Stanley Gibbons acquire Mallett in £8.6m deal

72 Pages·2014·14.76 MB·English

antiques trade gazette
User: IVAN/TD Issue No: 2161 Issue Date: 11/10/14 File Name: NE01-03 PROOFED:
Koopman Rare Art
Issue 2161 | 11th October 2014 UK £2.25 – USA $6.50 – Europe €3.95
Paul Storr
Exhibiting at The International Fine Art
and Antiques Show, New York
17th-23rd October
Stanley Gibbons
acquire Mallett
in £8.6m deal
■ Mayfair dealers join Bralsford said: “Stanley Gibbons is
committed to delivering its established
Dreweatts & Bloomsbury, Apex strategy to become a leading online
and Baldwin’s in new group collectibles marketplace and a global
auction house for fine and decorative arts, Above: Bathing Machines, Aldeburgh by Eric Ravilious –£265,000 at JS Auctions.
Ivan Macquisten collectibles and other valuables.
reports “We are delighted that the board of Rediscovered Ravilious sets
Mallett has recommended the offer, a
logical and affordable next step for us
STANLEY Gibbons are to new record at £265,000
to acquire a valuable brand and relevant
acquire Mayfair dealers assets. The Mallett business will expand
Mallett in a deal said to be Stanley Gibbons’s expertise into an
adjacent collectibles area, drive significant WHEN Ann Ullmann, the daughter of Eric Ravilious (1903-42), visited
worth £8.6m.
cross-selling opportunities across the J.S. Auctions’ newly refurbished salerooms in Banbury in August, she declared
The deal, just announced, caps almost combined businesses and build a stronger herself delighted to see this previously unknown 16 x 20in (41 x 52cm) watercolour,
a year of the stamp and coin specialists auction platform in the collectibles above, by her father for the first time.
spreading their influence through the marketplace.” She described Bathing Machines, Aldeburgh, dated August 1938, as “an
wider art and antiques world following Mallett’s non-executive chairman absolute corker! Interesting subject matter, superlative technique, and as ever
their acquisition of Noble Investments last Lord Daresbury added: “The Mallett faultless design”.
November. Board believes that Mallett’s business Bidders agreed when the painting was offered for sale with an estimate of
They will now count Dreweatts, would benefit from becoming part of a £40,000-60,000 on September 27. With eight phone lines and various bidders in
Bloomsbury, Baldwin’s and Apex larger group with resources to support the room, it sold to a London buyer at £265,000 (plus 18% buyer’s premium).
alongside Mallett in their group, giving its development. In addition, the offer The proceeds represented a boon for the owner whose late wife – seemingly
them high-profile brands that range more provides Mallett Shareholders with the with no knowledge of the artist and believing it to be a print – had bought it
widely across the market as both dealers opportunity to realise their investment in
and auctioneers than almost anyone else. continued on page 2
Stanley Gibbons chairman Martin continued on page 3
Deliciouslyorkshire and Fodder
working together to encourage
TThhee more people to Eat Yorkshire!
HarrogateAntiqueFair
15th – 19th October 2014
Harrogate International Centre
Hall M – bottom of Parliament Street genuine
Open
Wednesday 2.00pm- 8.00pm associaitnion with antiques
Thursday 11.00am - 6.00pm
Friday 11.00am - 8.30pm from
Saturday 11.00am - 6.00pm
Sunday 11.00am - 5.00pm trusted
Raising money for
Admission: £7.50 including catalogue
Enquiries to 01823 323363 dealers
Supporting people with
www.harrogateantiquefair.com dementia and research
into Scleroderma
Antiques Trade Gazette: Harlequin Building, 65 Southwark Street, London SE1 0HR. PRINTED IN THE UNITED KINGDOM
PAGE 001-3 2161.indd 1 10/3/2014 4:13:29 PM
antiques trade gazette anti
User: IVAN/TD Issue No: 2161 Issue Date: 11/10/14 File Name: NE01-03 PROOFED: Use
2 11th October 2014
contents
news
eBay to split from PayPal
Dealers’ Diary
FRIEZE MASTERS
Preview of the fair everyone wants to be at Page 28-32
ONLINE auction site eBay plans to spin companies, allowing each to focus
off its PayPal business into a separate on its own strengths. Despite its
London Selection Page 10-13 publicly traded company next year. prodigious growth – PayPal facilitates
From 2015 there will be two one in every six dollars spent online
Auction Reports Page 20-22 independent companies: eBay, today, with total payments over the last
encompassing a portfolio of global 12 months up 26% to $203bn – PayPal
Auction Previews Page 24-25 trading platforms (such as eBay and faces competition from emerging
Gumtree), and PayPal, for facilitating providers, including Apple’s recent
Art Market Page 34-36 online payments. announcement of a payment system
Investor pressure is thought to be for the iPhone.
Antiquarian Books Page 38-40 behind the move. Having tried and failed to build its
Whether or not to separate has own payments system, eBay bought
sta
International Events Page 43-55 been a moot discussion for some time dominant rival PayPal for $1.5bn in
Page 28-32
among major eBay shareholders. 2002, introducing the payment option
Index of Auction Advertisers Page 57 The winners of the argument say to the UK eBay site in 2004. Some conti
that a split would end the conflicts analysts believe the business could now
Auction Calendar Page 57-63 Follow us on Twitter of interest that exist between the be worth more than $30bn. cash
Th
Fairs & Markets Page 65-68 Ravilious record of on
dealin
Classified Page 69 continued from front page strug
move
Subscription Form Page 64 @ATG_Editorial privately only a year ago from a deceased surro
estate. J.S. specialist Sarah Lewis told the fo
The Back Page Page 70-71
ATG it had arrived in the back of a van Ho
Find us on: together with a £15,000 Edward Bawden an inc
watercolour showing the back of Brick for 20
House, Great Bardfield, and a mass of repor
CONTACTS prints of no value. an inc

As indicated by labels to the reverse £100
Antiques Trade Gazette,
of the original sycamore frame, Bathing Fig
Harlequin Building, 65 Southwark Street, London SE1 0HR
Machines, Aldeburgh had been bought sales
020 3725 5500
from the artist’s exhibition at Henry Tooth Malle
& Sons in May 1939. £6.8m
MANAGING DIRECTOR Anne Somers INTERNATIONAL ADVERTISING Scholars were aware of the existence of show
Nadia Brice [phone]
Editor Ivan Macquisten a work with this title, although it has been over d
[email protected]
Deputy Editor Roland Arkell attributed to a different painting. Th
Philip Hebard [phone] VAN GOGH IN BLOOM James Russell, biographer and expert they
Commissioning Editor Anne Crane [email protected] Above: Still Life, Vase with Daisies, painted by on Ravilious who prepared the catalogue to clo
News Editor Tom Derbyshire Vincent van Gogh at the home of his physician footnote for J.S. Auctions, said the artist cost-c
Phoebe Armstrong [phone]
Dealers’ Diary Anna Brady [email protected] Paul Gachet just weeks before he died, carries painted three watercolours of the blue- “max
an estimate of $30m-50m at Sotheby’s New and-white-striped bathing machines he Ba
Editor at Large Mark Bridge
York on November 4. It will be on view in saw on Aldeburgh beach in the summer Stanle
Sales Director Simon Berti SUBSCRIPTIONS 020 3725 5501 London from October 12-18. of 1938. In this case the composition is Nove
Polly Stevens
Head of Sales Sharon Davies This study of wild flowers in a terracotta vase centred on the parking sign and its shadow, their
[email protected]
Office Manager Bea Barber was painted in June 1890 in Auvers-sur Oise, around which the other elements including part o
where Van Gogh settled following his release an attendant, a winch and amusement their
Print & Production Director Justin Massie-Taylor
ATG PRODUCTION 020 3725 5620 from the asylum at St-Rémy. Renting a room at machines, are carefully arranged. opera
Production Editor Muireann Grealy
EDITORIAL 020 3725 5520 the Ravoux Inn, he spent his days painting the The price is a new artist’s record. Bloom
Workflow Manager Clair Perera
[email protected] countryside. Ravilious’ similarly-sized Wiltshire HQ in

ONLINE SERVICES Still Life is one of the few works that Van Gogh Landscape from 1937 had sold for
ADVERTISING
‘sold’ during his lifetime, possibly as payment £200,000 at Christie’s on June 26.
