RAGO’S DECEMBER 2011 ESTATES, JEWELRY, SILVER AND COIN AUCTIONS BRING THE YEAR TO A CLOSE IN SPECTACULAR STYLE: $3.2 MILLION IN SALES

Dec 12 2011

Philadelphia dueling pistols sell for $45,880. A 5.55 cts. diamond ring with Cartier jacket sells for $55,800. Russian enameled gilt silver punch set sells for $52,700

Lambertville, NJ: Rago Arts and Auction Center ended the year in spectacular style with a three day sale that totaled $3,234,422 (reflects buyer’s premium of 24%).

• Great Estates Weekend: $3,234,422
• Percent sold: 93%
• Friday – Silver, Coins and Currency: $696,663
• Saturday – Great Estates: $649,425
• Sunday – Jewelry and Couture: $1,888,334
• Bidders in-house: 203
• Bidders on phone: 254
• Bidders online: 1558
• # of lots: 1408

“Rago’s jewelry sales now surpass all but a few U.S. houses. Our estates, silver and currency auctions are quickly following jewelry’s example, said Miriam Tucker, the partner in charge of the Fine Art and Estates department at Rago’s. “I think it’s due to a number of factors. We price well. We market extensively. And we sell fresh property from private homes and collections. This is particularly unusual for a jewelry auction. In Estates, the dueling pistols, as an example, came to us on our Monday walk-in appraisal day. So did many of the coins. Some property disappointed, of course. I overestimated the market for folk art personally. But you can’t argue with the sell-through rate, and we are hearing from many happy consignors. We’re delighted.”

Friday, December 2, 2011: Silver, Coins, Currency

• Hammer: $561,825
• Hammer + b.p. $696,663
• Percent sold: 97%
• Internet bidders: North America: 84%; Europe: 10%; Asia: 2%; Russia: 2%; Middle East: 1%; Australia: 1%
• Record prices set (7):
3, Tiffany & Co. silver water pitcher, 1857. Designed by John & Edward Moore, sold for $8,060.
7, Tiffany & Co. Mackay silver gilt and enamel coffee cups, sold for $18,600.
51, six Russian silver soup or fish spoons, sold for $7,440.
14, Luen-Wo Chinese export pierced silver bowl, Shanghai, China, ca. 1900, sold for $5,580.
31, Gorham silver bottle stopper by Erik Magnussen, 1925-1927, sold for $5,270.
74A, Frederick W. Walther Orientalist enameled silver cigarette case, Germany, ca. 1925, sold for $4,650.
4, Edo Japanese mixed metal flatware, Elkington, 1863, sold for $4,650.

• Top Lot: 43 – Russian Enameled Gild Silver Punch Set, Moscow, 1892, estimated at $25,000-35,000, sold for $52,700

1. 43 Russian Enameled Gilt Silver Punch Set $ 52,700
2. 7 Tiffany & Co. Mackay Silver Gilt and Enamel Coffee Cups $ 18,600
3. 13 Tiffany & Co. Exceptional After-Dinner Coffee Service $ 12,400
4. 3 Tiffany & Co. Silver Water Pitcher $ 8,060
5. 30 Georg Jensen “Acorn” Silver Flatware Service $ 7,440
6. 51 Six Russian Silver Soup or Fish Spoons $ 7,440
7. 14 Luen-Wo Chinese Export Pierced Silver Bowl $ 5,580
8. 31 Gorham Silver Bottle Stopper by Erik Magnussen $ 5,270
9. 4 Edo Japanese Mixed Metal Flatware $ 4,650
10. 74a Walther Orientalist Enameled Silver Cigarette Case $ 4,650*
11. 217 1879 $3.00 Gold Coin $ 8,060
12. 379 1936 American Proof Set $ 5,580
13. 323 Chinese Platinum Panda Coin $ 5,270
14. 205 1854 $1 Type Two $ 3,100
15. 218 1915 $5.00 Gold Coin $ 3,100
* Frederick W. Walther items will be featured in Rago’s Spring 2012 Estates sale, which will take place on Saturday, April 21.

Saturday, December 3, 2011: Great Estates

• Hammer: $523,730
• Hammer + b.p. $649,425
• Percent sold: 87%
• Internet bidders: North America: 86%; Europe: 8%; Asia: 3%; Russia: 1%; Australia: 1%; South America: .5%; Middle East: .5%
• Top Lot: 605 – Philadelphia Dueling Pistols, conservatively estimated at $4,000-6,000, it sold for $45,880

1. 605 Pair of Philadelphia Dueling Pistols $ 45,880
2. 688 Antonio Paoletti de Giovanni “The Fish Sellers, Venezia” $ 22,320
3. 675 Addison T. Millar Middle Eastern market scene $ 9,920
4. 807 Japanese Satsuma Type Palace Vase $ 7,440
5. 869 German Iron Valuables Trunk $ 9,300
6. 781 Daum Two-handled cameo glass vessel $ 5,890
7. 761 Swiss Cylinder Music Box $ 7,440
8. 787 Chinese Ivory Figures $ 4,650
9. 819 Unusual Chinese Figure of a Kowtowing Official $ 6,200
10. 714 French Marble Top Cabinet $ 5,890
Sunday, December 4, 2011 Jewelry and Couture

