Diebenkorn Etching Among Record Breakers in Clars Auction
- OAKLAND, California
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- December 01, 2014
The exceptional results realized at Clars’ November 15, 16 and 17, 2014 Fine Art, Decoratives, Jewelry and Asian Art sale evidenced once again, the global market demand for investment level art and antiques. The three-day sale generated $2.5+ million making it Clars’ largest November sale in their history and fourth largest sale overall. Bidding was strong across categories with some exciting surprises and a new world record set.
Furniture & Decorative Arts –
The top lot of the sale that drew strong international attention and had multiple phone, floor and online bidders, was a Chinese gilt bronze triple fusee eight bell musical automaton bracket clock. The clock featured an enamel dial with Roman markers fronting the engraved quarter strike movement, and the automaton which played hourly and depicted the eight immortals rotating around the crown. The lower section showing foreign contributors to the court was further decorated with waterfalls, rivers, and moving ducks, all depicted in motion, with a rear glass window revealing the well detailed movement with fine engraved embellishments, and the whole rising on cabriole legs, 34.5"h. Prior to the sale, the clock was estimated to achieve $25,000 to $30,000 but aggressive bidding drove the final sale price to a very impressive $130,900. Regarding the final sale escalating to over 4 times its high estimate, Deric Torres, Vice President and Director of Furniture and Decorative Arts commented that, “the clock's advanced movement and scarcity definitely contributed to the aggressive global competition for this piece.”
Close to doubling its estimate was a monumental and important Hawaiian koa wood poi bowl (calabash), 18th century, which sold to an advanced local collector for $23,800. This bowl was the largest to surface at public auction on record, measuring 14.5"h x 17.5"w. And selling nicely for the high estimate to an East Coast collector was a pair of French Louis XV style marble and ormolu mounted urns, 19th century, attributed to Maison Millet, Paris.
Turning to furniture, the highlight was an important seven-piece Emile Galle bedroom suite executed in the Art Nouveau taste, late 19th / early 20th century. Complete Galle bedroom suites are very rare, and this suite sold well for $29,000. A pair of Italian Baroque inlaid commodes, late 17th century, also performed within estimate, selling for $10,700.
Modern furniture continued to bring strong prices, with the highlight being a Philip and Kelvin Laverne patinated bronze low table, having a rectangular scenic top depicting stylized Modernist figures. This form, which has only surfaced on three occasions at auction, realized $13,100. Furthering the Modern offerings was a selection of Warren Platner furniture, including a dining suite and a pair of '1725' easy chairs with ottoman. This group sold well for $16,400.
Fine Art –
The highlight of the fine art category and second highest lot of the sale was the European work “Portrait of the Young Woman.” This oil on board by Isaac Israels (Dutch, 1864-1934) soared past its estimate of $30,000 to $50,000 to achieve a monumental price of $95,200. With Israels leading the way, Dutch paintings fared well in general with “Church Interior (1673),” by Daniel de Blieck (1620-1673) fetching $22,610 and a delicate still life by Simon Pietersz Verelst (1644-1721) realizing a handsome sum of $13,100. As Rick Unruh, Vice President and Director of Fine Art at Clars remarked, “The extraordinary provenance of both the Israels and the de Blieck being associated with renowned art dealer, Jacques Goudstikker, made these two paintings very desirable to our global clients.”
Continuing the surge of European art sales, a large yet mesmerizing oil on canvas titled, "Twins” by Norwegian artist, Odd Nerdrum (b. 1944), achieved an impressive $71,400, the highest price paid at auction for this artist in the United States. Heading further into Northern Europe, Russian paintings sold solidly. The highlight of that category was a bold and vibrant painting by Nikolai Petrovich Bogdanov-Bel'sky (1868-1945) titled, “Path Through the Birches,” which fetched a surprising $20,230 due to numerous phone bidder participation from all over the world.
World records are indeed remarkable achievements. Clars was pleased to break yet another in the art world on Sunday, November 16th with a spectacular, color etching with aquatint and drypoint by Richard Diebenkorn (American, 1922-1993) titled, "Red-Yellow-Blue (1986),” achieving $47,600. Second to Diebenkorn’s result in the Post War, Modern and Contemporary prints category was "Pepto-Caviar Hollywood (1970),” a most unusual screenprint with Pepto-Bismol and caviar in colors by Ed Ruscha (American, b. 1937) which eased the stomachs of global bidders coming in at an impressive $16,660. Finally rounding out the impressive Post War American category was Louise Nevelson’s (American, 1899-1988), Untitled, 1957, painted wood sculpture, that achieved a solid $47,600.
Asian Art & Antiques –
The Asian Art and Antiques offerings generated over $500,000, fueled in great part by the demand for the Chinese huanghuali furniture. The highest selling piece was a huanghuali rounded corner cabinet which came to the sale with an estimate of $25,000 to $45,000 but sold impressively for $77,400. More than doubling their high estimate, a pair of Chinese huanghuali hardwood armchairs featuring an openwork lattice pattern, achieved $65,000. The additional huanghuali furniture offered from the collection of an American diplomat accounted for a total of $400,000. A jade handling piece carved with prunus also performed well selling for $10,300.
Jewelry & Timepieces –
The jewelry and timepieces category performed brilliantly in November. The top dazzler was a pair of diamond and platinum hoop earrings signed G. Arzilli, Italy which achieved $44,600. Patek Philippe commanded second place with an Art Deco enamel and diamond lapel watch, circa 1925, commanding $35,700. Selling for the same price was another Art Deco design, a stunning sapphire, diamond and platinum French bracelet, circa 1920. Coming in just below, was a jadeite, diamond and platinum ring that achieved $32,700.
Complete information on prices realized for the November 2014 sale is available at www.clars.com
Clars Auction Gallery’s next Fine Art, Decoratives, Jewelry and Asian Art Auction will be held December 13th, 14th , and 15th. The sales will begin promptly at 9:30am on Saturday and Sunday and at 1:30pm on Monday. Previews for this sale will be held Friday, December 12th from 1pm to 6pm, Saturday and Sunday beginning at 9am and by appointment. A complete catalog will be available online one and a half weeks prior to the sale.