a [email protected] www.antiquestradegazette.com for medical consultation with Dr Gachet. It was Roland Arkell Pr
Web Content Manager Alex Capon
AUCTION ADVERTISING 020 3725 5602 later acquired by Gaston Alexandre Camentron,
[email protected] On
Emma McCann a noted early collector of Impressionist pictures, CORRECTION
[email protected] of B
www.the-saleroom.com who sold it to the Paul Cassirer Gallery in 1911. Our report in ATG No 2159 on distance bulk
NON-AUCTION ADVERTISING Operations Manager Carl Nestor It remained with a series of private collectors selling regulations should have noted (€9
020 3725 5605 [email protected] in Germany until the mid 1920s, when it was that they are already in force and that

Daniel De’Ath www.i-bidder.com sent to London and then to the Knoedler Gallery it is the impact of the new Consumer GO
[email protected] Head of Operations George Wade New York where – as one of the first Van Goghs Rights Bill, passing through parliament 22 c
[email protected] in America – it was sold in 1928 for $12,000 and likely to take effect in 2015/16, that (£2
FAIRS & MARKETS 020 3725 5603
Tamsyn Mason to A. Conger Goodyear. On display at the businesses need to prepare for now. 18 c
[email protected] ONLINE SUPPORT LINES Albright-Knox Art Gallery in Buffalo from 1962, As noted, the full impact of the Bill 15 c

it was offered for sale by Christie’s New York in on businesses dealing with consumers 14 c
the-saleroom.com: [phone]
CLASSIFIED ADVERTISING 020 3725 5604 i-bidder.com: [phone] November 1990 at the family‘s request. will not be clear until its final wording 9 ca
Meegan Hill
[email protected] Then, in the final throes of the Impressionist has been passed, but it is anticipated HA
picture boom (earlier in the year Van Gogh’s that it will consolidate current consumer £21
Portrait of Dr Gachet sold at Christie’s for a law and increase consumer protection
Antiques Trade Gazette is published and originated by Metropress Ltd atgmedia SILV
trading as ATG Media Ltd and printed by Buxton Press Ltd SK17 6AE record $82.5m), it failed against a $12m-15m in the UK.
£8.
estimate. We apologise for any confusion.
PAGE 001-3 2161.indd 2 10/3/2014 2:50:02 PM
antiques trade gazette
User: IVAN/TD Issue No: 2161 Issue Date: 11/10/14 File Name: NE01-03 PROOFED:
Antiques Trade Gazette 3
al Christie’s add 2% sellers’ fee
Left: in 2012
Mallett moved from for lots hitting top estimate
moved from Bond
Street to Ely House,
the former palace of
the bishops of Ely at
t 37 Dover Street. CHRISTIE’S have introduced a new commission structure valued at over £3m, where competition for consignors
based on lot performance. When a lot meets or exceeds its is at its fiercest, fixed commissions are typically waived
high estimate, consignors are now subject to a 2% charge on completely, with the auctioneers often agreeing to sell for
the hammer price, additional to established fees. free in the knowledge that the buyer’s premium will be
The new reward-based system came into force on August sufficient reward.
24 and applies to sales held in all Christie’s ‘bricks and In short, it will be Christie’s ‘middle market’ customers
mortar’ salerooms (online-only sales are not impacted). who will be hit hardest by the new levy.
Typically, auction house sellers’ fees are more flexible “We looked at our structure and asked ‘what do we do
stanley gibbons buy mallett
than the fixed premiums charged to buyers (a sliding scale to make sure both auction house and consignor are given
of between 25 and 12% at Christie’s) and are agreed on a the incentive to achieve prices above estimate?” said Paddy
continued from front page case-by-case basis. Feeny, Christie’s head of communications.
w Christie’s current charges range from between 10% and “It’s not about rewarding failure [to estimate accurately].
cash for a fair price now.” 15% commission on lots worth under £60,000 and between Quite the opposite. The purpose is to incentivise and reward
The deal brings clarity to the future 8% and 2% for more valuable art and antiques. For lots high performance that exceeds consignors’ expectations.”
d
of one of the oldest and most esteemed
dealing firms in Mayfair, which has Wedgwood archive saved as
struggled in recent years, having Frieze Masters
moved from Bond Street to the grand
sed surroundings of Ely House in Dover Street, unveils talks
appeal hits £2.74m target
the former palace of the bishops of Ely.
However, in April Mallett announced agenda
den an increased turnover of 16% to £11.8m
for 2013 (up from £10.2m in 2012) and a
reported profit before tax of £500,000, IT has taken just over a month for the Art The final push was topped by major donations FRIEZE Masters (October’s
an increase from 2012’s pre-tax loss of Fund’s £2.74m appeal to save the Wedgwood of £250,000 from the Bet365 Foundation and 15-19) have unveiled this year’s
e £100,000. Collection to reach its target. It will now be £100,000 from Staffordshire County Council. Talks programme.
