For once the week started out the way one would hope it would .
A small group of fresh to the market collectable rugs appeared at O.C.G and commerce was completed .
A positive way to start what should certainly be a slow holiday week !
Silence as the holiday week preparations begin .
The eve !
Let's get this party started .
So the big day is here .
Happy Holiday's and a very Merry Christmas to one and all !!!!
The big day passes with out a hitch and with good weather to boot .
That said nothing in the way of commerce but plenty of welcome holiday sprit all around .
Quiet as expected .
Not much to report on this lack of rug news holiday weekend but there is a small piece of fresh rug auction news if your into the decorative side of things.
Both Sotheby's and Christies have sales scheduled in January , 2015 that feature small groups decorative room size carpets .
Sotheby's , NYC's ” Important Americana” auction is on the docket on Jan. 23-24 and features 18 mid – range decorative items .
Unfortunately nothing in the way of collectors pieces at all.
Christies , NYC's , “Interiors ” general auction is scheduled on Jan. 13-14 and includes 17 rugs and flat weaves . Not a thing in the way of a serious collectors item but a few mediocre Caucasians are included in the assortment.
So the last full week of 2014 ends on a somber note but 2015 feels good right now.
Trouble comes and trouble goes but your life should still stay the course ! , Sheik Frederich , 2014
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By the time i post this you will all know Gilmorechronicles and the Rapistan Review were off the line again today .
My server co. seems to be having a real difficult time lately and they are not being forth coming about the real reason so i will just have to bare with them for the time being.
Since its a “no news Monday” its not a big deal but it does get annoying , that's for sure
Well after a wait of slightly over 2 weeks Mr Maltzahn and the staff at Rippon Boswell have decided to post the results from their Nov 29 rug and textile auction.
Out of the 263 items put up for sale 162 ended up finding new homes.
This works out to a sold percentage of about 61 %.
In the end a mediocre outcome for this Autumn's Rippon Boswell sale.
A couple of the high end items in the group failed to garner any attention possibly because of aggressive pre- sale estimates and overly optimistic reserves or maybe just over exposure ?
Hardly a barn burning turn of events but not a disaster either.
One thing worth mentioning , the 5 early German Renaissance textiles I mentioned in an earlier post all sold over their pre- sale estimates . Interesting if that's your cup of tea as they are fairly scarce items .
As for the 4 lots I reviewed in an earlier post , all sold right at or just slightly above their pre – sale estimates.
Lot # 110 Kalman Tekke Khalyk , pre-sale est. € 9,000 ,sold for € 14,640.00 . One of better results of the 4 pieces .
Lot # 132 Shakhrisyabz Susani , pre-sale est. € 24,000.00 , sold for € 24,400.00. No upside surprise here.
Lot # 172 Tekke torba , pre- sale est. € 1,500 ,sold for € 2,806.00 . I felt this was the most underestimated item in the sale so the minor upside push was expected .
Lot # 213 Rumal cover , ( Kashmir shawl ) pre- sale est. € 4200 , sold for € 4270.00 . I really thought this piece would do better .
Out of the blue today a small group of estate rugs turned up at O.C.G.
This is a very rare occurrence these days so it's a nice surprise !
Commerce continues but nothing in the way of fresh rug world news.
7 days till Christmas so I would expect business to go on hiatus too.
Still quiet .
As it's been lately no action at the last Long Beach fair of the year this morning .
However a promising lead for tomorrow on another small group of fresh to the market rugs .
Better than nothing at the start of a holiday week .
Flakes of dandruff or flakes of snow can both impede you on the highway of enlightenment ! , Sheik Frederich , 2014.
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Nothing on the docket for today.
Travel Day tomorrow.
Things look good so far .
Minor delay leaving but smooth and more or less on time landing.
On the streets tomorrow.
The NYC rug market is in the midst of a major transition.
Tenant 's of the 31st building have to be cleared out by May , 2015 and everyone is scrambling to find a new location in the same vicinity .
Rents are a rising and it's creating something of a problem.
That said most everybody is still trying to keep business moving forward in this festive holiday season .
Moods are a little somber but still on the positive side !
As for the current state of commerce a few top shelf items have turned up and it looks like this trip will turnout positive .
One minor footnote this afternoon a little snow to highlight the end of the day !
First up this morning we have the punctual results from yesterday's “Netherhampton ” rug and textile auction in Salisbury , U.K. and it finished up in the same general ball park as their previous affairs.
Out of the approximately 481 total items put up for your bidding pleasure 183 pieces failed to excite any interest .
This works out to a sold percentage of about 62 %.
Not a great success but it's acceptable just the same .
No big surprises as far as the upside goes , just modest prices for mid – range merchandise.
I will say this about the Netherhampton auction house , inexpensive merchandise a side they do move a lot of ordinary merchandise in a very anemic market !!
As for the 2 lots I featured in an earlier post both sold abet right in their pre- sale estimates.
Lot # 484 , Kazak rug , pre – sale est. £ 3-4,000.00 , sold for £ 3 ,000 , an average outcome I suppose.
In my humble opinion one of the slightly better pieces in a generally weak sale.
Lot # 502 Shah Sevan bags , pre – sale est. , sold for £ 360.00 . Most likely ordinary in person ?
All said and done a commendable job by Ms Barrett and staff.
