The first 2014 semester ends with positive results, with a total of more than 9.500.000 Euros, confirming 2013 positive trend and highlighting a clear growth for the departments of Old Master Paintings, Jewels and Design while Oriental Art confirms its leadership thanks to its good sales results.
The first auction of the year – dedicated as usual to Antique Furnishings, the sector that largely resented the recent economic crisis – saw the prestigious sale of around 150 lots coming from Guido Bartolozzi Gallery in Florence, antique dealers since four generations. The good result of 73% of lots sold, realizing more than 600.000 euros, confirmed the collectors’ interest for particular and prestigious works of art. Among the top lots there is a prestigious lacquered Louis 15th chest of drawers ascribed to Mathieu Criaerd and sold for 57.000 euros, and a desk ascribable to Giovanni Socci's workshop (17.000 euros) , or an important London tapestry by Mortlake of 1735 with landscapes inspired to Françoise Bucher (25.000 euros).
Good results also for the majolica and porcelain section of the Fine Arts catalogue, with an important pair of Russian porcelain tazzas of the 19th century, sold for around 40.000 euros starting from 6.000-7.000 euros, and for the beautiful Castelli majolica plate realized by Francesco Grue (1618-1673), inventor of the first Baroque storiated objects and coming from one of the most important ceramists families of the 17th century.
The best results were reached with the Old Master Paintings auction in April with the sale of about 160 lots, which realized 1.100.000 euros.
Top lot of this semester was, in fact, the tempera on board by Paolo Schiavo or Battista di Gerio The Tree of Jesse, sold for almost 450.000 euros. The work, extremely contended, started to attract interest during the days before the auction, culminating in a long dispute in the room up until it was hammered down for 360.000 euros, with a final applause. The atmosphere warmed up again for the two oils on canvas Adorazione dei Pastori and Il riposo nella fuga in Egitto – ascribed to the famous Master of the Annunciation to the Shepherds recently identified with the Spanish painter Juan Do –, sold for 285.000 euros.
Always in April, we organized other three mono-thematic auctions: Sculpture and Art Objects, Ancient Frames and the auction of Giorgio Cavaciuti’s personal library.
The Sculpture and Art Objects auction had as highlights a chiselled and molten bronze of the 16th century representing a small elephant that, form an estimate of 3.500-4.000 euros, was sold for 17.000 euros. During the Ancient Frames auction, 53% of lots were sold, realizing the same results as last year (top lot was a Tuscan frame of the 17th century carved with cherubs' heads), while the auction of Giorgio Cavaciuti’s personal library closed with great success the week of auctions with 80% of lots sold, tripling their value. An auction started quietly but that in the days right before the exhibition saw an increase of the requests for phone lines on entire parts of the catalogue.
The positive trend for Jewels and Silvers continues (+22%); the first 2014 auction took place in May in Milan realizing almost 900.000 euros and an always higher presence of foreign buyers coming from all over Europe, but also from the USA, India and Hong Kong, confirming the interest for the most important lots in the catalogue: a Van Cleef & Arpels bracelet, courted before the auction, reached 95.000 euros; a 4,72 carats oval ruby was sold for 33.000 euros, doubling the estimate; among the watches, a Patek Philippe pocket watch from 5.500 euros was sold for 18.600 euros.
The Milan headquarters hosted also its first Modern and Contemporary auction, a growing sector, which totalled more than 510.000 euros; in particular, a work by Bonalumi which went over 100.000 euros.