g Figures were mainly boosted by strong gifted to the V&A but will stay in situ at the The Wedgwood Collection contains over Participants will include
t sales in the first half of the year for Wedgwood Museum in Barlaston, near Stoke. 80,000 works of art, ceramics, manuscripts, South African artist William
oth Mallett US and resulted in a sales total of The news emerged early on Friday, October pattern books and photographs covering the Kentridge with Ernst Vegelin
£6.8m, the second highest from the US 3, as the Art Fund revealed that more than 250-year history of Wedgwood. van Claerbergen, head of the
ce of showroom since it opened in 2003 and 7500 donors had made up the shortfall on The collection will be located at the heart of Courtauld Gallery in London;
een over double that of 2012 (£3.1m). the £15.75m needed by the end of November the new visitor experience at the museum, as Phyllida Barlow with Luke
This led to Mallett announcing that to prevent what it dubbed “one of the most part of Waterford Wedgwood Royal Doulton’s Syson, Iris and B. Gerald
rt they had reversed an earlier decision important industrial archives in the world” from (WWRD) £34m redevelopment of the factory Cantor, chairman of European
ue to close their US operation as part of a being split up and sold off. site – set for completion in spring 2015. Sculpture and Decorative
st cost-cutting exercise and would keep it to They were able to raise the money so quickly The news brings to an end an uncertain Arts at The Metropolitan
- “maximise potential in the US market”. – the appeal was only launched on September period sparked by a High Court ruling in Museum of Art in New York;
e Baldwin’s are due to move into 1 – in part because of a deal struck that meant December 2011 that the Barlaston collection and Edmund de Waal with
er Stanley Gibbons’ Strand headquarters in every pound raised publicly was matched by a could be sold to help plug a £134m gap in Paulus Rainer, deputy head of
s November following the £4.5m disposal of private charitable foundation. the pension fund linked to the collapse of the Kunstkammer and Treasury at
dow, their nearby Adelphi Terrace premises as “Within two weeks we had raised Wedgwood manufacturing firm. Kunsthistorisches Museum in
ding part of the group’s strategy to rationalise £700,000, contributed by 4000 members of Stephen Deuchar, director of the Art Fund, Vienna.
t their property portfolio and integrate the public. A few days later, the campaign said: “This amazing show of public support for For the full Frieze Masters
operations. Meanwhile, Dreweatts and reached £1m from the public and £1m from the Wedgwood Collection has made this the preview, see Dealers’ Diary
Bloomsbury Auctions retain their London major donors and grant-making foundations, fastest fundraising campaign in the Art Fund’s starting on page 28.
HQ in Maddox Street. propelling the total to £2m,” said a spokesman. 111-year history.”
When in Rome…
Precious metals Northern Clocks
rkell
Left: previewed in the Coinex feature in ATG
On Friday, October 3, Michael Bloomstein
No 2157, this gold aureus, struck c.27-18BC www.northernclocks.co.uk
of Brighton were paying the following for
nce during the reign of Augustus Caesar, sold for
bulk scrap against a gold fix of $1207.50 A very fine small walnut
d £400,000 plus premium against an estimate
(€956.06, £751.03) bracket clock with its original
at of £300,000-350,000 at Dix Noonan Webb
bracket by William Payne,
er GOLD in London on September 22. London c.1850.
ent 22 carat – £664.35 per oz Only 22 examples of the heifer-reverse
Height: 14in (36cm),
that (£21.36 per gram) aureus minted during the reign of Augustus handle down
18 carat – £543.56 (£17.48) are known and this variant, with the laureate
ill 15 carat – £452.96 (£14.56) head facing right and the heifer looking
ers 14 carat – £422.77 (£13.59) to the left, is unique. Its condition was
ng 9 carat – £271.78 (£8.74) described as extremely fine with lustre.
2014 catalogue
d HALLMARK PLATINUM available by request
mer £21.23 per gram ■ The Coin Yearbook 2015, the Boothsbank Farm, Worsley,
on independent price guide and collector’s Manchester M28 1LL
SILVER T: 0161 790 8414
handbook, is now available at M: 07970 820 258
£8.68 per oz for 925 standard hallmarked E: [email protected]
www.tokenpublishing.com
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(cid:59)(cid:92)(cid:76)(cid:90)(cid:75)(cid:72)(cid:96)(cid:3)(cid:24)(cid:27)(cid:3)(cid:54)(cid:74)(cid:91)(cid:86)(cid:73)(cid:76)(cid:89)(cid:3)(cid:24)(cid:23)(cid:72)(cid:84)(cid:3)(cid:91)(cid:86)(cid:3)(cid:27)(cid:87)(cid:84)
