Thursday, June 19, 2014

Christie's Results of An American Dynasty: The Clark Family Treasures Totals $8.5 Million US Dollars


RESULTS  .
AN AMERICAN DYNASTY: THE CLARK FAMILY TREASURES ACHIEVES $8.5 MILLION

BRINGING THE GRAND TOTAL ACHIEVED FOR THE ESTATE OF HUGUETTE M. CLARK AT CHRISTIE’S TO $70.2 MILLION
WORLD AUCTION RECORDS SET FOR WALT WHITMAN, LIONEL WALDEN, & FELIX LORIOUX

An American Dynasty: The Clark Family Treasures
Total: $8,463,938/£4,993,723/€6,263,314
Top Lot: Lot 100 | John Singer Sargent, Girl Fishing, oil on canvas | Price realized $4,309,000

Andrew McVinish, Christie’s Head of Private and Iconic Collections, comments, “It has been a tremendous honor for Christie’s to present this esteemed collection to the global collecting community and we are pleased to have seen participation from bidders from 27 different countries.  The success of An American Dynasty: The Clark Family Treasures cements the lasting legacy of Senator William Andrews Clark and his family as discerning collectors with an impeccable eye who were also tremendously important to the Industrial growth of our nation.  We saw strong prices across all collecting fields in the sale – from rare books and American paintings, to fine jade items and decorative furnishings – which led to a sell-through rate of 96% by lot and new world auction records for author Walt Whitman, artist Lionel Walden, and illustrator Felix Lorioux. Pieces with strong personal ties to the Clark family also performed beyond expectation.  The seventeen paintings by Huguette Clark herself achieved a combined total of $142,625 and were 100% sold, marking the first time her works have ever been sold at auction. 

One of Huguette Clark's paintings which I really just loved and sold for $8,750.00 US Dollars 

We are grateful to the administrators of her Estate for entrusting Christie’s with the opportunity to bring the Clark collection to the public eye.  This sale, combined with the May 2014 sale of Impressionist paintings and the April 2012 sale of Jewelry, brings the grand total sold by Christie’s on behalf of the Estate of Huguette M. Clark to $70.2 million.”


Christie’s was entrusted with the sale property from the Estate of Huguette M. Clark by the Honorable Ethel J. Griffin, New York County’s Public Administrator, who oversees the estate. Commissioner Griffin comments, "We are very pleased with the results Christie’s achieved today and earlier this spring for property from the Estate of Huguette M. Clark, which together have yielded a combined total of $49.4 million in sales. The proceeds from tonight's sale will benefit the Estate and its goal of establishing a charitable foundation devoted to arts and culture. Throughout the process, Christie's has helped pay tribute to the collecting legacy of Senator W.A. Clark and his family and reminded us all of this family’s important place in American culture and history.”

CHRISTIE’S SALES FROM THE ESTATE OF HUGUETTE M. CLARK
·   17 April 2012 – Property included in the Jewels sale achieved $20,849,250
·   6 May 2014 – Property included in the Impressionist & Modern Evening Sale achieved $40,927,000 (with Monet’s NymphĂ©as realizing $27,045,000)
·   18 June 2014 – An American Dynasty: The Clark Family Treasures achieved $8,463,938

My fabulous up close photo of the John Singer Sargent painting which sold for a record $4,309,000.00 US Dollars 

I was thrilled to attend the viewing of the auctions for her jewels in 2012, and the Clark Family Estate this past weekend. I have been a long time fan of Christie's and am now thrilled to announce I am now press for the famous auction house. I will be having a more in-depth look at some of the fabulous items that were for sale with the Clark Family Estate, I always love to show you real photos of items as I think it just makes it much more cool ! The auction which took place yesterday, June 18th, took 7 hours! Please be sure to follow the blog for a more detailed post shortly. I was never a history buff in high school, but places like Christie's makes you want to learn more about the past. I find it much more interesting when I can actually look at items with my own eyes, and take in all it's glory. 

One more item has yet to be sold: 

On Friday June 6, Christie’s is pleased to announce bidding is now open for the Kreutzer Stradivarius violin from the Estate of Huguette M. Clark, the American copper mining heiress. This magnificent instrument, estimated at US $7.5 – 10 million, is being offered via a sealed bid auction timed to run in parallel to Christie’s saleroom auction of An American Dynasty: The Clark Family Treasures. For more information on the sealed bidding process for the Stradavari violin, visit www.christies.com/kreutzer.
The violin is among the star lots of the Clark family collection, which includes many items that were rediscovered in Ms. Clark’s vast Fifth Avenue apartment after her death at age 104 in 2011. Earlier this spring, Christie’s sold paintings by Claude Monet and Pierre-Auguste Renoir from the family’s collection, fetching a combined total of $40.9 million. This month, Christie’s will offer the Stradavari violin via sealed bid from June 6 through June 12, and host a day-long auction of the family collection on June 18 at Rockefeller Center. Offerings include over 400 individual items of fine American and 19th Century art, rare and first-edition books, Gilded Age furnishings, decorative arts and musical instruments collected by two generations of the Clark family, who were among the wealthiest of the nation’s families at the dawn of the Industrial Age. See the complete contents of the June 18 auction here.
Today's Words of Wisdom: Money cannot buy happiness 





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