In any event the Americana Sale at Christies was in fact held on September 30th. There were 114 lots offered with 86 lots selling for a 75% sell through rate. The sale totaled $801,875.00 including buyers premiums. The top lot being a Federal Inlaid Mahogany Dwarf-Case clock with a dial signed by Joshua Wilder, circa 1825. The clock was estimated at $40,000 to $80,000 and hammered down at $80,500 including buyers premium. The other two were Audubon's by Havell so perhaps fine period American furniture was not very strong within the sale.
Christies reports that only 50% was sold by dollar value, which I know is a very complicated formula to follow as I have asked in the past. Interestingly enough, the top three lots were sold to the trade. In any event, the Americana sale was a minor blip on the auction calendar, with some mild successes yet nothing to get excited about.
Margot Rosenberg, Head of Department at Christie's stated:
“We are pleased to report that three-quarters of the items offered at
today’s mid-season sale found buyers, with heavy competition among bidders for several rare and important items. Top prices were achieved for exceptional furniture, folk art and prints, including the Federal Dwarf-Case Clock signed by Joshua Wilder, an 18th century chippendale card table from Boston, a complete set of eight Nantucket Lightship Baskets, and an excellent selection of prints from John James Audubon’s Birds of America. We were delighted to welcome a number of new collectors into the field with this sale, and look forward to our flagship Americana sales in January.
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