(cid:44)(cid:75)(cid:80)(cid:85)(cid:73)(cid:92)(cid:89)(cid:78)(cid:79)
(cid:62)(cid:76)(cid:75)(cid:85)(cid:76)(cid:90)(cid:75)(cid:72)(cid:96)(cid:3)(cid:24)(cid:28)(cid:3)(cid:54)(cid:74)(cid:91)(cid:86)(cid:73)(cid:76)(cid:89)(cid:3)(cid:24)(cid:23)(cid:72)(cid:84)(cid:3)(cid:91)(cid:86)(cid:3)(cid:27)(cid:87)(cid:84)
(cid:59)(cid:79)(cid:92)(cid:89)(cid:90)(cid:75)(cid:72)(cid:96)(cid:3)(cid:24)(cid:29)(cid:3)(cid:54)(cid:74)(cid:91)(cid:86)(cid:73)(cid:76)(cid:89)(cid:3)(cid:32)(cid:72)(cid:84)(cid:3)(cid:91)(cid:86)(cid:3)(cid:24)(cid:24)(cid:72)(cid:84)(cid:3)
(cid:44)(cid:53)(cid:56)(cid:60)(cid:48)(cid:57)(cid:48)(cid:44)(cid:58)
(cid:18)(cid:27)(cid:27)(cid:3)(cid:15)(cid:23)(cid:16)(cid:3)(cid:24)(cid:26)(cid:24)(cid:3)(cid:25)(cid:27)(cid:23)(cid:3)(cid:23)(cid:32)(cid:24)(cid:23)(cid:3)
(cid:73)(cid:89)(cid:92)(cid:74)(cid:76)(cid:21)(cid:72)(cid:75)(cid:75)(cid:80)(cid:90)(cid:86)(cid:85)(cid:39)(cid:73)(cid:86)(cid:85)(cid:79)(cid:72)(cid:84)(cid:90)(cid:21)(cid:74)(cid:86)(cid:84)
(cid:69)(cid:82)(cid:81)(cid:75)(cid:68)(cid:80)(cid:86)(cid:17)(cid:70)(cid:82)(cid:80)(cid:18)(cid:72)(cid:71)(cid:76)(cid:81)(cid:69)(cid:88)(cid:85)(cid:74)(cid:75)
PAGE 005 2161 BLEED.indd 1 10/2/2014 6:24:48 PM
FINE EUROPEAN FURNITURE PREVIEW INQUIRIES
AND DECORATIVE ARTS October 24-27 [phone]
[email protected]
(cid:52)(cid:86)(cid:85)(cid:75)(cid:72)(cid:96)(cid:3)(cid:54)(cid:74)(cid:91)(cid:86)(cid:73)(cid:76)(cid:89)(cid:3)(cid:25)(cid:30)(cid:19)(cid:3)(cid:24)(cid:23)(cid:72)(cid:84)
(cid:58)(cid:72)(cid:85)(cid:3)(cid:45)(cid:89)(cid:72)(cid:85)(cid:74)(cid:80)(cid:90)(cid:74)(cid:86)
1 4
2 (cid:28)
3 6
1 A FINE LOUIS X GILT BRONZE MOUNTED 3 A SPANISH POLYCHROME 5 A FINE PAIR OF GEORGE III
FLORAL MARQUETRY BUREAU EN PENTE AND GILT DECORATED RELIEF MAHOGANY SIDE CHAIRS, IN THE
A. Mathieu Criaerd, second quarter 18th century CARVED WOOD PANEL OF THE MANNER OF WILLIAM LINNELL
$30,000 - 50,000 SIXTH STATION OF THE CROSS third quarter 18th century
17th century $12,000 - 18,000
2 A FINE LOUIS XVI GILT BRONZE MOUNTED $3,000 - 5,000
MAHOGANY BUREAU PLAT IN THE MANNER 6 A FINE LOUIS XV GILT BRONZE
OF DAVID ROENTGEN 4 A GEORGE I PARCEL MOUNTED MARQUETRY
fourth quarter 18th century GILT WALNUT SECRETARY TABLE A ECRIRE
$20,000 - 30,000 first quarter 18th century Jacques Birckle,
Being sold to benefit the Fine Arts Museums $8,000 - 12,000 third quarter 18th century
of San Francisco $15,000 - 25,000
bonhams.com/furniture
(cid:143)(cid:25)(cid:23)(cid:24)(cid:27)(cid:3)(cid:41)(cid:86)(cid:85)(cid:79)(cid:72)(cid:84)(cid:90)(cid:3)(cid:13)(cid:3)(cid:41)(cid:92)(cid:91)(cid:91)(cid:76)(cid:89)(cid:196)(cid:76)(cid:83)(cid:75)(cid:90)(cid:3)(cid:40)(cid:92)(cid:74)(cid:91)(cid:80)(cid:86)(cid:85)(cid:76)(cid:76)(cid:89)(cid:90)(cid:3)(cid:42)(cid:86)(cid:89)(cid:87)(cid:21)(cid:3)(cid:40)(cid:83)(cid:83)(cid:3)(cid:89)(cid:80)(cid:78)(cid:79)(cid:91)(cid:90)(cid:3)(cid:89)(cid:76)(cid:90)(cid:76)(cid:89)(cid:93)(cid:76)(cid:75)(cid:21)(cid:3)(cid:41)(cid:86)(cid:85)(cid:75)(cid:3)(cid:53)(cid:86)(cid:21)(cid:3)(cid:28)(cid:30)(cid:41)(cid:58)(cid:41)(cid:46)(cid:51)(cid:23)(cid:31)(cid:23)(cid:31)
PAGE 006 2161 BLEED.indd 2 10/3/2014 12:56:34 PM
(cid:59)(cid:47)(cid:44)(cid:7)(cid:42)(cid:54)(cid:53)(cid:53)(cid:54)(cid:48)(cid:58)(cid:58)(cid:44)(cid:60)(cid:57)(cid:428)(cid:58)(cid:7)(cid:44)(cid:64)(cid:44)(cid:7) (cid:55)(cid:57)(cid:44)(cid:61)(cid:48)(cid:44)(cid:62) (cid:48)(cid:53)(cid:56)(cid:60)(cid:48)(cid:57)(cid:48)(cid:44)(cid:58)(cid:7)
(cid:40)(cid:7)(cid:55)(cid:89)(cid:80)(cid:93)(cid:72)(cid:91)(cid:76)(cid:7)(cid:42)(cid:86)(cid:83)(cid:83)(cid:76)(cid:74)(cid:91)(cid:80)(cid:86)(cid:85)(cid:7)(cid:86)(cid:77)(cid:7)(cid:44)(cid:92)(cid:89)(cid:86)(cid:87)(cid:76)(cid:72)(cid:85)(cid:7) (cid:54)(cid:74)(cid:91)(cid:86)(cid:73)(cid:76)(cid:89)(cid:7)(cid:25)(cid:27)(cid:20)(cid:25)(cid:31) (cid:18)(cid:24)(cid:7)(cid:15)(cid:27)(cid:24)(cid:28)(cid:16)(cid:7)(cid:28)(cid:23)(cid:26)(cid:7)(cid:26)(cid:27)(cid:24)(cid:26)(cid:7)
(cid:81)(cid:76)(cid:77)(cid:77)(cid:89)(cid:76)(cid:96)(cid:21)(cid:90)(cid:84)(cid:80)(cid:91)(cid:79)(cid:39)(cid:73)(cid:86)(cid:85)(cid:79)(cid:72)(cid:84)(cid:90)(cid:21)(cid:74)(cid:86)(cid:84)
(cid:45)(cid:92)(cid:89)(cid:85)(cid:80)(cid:91)(cid:92)(cid:89)(cid:76)(cid:19)(cid:7)(cid:55)(cid:72)(cid:80)(cid:85)(cid:91)(cid:80)(cid:85)(cid:78)(cid:90)(cid:7)(cid:72)(cid:85)(cid:75)(cid:7)
(cid:43)(cid:76)(cid:74)(cid:86)(cid:89)(cid:72)(cid:91)(cid:80)(cid:93)(cid:76)(cid:7)(cid:40)(cid:89)(cid:91)(cid:90)
(cid:59)(cid:92)(cid:76)(cid:90)(cid:75)(cid:72)(cid:96)(cid:7)(cid:54)(cid:74)(cid:91)(cid:86)(cid:73)(cid:76)(cid:89)(cid:7)(cid:25)(cid:31)(cid:19)(cid:7)(cid:24)(cid:23)(cid:72)(cid:84)(cid:7)
