The top selling item at Michaan’s Fine Art, Furniture, Decorative Arts and Jewellery Auction was a tied wire sculpture by Ruth Asawa. Its estimated value was $80,000 to $90,000, but it sold for $102,660 (£62,600).
The auction was held on 6th December in Northern California, with many of the lots realising much higher selling prices than their estimated value. The wire wreath became the highest selling piece by Asawa to be sold at an auction in the US. Greg Favors, the Twentieth Century Design Specialist for Michaan’s, said:
“Ruth Asawa has not only become a San Francisco legend, but a 20th century design icon in her own right. It has been an honour to be involved in presenting this piece to the world marketplace.”
Another lot which sold for a higher price than its estimated value was a painting entitled ‘Norwegian Fisherman’ which sold for $55,460 (£34,000). Although the antique paintings and other items did well at the auction, modern art also piqued interest, according to Susan Paffrath, a fine art specialist.
Michaan’s has a reputation for having the lowest buyer’s premium in the Bay Area, although items may still be found cheaper at a reputable antiques dealer.
Collectors may decide to display jewellery and other items in an antique cabinet, so that the pieces are showcased to their advantage. For those in the UK who are looking for traditional furniture, they may find a selection of antique cabinets in Ribble Valley the surrounding region.
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