Setting New Auction Record for Piero Fornasetti
New York, 6 June 2018
Sale Total: $4,472,063 / £3,332,581/ €3,800,806
|
Lots Sold: 144 | Lots Offered: 163 |
Sold by Lot: 88% | Sold by Value: 91% |
Cordelia Lembo, Head of Department, New York, Vice President, said, “The momentum gained this spring has carried through Phillips’ June sale and we are pleased to see such continued strength in the market. French, Italian, and American Design performed extremely well across the board, and as we continue to achieve strong prices for French 20th Century Design, we were pleased to set a new record for a ‘Flaque’ table by Jean Royère. The two unique chairs by Wendell Castle exceeded expectations, with the ‘Student’ chair selling for over ten times its estimate and the ‘Pedestal’ chair more-than-doubling its estimate. Works from the Westminster Collection also realized strong prices, as the demand for high-quality ceramics maintains its strength, and we were delighted to bring several of these artists to auction for the first time.”
Alexander Payne, Worldwide Head of Design, added, “We were also honored to have been entrusted with the works from Trudie Styler and Sting’s personal collection. This selection of design pieces reflects their discerning eye and collectors responded enthusiastically, culminating in a new record for Piero Fornasetti, which showcases Phillips’ continued strength for Italian 20th Century Design in the marketplace.”
TOP TEN LOTS
|
Lot |
Description |
Estimate |
Price Achieved |
|
14 |
Jean Royère, "Flaque" low table, 1955 World auction record for a “Flaque” table by the artist |
$180,000 - $250,000 |
$591,000 £440,413/€502,291 |
|
38 |
Piero Fornasetti, "La Stanza Metafisica" (Metaphysical Room), 1958 World auction record for the designer |
$200,000 - $300,000 |
$507,000 £377,816/€430,899 |
|
101 |
Wendell Castle, Unique “Student” chair, 1961 |
$25,000 - $35,000 |
$262,500 £195,615/€223,099 |
|
113 |
Zaha Hadid, Bench, 2006 |
$100,000 - $150,000 |
$125,000 £93,150/€106,238 |
|
17 |
Paul Dupré-Lafon, Pair of armchairs, 1929 |
$60,000 - $80,000 |
$106,250 £79,178/€90,302 |
|
100 |
Wendell Castle, Unique "Pedestal" chair, 1967 |
$40,000 - $60,000 |
$106,250 £79,178/€90,302 |
|
64 |
Lucie Rie, Conical bowl, 1970s |
$30,000 - $40,000 |
$100,000 £74,520/€84,990 |
|
49 |
Serge Mouille, "Grand Totem" floor lamp, 1962 |
$70,000 - $90,000 |
$100,000 £74,520/€84,990 |
|
47 |
Yamaha, DC7 E3-Pro Disklavier Grand Piano and bench, 2011 |
$60,000 - $80,000 |
$72,500 £54,027/€61,618 |
|
63 |
Lucie Rie, Bottle with cylindrical body and flaring lip, circa 1968 |
$20,000 - $30,000 |
$67,500 £50,301/€57,368 |
NEW AUCTION RECORDS
|
Lot |
Description |
Estimate |
Price Achieved |
|
9 |
Luigi Caccia Dominioni and Ignazio Gardella, Set of three "Imbuto" floor lamps, circa 1954 |
$5,000 - $7,000 |
$13,750 £10,247/€11,686 |
|
|
*previous record price: €9,660/$10,273 set in 2007 |
||
|
34 |
Kerstin Hörlin-Holmquist, "Garden of Eden" daybed, from the "Paradise" series, circa 1961 |
$10,000 - $15,000 |
$23,750 £17,699/€20,185 |
|
|
*previous record price: $22,500 set in 2013 |
||
|
38 |
Piero Fornasetti, "La Stanza Metafisica" (Metaphysical Room), 1958 |
$200,000 - $300,000 |
$507,000 £377,816/€430,899 |
|
|
*previous record price: $301,000 set in 2007 |
||
|
40 |
Denise Gatard, Table lamp, 1950s |
$4,000 - $6,000 |
$50,000 £37,260/€42,495 |
|
|
*previous record price: €11,731/$16,129 set in 2013 |
||
|
71 |
Judy Trim, Two tall vases, 1980s |
$800 - $1,200 |
$3,000 £2,236/€2,550 |
|
|
*previous record price: £400/$663 set in 2009 |
||
|
164 |
Barovier & Toso (Co.), Set of seven "Fuochi d’Artificio" wall lights, circa 1958 |
$8,000 - $12,000 |
$37,500 £27,945/€31,871 |
|
|
*previous record price: £25,000/$36,544 set in 2009 |
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*Estimates do not include buyer’s premium. Prices Achieved include the buyer's premium and are reported net of applicable fees.
Phillips is not responsible for typographical errors or omissions.
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