(cid:58)(cid:72)(cid:85)(cid:7)(cid:45)(cid:89)(cid:72)(cid:85)(cid:74)(cid:80)(cid:90)(cid:74)(cid:86)
(cid:24) (cid:25) (cid:26)
(cid:27) (cid:28) (cid:29)
(cid:24)(cid:7)(cid:57)(cid:44)(cid:52)(cid:41)(cid:57)(cid:40)(cid:53)(cid:43)(cid:59)(cid:7)(cid:47)(cid:40)(cid:57)(cid:52)(cid:44)(cid:53)(cid:58)(cid:65)(cid:7)(cid:61)(cid:40)(cid:53)(cid:7)(cid:57)(cid:48)(cid:49)(cid:53) (cid:26)(cid:7)(cid:49)(cid:54)(cid:47)(cid:53)(cid:7)(cid:62)(cid:48)(cid:51)(cid:51)(cid:48)(cid:40)(cid:52)(cid:7)(cid:46)(cid:54)(cid:43)(cid:62)(cid:40)(cid:57)(cid:43)(cid:19)(cid:7)(cid:57)(cid:41)(cid:40)(cid:7) (cid:28)(cid:7)(cid:55)(cid:48)(cid:44)(cid:57)(cid:57)(cid:44)(cid:20)(cid:40)(cid:60)(cid:46)(cid:60)(cid:58)(cid:59)(cid:44)(cid:7)(cid:57)(cid:44)(cid:53)(cid:54)(cid:48)(cid:57)
(cid:59)(cid:79)(cid:76)(cid:7)(cid:46)(cid:89)(cid:76)(cid:72)(cid:91)(cid:7)(cid:49)(cid:76)(cid:94)(cid:80)(cid:90)(cid:79)(cid:7)(cid:41)(cid:89)(cid:80)(cid:75)(cid:76)(cid:7)(cid:15)(cid:41)(cid:21)(cid:19)(cid:7)(cid:47)(cid:86)(cid:83)(cid:83)(cid:21)(cid:7)(cid:26)(cid:27)(cid:23)(cid:34)(cid:7)(cid:47)(cid:21)(cid:7)(cid:24)(cid:25)(cid:30)(cid:16)(cid:19)(cid:7)(cid:24)(cid:29)(cid:26)(cid:28) (cid:15)(cid:41)(cid:57)(cid:48)(cid:59)(cid:48)(cid:58)(cid:47)(cid:19)(cid:7)(cid:24)(cid:31)(cid:29)(cid:24)(cid:20)(cid:24)(cid:32)(cid:25)(cid:25)(cid:16)(cid:7) (cid:51)(cid:76)(cid:7)(cid:42)(cid:79)(cid:72)(cid:87)(cid:76)(cid:72)(cid:92)(cid:7)(cid:142)(cid:87)(cid:80)(cid:85)(cid:78)(cid:83)(cid:174)(cid:19)(cid:7)(cid:25)(cid:76)(cid:7)(cid:87)(cid:83)(cid:72)(cid:85)(cid:74)(cid:79)(cid:76)(cid:7)(cid:15)(cid:43)(cid:21)(cid:34)(cid:7)(cid:58)(cid:21)(cid:7)(cid:26)(cid:23)(cid:16)(cid:19)(cid:7)(cid:24)(cid:31)(cid:32)(cid:31)(cid:7)
$20,000 - 30,000 (cid:40)(cid:85)(cid:7)(cid:40)(cid:89)(cid:74)(cid:72)(cid:75)(cid:80)(cid:72)(cid:85)(cid:7)(cid:73)(cid:76)(cid:72)(cid:92)(cid:91)(cid:96)(cid:7)(cid:7) $60,000 - 80,000
$80,000 - 120,000
(cid:25)(cid:7)(cid:44)(cid:43)(cid:46)(cid:40)(cid:57)(cid:7)(cid:43)(cid:44)(cid:46)(cid:40)(cid:58)(cid:7) (cid:29)(cid:7)(cid:52)(cid:40)(cid:57)(cid:42)(cid:7)(cid:42)(cid:47)(cid:40)(cid:46)(cid:40)(cid:51)(cid:51)
(cid:42)(cid:79)(cid:76)(cid:93)(cid:72)(cid:83)(cid:7)(cid:90)(cid:76)(cid:7)(cid:74)(cid:72)(cid:73)(cid:89)(cid:72)(cid:85)(cid:91)(cid:7)(cid:15)(cid:51)(cid:72)(cid:7)(cid:74)(cid:86)(cid:92)(cid:89)(cid:73)(cid:76)(cid:91)(cid:91)(cid:76)(cid:16)(cid:19)(cid:7)(cid:24)(cid:31)(cid:31)(cid:24)(cid:20)(cid:31)(cid:28)(cid:7) (cid:27)(cid:7)(cid:55)(cid:48)(cid:44)(cid:57)(cid:57)(cid:44)(cid:20)(cid:40)(cid:60)(cid:46)(cid:60)(cid:58)(cid:59)(cid:44)(cid:7)(cid:57)(cid:44)(cid:53)(cid:54)(cid:48)(cid:57)(cid:7) (cid:51)(cid:76)(cid:90)(cid:7)(cid:57)(cid:76)(cid:85)(cid:86)(cid:85)(cid:74)(cid:92)(cid:83)(cid:76)(cid:90)(cid:7)(cid:15)(cid:52)(cid:21)(cid:7)(cid:30)(cid:23)(cid:27)(cid:16)(cid:19)(cid:7)(cid:24)(cid:32)(cid:30)(cid:26)
$20,000 - 30,000 (cid:45)(cid:76)(cid:84)(cid:84)(cid:76)(cid:7)(cid:72)(cid:90)(cid:90)(cid:80)(cid:90)(cid:76)(cid:7)(cid:7) $20,000-30,000
$60,000 - 80,000
bonhams.com/furniture
(cid:111)(cid:25)(cid:23)(cid:24)(cid:27)(cid:7)(cid:41)(cid:86)(cid:85)(cid:79)(cid:72)(cid:84)(cid:90)(cid:7)(cid:13)(cid:7)(cid:41)(cid:92)(cid:91)(cid:91)(cid:76)(cid:89)(cid:459)(cid:76)(cid:83)(cid:75)(cid:90)(cid:7)(cid:40)(cid:92)(cid:74)(cid:91)(cid:80)(cid:86)(cid:85)(cid:76)(cid:76)(cid:89)(cid:90)(cid:7)(cid:42)(cid:86)(cid:89)(cid:87)(cid:21)(cid:7)(cid:40)(cid:83)(cid:83)(cid:7)(cid:89)(cid:80)(cid:78)(cid:79)(cid:91)(cid:90)(cid:7)(cid:89)(cid:76)(cid:90)(cid:76)(cid:89)(cid:93)(cid:76)(cid:75)(cid:21)(cid:7)(cid:41)(cid:86)(cid:85)(cid:75)(cid:7)(cid:53)(cid:86)(cid:21)(cid:7)(cid:28)(cid:30)(cid:41)(cid:58)(cid:41)(cid:46)(cid:51)(cid:23)(cid:31)(cid:23)(cid:31)
PAGE 007 2161 BLEED.indd 1 10/3/2014 12:56:11 PM
Stockholms
Auktionsverk
Modern Art & Design
Pablo Picasso Portrait d’homme, Dionís Renart, oil on canvas, 1899 Fernand Léger Composition au visage, watercolour and ink, 1947
Arne Norell, chair, Stockholm 1952 Sam Francis Untitled, mixed media, 1957 Alexander Calder Gamble, gouache,
1973
Viewing 14– 20 October
Auction 21– 22 October
Catalogue on www.auktionsverket.com
Enquiries: Marc Maurie, tel [phone], [email protected]
Representative in the UK: Gisela Liardet, tel [phone]
Stockholms Auktionsverk Nybrogatan 32 Stockholm Sweden
PAGE 008 2161 BLEED.indd 1 10/2/2014 6:31:43 PM
(cid:59)(cid:47)(cid:44)(cid:7)(cid:42)(cid:54)(cid:53)(cid:53)(cid:54)(cid:48)(cid:58)(cid:58)(cid:44)(cid:60)(cid:57)(cid:428)(cid:58)(cid:7)(cid:44)(cid:64)(cid:44)(cid:7) (cid:55)(cid:57)(cid:44)(cid:61)(cid:48)(cid:44)(cid:62) (cid:48)(cid:53)(cid:56)(cid:60)(cid:48)(cid:57)(cid:48)(cid:44)(cid:58)(cid:7)
