As the dust settles from the excitement of last weeks sale, we are starting to get a feel for the 2011 design market's climate.
Christie's is quick to point out that the chaise longue 'on skis' created in l929 by Emile-Jacques Ruhlmann set a world record for the designer, selling at £2,406,600.
Following the design auction at Sotheby's on March 10th, Christie's hosted their first annual Decorative Art & Design auction on March 11th in New York.
Palais de Tokyo
It is not often that a collection the breadth and scale of Les Collections du Château de Gourdon comes to auction in its entirety. Spread over three days the auction presents buyers with hundreds of lots with a total estimated value of 40 to 60 million euros.
The 2011 design auction seasons kicks off next month with the 20th Century Decorative Art & Design sale at Christie's New York on March 11 '11. I believe this sale will reflect the collectIble design market's continuing exponential growth.
As mentioned earlier , Sotheby's New York has just held a week of modern Design auctions, which in total brought in excess of $19 million. The opening sale of the series was 'Fusion: Contemporary Art and Design'.
Last week Sotheby's held a sale of 'Important 20th Century Design'; part of a week of a week of modern Design auctions held by the firm, which in total brought in excess of $19 million. This figure is the highest total for a week of Design sales at Sotheby’s New York since December 2003.
Yesterday saw the Design Masters auction at Phillips de Pury & Company, New York; a curated evening sale of important avant-garde design from the 20th and 21st centuries.
On November 26 '10 Christie's will be hosting an auction of design including many collectables by notable french designers. DeTnk is watching the ten lots by French designer and artist Phillipe Hiquily.
On the 17th of November Christie's will be hosting an auction of The Sean Berg Collection. Among the 140 lots for sale, DeTnk recommends watching two lots from Jean Prouvé.
During late 2008 and early 2009 Prouvé's auction prices dropped slightly. However since then his works have been selling for 70-50% over the estimated value. With one piece on auction November 9th at Sotheby's and two in this sale at Christie's we will see if Prouvé's work can continue reaching such high values.
The Parisian design dyad Claude Lalanne have once again exceeded the valuers expectations. It was estimated that their work Pomme Bouche Sculpture sell between £8,000-£12,000.
At the end of the October 26th Auction, the hammer struck at £39,650 - four times the estimated value.
Wright's latest Important Design sale took place the 12th of October in Chicago and ended with telling results. This sale titled, Modern Design, gave collectors an opportunity to focus purchases on high quality works.
Phillips de Pury & Company
Phillips de Pury & Company's latest Design sale took place the 28th of September in London and ended with shakey results. Design sales give collectors an opportunity to focus their purchases on some of the best design pieces on the market.