02 Jul 2020
February 10, 2020 - Filed under: Antiques News — David

The late Mario Buatta’s collection of antique furniture, decorative objects and fine art was sold in February for $7.6 million (£5.8m), which is two and a half times its estimated value.

Mario Buatta was known as the ‘Prince of Interiors’ for his expertise in interior design. He had an apartment in New York and a house in Thompson in Connecticut which were filled with his collection of antiques and fine art. His estate has sold the collection for $7.6 million in an auction at Sothebys, New York. On top of the $7.6 million winning bid amounts, buyers paid commissions and other auction fees.

Sotheby’s Head of English & European Furniture Department, based in New York, Dennis Harrington said:

“These results prove that Mario Buatta’s love of antique furniture, rich colours and patterns, and beautiful objects is still relevant to 21st-century collectors and designers – a legacy of which he would be immensely proud.”

Amongst the items sold was a Chinese black and gold lacquer bureau cabinet circa 1730, which sold for $162,500 (£125,000). A Pair of Anglo-Indian tables fetched $27,500 (£21,000).

Even more modern pieces sold for high amounts. A slipper chair and armchair in floral chintz fabric sold for $11,250 (£8,700). These chairs were valuable because the chintz fabric was one of Mario Buatta’s trademark floral prints.

You don’t have to travel to New York to find beautiful antique cabinets or chairs, Lancashire antique dealers always have a good selection of antique furniture to choose from.

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