(cid:40)(cid:7)(cid:55)(cid:89)(cid:80)(cid:93)(cid:72)(cid:91)(cid:76)(cid:7)(cid:42)(cid:86)(cid:83)(cid:83)(cid:76)(cid:74)(cid:91)(cid:80)(cid:86)(cid:85)(cid:7)(cid:86)(cid:77)(cid:7)(cid:44)(cid:92)(cid:89)(cid:86)(cid:87)(cid:76)(cid:72)(cid:85)(cid:7) (cid:54)(cid:74)(cid:91)(cid:86)(cid:73)(cid:76)(cid:89)(cid:7)(cid:25)(cid:27)(cid:20)(cid:25)(cid:31) (cid:18)(cid:24)(cid:7)(cid:15)(cid:27)(cid:24)(cid:28)(cid:16)(cid:7)(cid:28)(cid:23)(cid:26)(cid:7)(cid:26)(cid:27)(cid:24)(cid:26)(cid:7)
(cid:81)(cid:76)(cid:77)(cid:77)(cid:89)(cid:76)(cid:96)(cid:21)(cid:90)(cid:84)(cid:80)(cid:91)(cid:79)(cid:39)(cid:73)(cid:86)(cid:85)(cid:79)(cid:72)(cid:84)(cid:90)(cid:21)(cid:74)(cid:86)(cid:84)
(cid:45)(cid:92)(cid:89)(cid:85)(cid:80)(cid:91)(cid:92)(cid:89)(cid:76)(cid:19)(cid:7)(cid:55)(cid:72)(cid:80)(cid:85)(cid:91)(cid:80)(cid:85)(cid:78)(cid:90)(cid:7)(cid:72)(cid:85)(cid:75)(cid:7)
(cid:43)(cid:76)(cid:74)(cid:86)(cid:89)(cid:72)(cid:91)(cid:80)(cid:93)(cid:76)(cid:7)(cid:40)(cid:89)(cid:91)(cid:90)
(cid:59)(cid:92)(cid:76)(cid:90)(cid:75)(cid:72)(cid:96)(cid:7)(cid:54)(cid:74)(cid:91)(cid:86)(cid:73)(cid:76)(cid:89)(cid:7)(cid:25)(cid:31)(cid:19)(cid:7)(cid:24)(cid:23)(cid:72)(cid:84)(cid:7)
(cid:58)(cid:72)(cid:85)(cid:7)(cid:45)(cid:89)(cid:72)(cid:85)(cid:74)(cid:80)(cid:90)(cid:74)(cid:86)
(cid:24) (cid:25)
(cid:26)
(cid:27) (cid:28) (cid:29)
(cid:24)(cid:7)(cid:40)(cid:7)(cid:51)(cid:54)(cid:60)(cid:48)(cid:58)(cid:7)(cid:63)(cid:61)(cid:7)(cid:58)(cid:59)(cid:64)(cid:51)(cid:44)(cid:7)(cid:46)(cid:48)(cid:51)(cid:59)(cid:7)(cid:41)(cid:57)(cid:54)(cid:53)(cid:65)(cid:44)(cid:7)(cid:52)(cid:54)(cid:60)(cid:53)(cid:59)(cid:44)(cid:43)(cid:7) (cid:28)(cid:7)(cid:40)(cid:7)(cid:52)(cid:54)(cid:53)(cid:60)(cid:52)(cid:44)(cid:53)(cid:59)(cid:40)(cid:51)(cid:7)(cid:55)(cid:40)(cid:48)(cid:57)(cid:7)(cid:54)(cid:45)(cid:7)(cid:46)(cid:44)(cid:57)(cid:52)(cid:40)(cid:53)(cid:7)(cid:31)(cid:23)(cid:23)(cid:7)
(cid:44)(cid:41)(cid:54)(cid:53)(cid:48)(cid:65)(cid:44)(cid:43)(cid:7)(cid:40)(cid:53)(cid:43)(cid:7)(cid:41)(cid:54)(cid:60)(cid:51)(cid:51)(cid:44)(cid:7)(cid:52)(cid:40)(cid:57)(cid:56)(cid:60)(cid:44)(cid:59)(cid:57)(cid:64)(cid:7)(cid:41)(cid:60)(cid:57)(cid:44)(cid:40)(cid:60)(cid:7)(cid:55)(cid:51)(cid:40)(cid:59) (cid:58)(cid:59)(cid:40)(cid:53)(cid:43)(cid:40)(cid:57)(cid:43)(cid:7)(cid:58)(cid:48)(cid:51)(cid:61)(cid:44)(cid:57)(cid:7)(cid:57)(cid:54)(cid:42)(cid:54)(cid:42)(cid:54)(cid:7)(cid:58)(cid:59)(cid:64)(cid:51)(cid:44)(cid:7)(cid:45)(cid:48)(cid:46)(cid:60)(cid:57)(cid:40)(cid:51)(cid:7)
(cid:40)(cid:91)(cid:91)(cid:89)(cid:80)(cid:73)(cid:92)(cid:91)(cid:76)(cid:75)(cid:7)(cid:91)(cid:86)(cid:7)(cid:41)(cid:76)(cid:77)(cid:86)(cid:89)(cid:91)(cid:7)(cid:49)(cid:76)(cid:92)(cid:85)(cid:76)(cid:19)(cid:7)(cid:83)(cid:72)(cid:91)(cid:76)(cid:7)(cid:24)(cid:32)(cid:91)(cid:79)(cid:7)(cid:74)(cid:76)(cid:85)(cid:91)(cid:92)(cid:89)(cid:96)(cid:7) (cid:53)(cid:48)(cid:53)(cid:44)(cid:20)(cid:51)(cid:48)(cid:46)(cid:47)(cid:59)(cid:7)(cid:42)(cid:40)(cid:53)(cid:43)(cid:44)(cid:51)(cid:40)(cid:41)(cid:57)(cid:40)(cid:7)
$30,000 - 50,000 (cid:41)(cid:76)(cid:89)(cid:83)(cid:80)(cid:85)(cid:19)(cid:7)(cid:83)(cid:72)(cid:91)(cid:76)(cid:7)(cid:24)(cid:32)(cid:91)(cid:79)(cid:7)(cid:74)(cid:76)(cid:85)(cid:91)(cid:92)(cid:89)(cid:96)(cid:7)
$20,000 - 30,000
(cid:25)(cid:7)(cid:40)(cid:53)(cid:7)(cid:44)(cid:63)(cid:42)(cid:44)(cid:55)(cid:59)(cid:48)(cid:54)(cid:53)(cid:40)(cid:51)(cid:7)(cid:45)(cid:57)(cid:40)(cid:53)(cid:42)(cid:54)(cid:48)(cid:58)(cid:7)(cid:51)(cid:48)(cid:53)(cid:50)(cid:44)(cid:7)(cid:51)(cid:54)(cid:60)(cid:48)(cid:58)(cid:7)(cid:63)(cid:61)(cid:7)
(cid:58)(cid:59)(cid:64)(cid:51)(cid:44)(cid:7)(cid:46)(cid:48)(cid:51)(cid:59)(cid:7)(cid:41)(cid:57)(cid:54)(cid:53)(cid:65)(cid:44)(cid:7)(cid:52)(cid:54)(cid:60)(cid:53)(cid:59)(cid:44)(cid:43)(cid:7)(cid:52)(cid:40)(cid:57)(cid:56)(cid:60)(cid:44)(cid:59)(cid:57)(cid:64)(cid:7)(cid:44)(cid:57)(cid:40)(cid:57)(cid:43)(cid:7) (cid:29)(cid:7)(cid:40)(cid:53)(cid:7)(cid:48)(cid:59)(cid:40)(cid:51)(cid:48)(cid:40)(cid:53)(cid:7)(cid:52)(cid:40)(cid:57)(cid:41)(cid:51)(cid:44)(cid:7)(cid:45)(cid:48)(cid:46)(cid:60)(cid:57)(cid:44)(cid:7)(cid:54)(cid:53)(cid:7)(cid:55)(cid:44)(cid:43)(cid:44)(cid:58)(cid:59)(cid:40)(cid:51)(cid:33)(cid:7)
(cid:55)(cid:48)(cid:40)(cid:53)(cid:54) (cid:52)(cid:48)(cid:42)(cid:47)(cid:44)(cid:51)(cid:40)(cid:53)(cid:46)(cid:44)(cid:51)(cid:54)(cid:7)(cid:46)(cid:48)(cid:54)(cid:61)(cid:48)(cid:53)(cid:44)(cid:59)(cid:59)(cid:54)
