separated its 53 Tiffany Studios’s items into one catalog and its Important 20th Century Design items into another. Continuing the excellent results for Tiffany Studios items, the sale totaled $4,597,875, with 83.0% of the offerings sold by lot and 78.2% by value. That worked out to an impressive average price of $104,497 per sold lot. The Important 20th Century Design portion of the sale grossed $5,106,251, for a combined total of $9,704,126.

Tiffany Studios Wisteria table lamp, Sotheby's lot #238

Top lot of the sale was #238, a beautiful Tiffany Studios Wisteria table lamp, which sold for $842,500, including buyer’s premium — well above the pre-sale estimate of $400,000 – $600,000.

Three Tiffany Studios wall sconces, Sotheby's lot #231

The most mystifying result of the sale was lot #231, a set of three relatively simple (except for the bronze balls) Tiffany Studios wall sconces. Estimated to sell for $25,000 – $35,000, they sold for an astonishing $182,500. Bidding slowed and almost finished near $45,000, when two determined phone bidders continued to duke it out to $182,500. Another happy consignor hit the jackpot! There’s no other way to describe it. If I had displayed these sconces at a show and asked $182,500, I would have been laughed out of the show.

Original oil painting on panel by Louis Comfort Tiffany, Sotheby's lot #201

Prices and interest have been steadily rising on original artworks by Tiffany. The current exhibition at the Nassau County Museum of Art in Roslyn, Long Island, NY, displays a vast collection of Tiffany artwork. (More on that in a subsequent blog.) Perhaps that had some influence on the sale of lot #201, a small, original oil painting on panel by Louis Comfort Tiffany, of a Mediterranean seascape. Estimated to sell for $15,000 – $20,000, it realized $53,125.

For the complete results of the Tiffany sale, click on the following link. Sotheby’s Tiffany results.

Very rare R. Lalique red vase, Ronces

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

What recession? There’s no recession in the art and antiques market.

Posted on November 8, 2011 by Philip Chasen

Recently I’ve had more time to write about the interesting things happening in the antiques world. When there’s no one in my booth at a show, I keep busy by writing blog posts. So for the next few weeks, I will 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.

This Gustav Klimt painting sold at Sotheby's New York for $40,402,500 on November 2, 2011

If you just listen to the news, you would think that the sky has fallen. The housing market is bad in many parts of the country, with many homeowners underwater. Unemployment is currently 9%. The Occupy Wall Street movement has spread. The financial troubles in Greece, Italy and the rest of Europe make stock market investors shiver.

But I’m looking out of my window and see that not only has the sky not fallen, but the sun is shining. There appear to be some good anecdotal economic signals. Sales of luxury cars are improving. Reservations are difficult to get at top restaurants. The antiques business is solid, with new auction records being set for art and antiques. Sotheby’s New York Impressionist & Modern Art sale realized a strong $199,804,500 just a few days ago.

Marc Chagall painting La Mariée sold for $1,022,500 at Christie's New York on November 2, 2011

Here’s my take on what’s going on– no deep analysis, just my observations. There appears to be a dichotomy between the haves and the have-nots — between two dimensions that exist together, but do not interact. On the one side are all the people in the news who are in trouble. They’re worried about the next mortgage payment, not about purchasing antiques. On the other side is a quiet group, not in the news, of successful entrepreneurs, business people and professionals. They aren’t suffering, rather they’re prospering. They have disposable income and are the ones who are actively involved in supporting the art and antiques markets — and they’re not just Americans. Chinese buyers are paying extraordinary prices to repatriate their treasures and are dabbling in other areas. Russian buyers are still active, but less so than a few years ago. Brazilian buyers are starting to flex their economic muscles.

Tiffany Studios Wisteria lamp sold at Christie's New York for $578,500 on June 16, 2011

The Tiffany Studios glass and lamp market is solid. So is the French cameo glass market. That’s not to say that all areas are doing well. For instance, in markets that I have personal knowledge, art glass shades, Steuben glass, Rookwood pottery, Louis Icart etchings and some others are soft. In the early 1990s, the severe recession in the antiques market caused prices to drop precipitously. In some cases, prices dropped over 50% from their peaks (but recovered smartly in the second half of the decade). Nowadays, prices are increasing in many areas. Some collectors are investing, hoping that fine antiques will be a good addition to a diversified portfolio. I’m frequently asked about investing in antiques, but since I’m not good at predicting, I try to restrict my advice to factual information about quality, rarity and condition.

The Pier Antiques Show will be held on the weekend of November 19-20. Sometimes it helps me gauge the health of the market. December is also a big month for auctions. Every major (and minor) auction house holds a 20th Century sale. Those results should be telling. For me, the best predictor of the year to come are the results of the big Miami Beach Convention Center Antiques Show in early February. Buyers fly in from all over the world, so it’s possible to take the pulse of the international market. Here’s hoping good business will continue.

A fine Martin Bros. grotesque vase from 1903

In the meantime, check the listings on my website, which I will update as often as I can. I’ll be photographing all my new Gallé and Daum purchases and listing them on my website. Recently I listed quite a few Tiffany, Handel and Pairpoint lamps and a very rare Louis Icart etching, Mardi Gras. There are also several fine Daum vases; a Daum lamp; several Galle vases; and several more Tiffany Favrile vases. Coming soon will be several wonderful European ceramic items by Clement Massier, Zsolnay and Amphora. Here’s the link. chasenantiques.com

Philip Chasen Antiques

The blog for chasenantiques.com

Tag Archives: Sotheby’s

You could have bought the original piano from the 1942 classic film Casablanca

Good results at Sotheby’s Important Tiffany auction, December 15, 2012

Sotheby’s Masterworks by Tiffany Studios from the Geyer Family Collection auction was held on December 15, 2012

Have an Apple I computer? It could be worth over $350,000.

A few good results at Bonham’s New York 20th Century Decorative Arts sale, June 12, 2012

Tiffany Studios lamps and glass sell well at Sotheby’s New York Important 20th Century Design sale, June 13, 2012

Sotheby’s sells Edvard Munch’s The Scream for $119,922,500

Great results for Louis Icart and the rest of the Milhous Collection at RM Auctions, February 24-25, 2012

Superb results at Sotheby’s Important Tiffany sale, December 15, 2011

What recession? There’s no recession in the art and antiques market.