• Hammer: : $1,522,850
• Hammer + b.p. $1,888,334
• Percent sold: 98%
• Percent sold at/above high estimate: 36%
• Internet bidders: North America: 86%; Europe: 7%; Asia: 4%; Australia: 1.5%; Middle East: 1%; South America: .5%
• Record prices set (15):
2107, Tiffany & Co. massive jeweled Egyptian revival pendant, ca. 1890, sold for $34,720.
2100, Frank Gardner Hale jeweled and enameled gold Arts & Crafts suite, ca. 1920, sold for $28,520.
2057, Belle Epoque platinum and sapphire bracelet, 1918, sold for $2,480.
2335, Angela Cummings for Tiffany & Co. inlaid gold bracelet, ca. 1980, sold for $14,880.
2098, Marcus & Co. Art Nouveau enameled gold ring, 1904, sold for $13,640.
2008, rare pair of Holbeinesque enameled gold earrings, ca. 1870, sold for $11,160.
2111, Tiffany & co. enameled gold and diamond trout cufflinks, ca. 1970, sold for $4,650.
2114, Tiffany & Co. platinum black opal cufflinks, 1910-1920, sold for $8,680.
2086, American enameled gold and diamond pansy brooches, most ca. 1910, sold for $6,200.
2065, Edwardian diamond and pink pearl brooch, sold for $5,580.
2028, Indian School portrait miniature gold bracelet, ca. 1890, sold for $4,960.
2066, black opal, diamond and demantoid garnet ring, ca. 1910, sold for $3,596.
2427, brown calf leather “Kelly” bag, Hermes, Paris, ca. 1978, sold for $3,596.
2102, Jugendstil Pendant by Heinrich Levinger, Pforzheim, ca. 1902, sold for $2,604.
2131, Tiffany & Co. enameled gold and diamond pendant watch and chain, sold for $2,604.
• Top Lot: 2419, Emerald Cut 5.55 cts. diamond ring and Cartier jacket. Color K, VS2, flanked by 12mm baguette cut diamonds and tapered diamond shoulders in platinum setting. Marked MP 128. Cartier, NY, textured 18k yg. hinged ring jacket. Size 5 1/2, estimate: $35,000-45,000, sold for $55,800.

1. 2419 Emerald Cut 5.55 Cts. Diamond Ring and Cartier Jacket $ 55,800
2. 2382A Fine Solitaire Diamond Ring $ 35,960
3. 2107 Tiffany & Co. Jeweled Egyptian Revival Pendant $ 34,720
4. 2417 Diamond and Platinum Ruby Fringe Necklace $ 34,720
5. 2396 Art Deco Diamond and Emerald Platinum Strap Bracelet $ 33,480
6. 2100 Frank Gardner Hale Enameled Gold Arts and Crafts Suite $ 28,520
7. 2403 Cartier Ruby and Platinum Line Bracelet, France $ 24,800
8. 2059 Tiffany & Co. Aquamarine and Diamond Brooch $ 17,360
9. 2016 Micromosaic Turkish Battle Scene $ 16,120
10. 2008 Rare Pair of Holbeinesque Enameled Gold Earrings $ 11,160
11. 2000 Gold and Pink Foil-Backed Topaz Suite $ 10 540
12. 2120A Patek Philippe Pink Gold Wristwatch $ 10,540
13. 2086 American Enameled Gold and Diamond Pansy Brooches $ 6,200
14. 2335 Angela Cummings for Tiffany & Co. Inlaid Gold Bracelet $ 14,880
15. 2427 Brown Calf Leather “Kelly” Bag, Hermes, Paris $ 3,596
Consignments are now being accepted for Rago’s April sales of jewelry, estate property and coins; December 2012 jewelry; Spring sales of 20th/21st C. design and fine art: 609.397.9374 or info@ragoarts.com.

TO THE EDITOR
High resolution images/more information available on request.

About Rago Arts and Auction Center
Since 1994, Rago’s has served thousands of sellers and buyers with a singular blend of global reach and personal service. One of the top auction houses in the field of in 20th century design since its inception, today Rago’s expertise covers centuries of fine art, decorative arts, furnishings, jewelry and ethnographic property. It is a world-class venue through which to buy and sell. It is also a destination for those who seek to learn and share knowledge about art, antiques and collecting, offering free valuations for personal property (from a single piece to collections and estates), appraisals and auction exhibitions in house and online. Rago’s, the largest and leading auction house in New Jersey, is located midway between Philadelphia and New York.

END OF PRESS RELEASE

Submitted by Rago Arts and Auction Center

Email: raac@ragoarts.com

VN:F [1.9.15_1155]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.15_1155]
Rating: 0 (from 0 votes)

No responses yet

You must be logged in to post a review.