(cid:74)(cid:21)(cid:7)(cid:24)(cid:32)(cid:23)(cid:30) (cid:44)(cid:84)(cid:80)(cid:83)(cid:80)(cid:86)(cid:7)(cid:65)(cid:86)(cid:74)(cid:74)(cid:79)(cid:80)(cid:19)(cid:7)(cid:83)(cid:72)(cid:91)(cid:76)(cid:7)(cid:24)(cid:32)(cid:91)(cid:79)(cid:7)(cid:74)(cid:76)(cid:85)(cid:91)(cid:92)(cid:89)(cid:96)
$150,000 - 250,000 $35,000 - 55,000
(cid:26)(cid:7)(cid:40)(cid:7)(cid:51)(cid:40)(cid:57)(cid:46)(cid:44)(cid:7)(cid:40)(cid:53)(cid:43)(cid:7)(cid:48)(cid:52)(cid:55)(cid:57)(cid:44)(cid:58)(cid:58)(cid:48)(cid:61)(cid:44)(cid:7)(cid:43)(cid:44)(cid:51)(cid:55)(cid:47)(cid:48)(cid:53)(cid:7)(cid:52)(cid:40)(cid:58)(cid:58)(cid:48)(cid:44)(cid:57)(cid:7) (cid:30)(cid:7)(cid:40)(cid:7)(cid:55)(cid:40)(cid:48)(cid:57)(cid:7)(cid:54)(cid:45)(cid:7)(cid:51)(cid:54)(cid:60)(cid:48)(cid:58)(cid:7)(cid:63)(cid:61)(cid:7)(cid:58)(cid:59)(cid:64)(cid:51)(cid:44)(cid:7)(cid:46)(cid:48)(cid:51)(cid:59)(cid:7)(cid:40)(cid:53)(cid:43)(cid:7)
(cid:61)(cid:48)(cid:51)(cid:51)(cid:40)(cid:60)(cid:57)(cid:48)(cid:58)(cid:7)(cid:45)(cid:40)(cid:148)(cid:44)(cid:53)(cid:42)(cid:44)(cid:7)(cid:41)(cid:60)(cid:59)(cid:59)(cid:44)(cid:57)(cid:45)(cid:51)(cid:64)(cid:7)(cid:49)(cid:40)(cid:57)(cid:43)(cid:48)(cid:53)(cid:48)(cid:141)(cid:57)(cid:44)(cid:7)(cid:54)(cid:53)(cid:7) (cid:55)(cid:40)(cid:59)(cid:48)(cid:53)(cid:40)(cid:59)(cid:44)(cid:43)(cid:7)(cid:41)(cid:57)(cid:54)(cid:53)(cid:65)(cid:44)(cid:7)(cid:59)(cid:54)(cid:57)(cid:42)(cid:47)(cid:44)(cid:57)(cid:44)(cid:58)
(cid:55)(cid:44)(cid:43)(cid:44)(cid:58)(cid:59)(cid:40)(cid:51) (cid:46)(cid:57)(cid:40)(cid:60)(cid:63)(cid:20)(cid:52)(cid:40)(cid:57)(cid:51)(cid:64)(cid:7)
(cid:51)(cid:72)(cid:91)(cid:76)(cid:7)(cid:24)(cid:32)(cid:91)(cid:79)(cid:7)(cid:74)(cid:76)(cid:85)(cid:91)(cid:92)(cid:89)(cid:96) (cid:45)(cid:86)(cid:92)(cid:89)(cid:91)(cid:79)(cid:7)(cid:88)(cid:92)(cid:72)(cid:89)(cid:91)(cid:76)(cid:89)(cid:7)(cid:24)(cid:32)(cid:91)(cid:79)(cid:7)(cid:74)(cid:76)(cid:85)(cid:91)(cid:92)(cid:89)(cid:96)
$5,000 - 7,000 $65,000 - 85,000

(cid:27)(cid:7)(cid:40)(cid:7)(cid:45)(cid:48)(cid:53)(cid:44)(cid:7)(cid:55)(cid:40)(cid:48)(cid:57)(cid:7)(cid:54)(cid:45)(cid:7)(cid:51)(cid:54)(cid:60)(cid:48)(cid:58)(cid:7)(cid:63)(cid:61)(cid:7)(cid:58)(cid:59)(cid:64)(cid:51)(cid:44)(cid:7)(cid:46)(cid:48)(cid:51)(cid:59)(cid:7)(cid:41)(cid:57)(cid:54)(cid:53)(cid:65)(cid:44)(cid:7)
(cid:52)(cid:54)(cid:60)(cid:53)(cid:59)(cid:44)(cid:43)(cid:7)(cid:55)(cid:40)(cid:48)(cid:53)(cid:59)(cid:7)(cid:43)(cid:44)(cid:42)(cid:54)(cid:57)(cid:40)(cid:59)(cid:44)(cid:43)(cid:7)(cid:61)(cid:48)(cid:59)(cid:57)(cid:48)(cid:53)(cid:44)(cid:7)(cid:42)(cid:40)(cid:41)(cid:48)(cid:53)(cid:44)(cid:59)(cid:58)
(cid:47)(cid:76)(cid:85)(cid:89)(cid:96)(cid:7)(cid:43)(cid:72)(cid:90)(cid:90)(cid:86)(cid:85)(cid:19)(cid:7)(cid:75)(cid:72)(cid:91)(cid:76)(cid:75)(cid:7)(cid:24)(cid:31)(cid:31)(cid:27)(cid:7)
$40,000 - 60,000
(cid:30)
bonhams.com/furniture
(cid:111)(cid:25)(cid:23)(cid:24)(cid:27)(cid:7)(cid:41)(cid:86)(cid:85)(cid:79)(cid:72)(cid:84)(cid:90)(cid:7)(cid:13)(cid:7)(cid:41)(cid:92)(cid:91)(cid:91)(cid:76)(cid:89)(cid:459)(cid:76)(cid:83)(cid:75)(cid:90)(cid:7)(cid:40)(cid:92)(cid:74)(cid:91)(cid:80)(cid:86)(cid:85)(cid:76)(cid:76)(cid:89)(cid:90)(cid:7)(cid:42)(cid:86)(cid:89)(cid:87)(cid:21)(cid:7)(cid:40)(cid:83)(cid:83)(cid:7)(cid:89)(cid:80)(cid:78)(cid:79)(cid:91)(cid:90)(cid:7)(cid:89)(cid:76)(cid:90)(cid:76)(cid:89)(cid:93)(cid:76)(cid:75)(cid:21)(cid:7)(cid:41)(cid:86)(cid:85)(cid:75)(cid:7)(cid:53)(cid:86)(cid:21)(cid:7)(cid:28)(cid:30)(cid:41)(cid:58)(cid:41)(cid:46)(cid:51)(cid:23)(cid:31)(cid:23)(cid:31)
PAGE 009 2161 BLEED.indd 1 10/3/2014 12:55:13 PM
antiques trade gazette anti
User: 0000 Issue No: 0000 Issue Date: 00/00/14 File Name: LS01- PROOFED: Use
10 11th October 2014
london selection
ri
House sales bring home
■ Traditional-style offering at BIG PRICE FOR ‘LITTLE’ GROOTH
Left: Old Masters featured heavily at Bonhams,
Bonhams sees busy saleroom
from the small to the large, the inexpensive to
and a white glove result
the more costly. At the high end was the sale’s
top earner; a 3ft 5in x 2ft 8in (1.04 x 82cm) oil
on canvas portrait of a lady by Georg Christoph
Gabriel Berner
Grooth (1716-49). Estimated at £8000-12,000,
reports it caught the eye of an online bidder who
secured it against strong competition for
£110,000. Paintings by Grooth seem not to be
regular saleroom visitors, although in 2011,
EVEN in this day and age Sotheby’s sold a portrait by the studio of Georg
Grooth of Empress Elizaveta Petrovna, the
of diminishing saleroom
artist’s greatest patron, for a premium-inclusive
audiences, the traditional £103,250. Known as ‘Little Grooth’ due to his
