8/10/2009

Yves St Laurent at Christie's, Part II

Reuters is reporting there will be a second Christie's sale of items from the estate of fashion designer Yves St Laurent in the fall in Paris. The sale is scheduled for November 17-19 and will include nearly 1,200 items from a Normandy Chateau as well as items from the Parisian residences. The first sale was fantastically successful, selling over $500 million worth of property during a period of economic uncertainty. The second sale is considered much more modest, with expectations and estimates in the $5.7 million area. A Christie's rep states a sale of "more understated charm." Very nice code words for lower values and quality when compared to the original sale.

Reuters reports A second auction of art works once belonging to Yves Saint Laurent will be held in November after the main part of the late designer's huge collection was sold earlier this year, auctioneers Christie's said on Monday.

As well as modern art and Old Master pictures and drawings by artists including Picasso, Fernand Leger and Miro, the sale in Paris will include furniture and various Art Deco objects that decorated the sumptuous rooms of Saint Laurent's chateau.

To read the full Reuters article, click HERE.


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