house contents sale still diminutive stature, the artist was a prominent
portraitist at the Imperial Russian Court from
attracts a crowd.
1741-49, painting more than 30 portraits of
This is largely because they are treated members of the Imperial family which are now in
as more than just a sale. Different in various State and private collections in Russia.
formula from the mixed-owner auctions,
big house sales in the capital are often
accompanied by thick glossy catalogues,
a sleek promotional video and, of course, Abov
the glitzy preview party – enough to inherited, the pieces the couple had ruban
send the marketing machines of the big amassed together, such as their collection Count
London auction houses into overdrive. of silver and pictures, had been bought
Cut to the heart of these sales abroad. There had been regular collecting
however and often you’ll find an trips to the US.
interesting back story, the owners who “They bought pieces they loved, or
assembled it are revealed alongside the amused them,” and not for investment
house that had contained the contents. purposes, said Charlie Thomas,
It is this provenance which is the key department head of house sales and
selling point and brings together all these private collections at Bonhams. The
elements to create the excitement and content of both the couple’s properties
appeal which compels many to attend in Italy largely catered to more old-
and some to step into an auction house and Countess Martignone’s two Italian the 13th century. fashioned tastes and traditional collecting
for the very first time. properties in a well-attended 515-lot sale A doctor, he served in the Red Cross areas, so Bonhams kept estimates across
On September 24, Bonhams on New Bond Street. during the Second World War whilst his the board sensibly low, with the majority
(25/20/12% buyer’s premium) hosted Count Ettore Martignone’s family wife, Mariella, was an influential Italian of items offered without a reserve.
such an event, offering the contents originated from the Lombardy region of businesswoman. Together they shared All this chimed well with bidders and
of the now deceased Italian Count Italy and were raised to nobility back in a passion for art and antiques which by the time the hammer had fallen on the
they amassed in great quantities, lavishly final lot well into the evening, the auction
decorating their two properties in Milan had nearly doubled the estimate to total
and Genoa. And it was at both that the £1.93m, with a 100% sell-through rate.
Left: a view of the couple entertained an array of leading As is often the case with house
C
sea from Count and figures from Italian society; politicians, sales, private buyers made up a strong
Countess Martignone’s Popes and even the last King of Italy, portion although a good mix of dealers
villa in Pieve Ligure, Umberto II. and interior designers were also buying.
the contents of which The first 300 lots of the Bonhams sale Interest was international and particularly
formed one half of came from the couple’s Milan apartment. high from Europe and the US. The sale
the 500-lot sale at It was the grander of the two properties, also benefited from plenty of crossover
Bonhams New Bond decorated with Old Master paintings, buying, said Mr Thomas – a factor often
Street, the other was Italian and French furniture and works associated with house sales because they
the contents of their of art ranging from the 17th to early offer such a diverse range of objects at a
Milanese apartment. 20th century. It also housed the couple’s variety of price points.
These carved, gilded extensive collection of animalier silver and The results left Mr Thomas and
and painted angels, 8ft drinking vessels. Bonhams in buoyant mood. “There’s
2in (2.49m) high and The remaining 200 or so lots came a magic about putting on these house
made in Northern Italy from the villa in Pieve Ligure, which sales,” said Mr Thomas, who also
or Southern Germany was decorated in a slightly different presided over the 2013 house contents
in the late 17th or style – more provincial in taste. Here, sale of Trelissick House in Cornwall,
early 18th century, the emphasis was on Northern Italian another white-glove event which lasted
were one of many lots pieces as well as more Old Masters, with two days and totalled £2.06m (see ATG
which comfortably sold the gardens home to several large and No 2103).
above estimate, taking striking pieces of sculpture. While paintings and silver formed the
£22,000 against a While it was unclear, even to the
£3000-5000 guide. auctioneers, which lots had been continued on page 12
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