Next up the infamous ,” One More Thing ”
Christie' s , NYC held their “Exceptional sale ” today and on the whole it went quite well for them .
The one carpet included in the offering which I featured in an earlier post , Lot # 8 , “Imperial Dragon carpet ” , Wanli period , pre- sale est. $ 6-800,000.00 sold for $ 665,000.00 including comm .
Right in the range but still an impressive number .
Time to tie up the loose ends before my Friday flight home.
Moderately lengthy and annoying airport delay's this afternoon .
I have been lucky on this front so no big deal.
Back in the O.C.
We start with a little current rug hemisphere news .
J.T. at “Rugtracker” is back at it with another informative post .
This time titled “Hoist up the Jolly Roger”.
It deals with Spanish Renaissance carets .
Looks like the main point of this particular post is the fact the one of these carpets , Lot # 232 failed to garner any interest at the Dec 10 “Netherhampton” sale .
A very interesting article.
As always great and timely work , Mr Taylor. !
The last Rosebowl antique market of 2014 .
As it's been lately no action at the fair .
Maybe next year ?
On to this afternoons Grogan sale.
3:45 pm , in Cali.
The rug portion of the “Grogan” sale just wrapped up and it was not quite as successful from a sold stand point as their recent past results .
Out of the 45 lots run under the hammer this afternoon only 32 ended up finding new homes.
This works out to a sold percentage of about 71%.
Somewhat lower than their usual range which runs more in the neighborhood of the high 80's to the low 90's percentage wise.
There was also and unfortunately nothing in the way of any upside surprise's either .
Concerning the two lots I featured in an earlier post one sold , one did not.
Lot # 496 Bakshaish carpet , pre- sale est. $ 20-30,000.00 . This was the star lot of the group and it regrettably failed to garner any interest at that level.
The other 2 ” high end room size Persian city carpets with aggressive pre- sale estimates also failed to find any bidders
Lot # 499 , Qashgai carpet , pre-sale est. $ 3-5,000.00 . This item sold for $ 4,250.00 + the comm. A fairly snappy little carpet that changed hands right within the estimate range.
In the end a decent turn of events for Mr Grogan and staff in their new digs and hopefully the next outing will have a more positive result.
One last thing congrats on your new Beacon hill , Boston location !
The photos from the Grogan and Christie's auctions are reposted today because the earlier posts that showed them were lost when my servers were hacked about 2 weeks ago.
No sense or non science , is there really a difference? , Sheik Frederick , 2014
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We start off with a great rainy day and move forward from there.
The Van Ham Auction Co.of Cologne , Germany is hosting an oriental rug and textile sale on Dec 5 of this week that features 236 totals lots of all types of weavings. This is a second tier auction house and I don't as a rule cover their offerings because they usually consist of standard “German” quality items .
That said this time around they have come up with one piece that's certainly worth a line or two in a slow “rug news” period .
Lot # 72 , the rare and fairly important ” Kang Lilies ” carpet , dated to the 18th century .
This carpet may be 1 of 4 known examples and has interesting provenance .
It does carry a reasonably aggressive pre- sale est. of € 50-70,000.00 but there have been a couple of other early Chinese / East Turkestan pieces that have shown up lately and they have done quite well.
Another other piece with a little history is also included in the sale.
Lot # 81 Silk Heriz , pre-sale est. € 10-15,000.00 . Not a big deal but it's ex E, Herrmann , published in book 5 , so let's just see how it does this time around.
One last thing !
7 days till NYC .
Rain and Internet outages puts a hold on any fresh rug news or business for today !
That said , commerce continues in a positive direction.
Not much to rant about on a on a fairly uneventful day.
O K , so about a little up-to-date rug news .
It's seems our friend J.T. at “Rugtracker ” has been very busy lately and is back on the line with the second installment of his “Doors of Jannah ” Saph series .
This is the second post in this series and is divided into to three sections .
The first titled Turkestan West , the second segment on Indian pieces and the final section on multi niche carpets from the Caucasus and Persia.
As usual this a top quality post well worth your time to check out .
Like all his previous work J.T. has put plenty of time and effort into it and without a doubt it shows .
Nice work J.T. !
The Van Ham sale was held today and in a timely fashion the results are already posted on the line.
Turns out this was a reasonably successful outing for the Van Ham rug dept.
Out of the 236 items run under the gavel only 68 failed to find any interest , one lot # 179 was withdrawn.
This works out to a very respectable sold percentage of approximately 71 %.
Not bad , not bad at all for a sale that for the most part features main stream pieces .
As for the two lots I featured in the first part of this blog post one sold very well but the other failed to conjure up any interest at all and went unsold .
Lot # 72 The “Kang Lilies carpet ” sold for € 110,000.00 w/o comm. A nice but expected upside bounce for the consigner on a fairly rare piece .
Lot # 81 Silk Heriz , Ex Herrmann did not attract anything in the way of serious bidder's and failed to find a buyer. So much for the provenance!
The only other item worth mentioning in the sale was lot # 17 ” Siebenburger ” carpet . It had a realistic pre – sale est. of € 12,000.00 but ended up fetching € 26,000.00 w/o comm.
Again a nice surprise for the consigner but also a decent buy also for the new owner .
Not much to blog about on a quiet Sat.
However , J.T. From Rugtracker is back on the job with another entry in his “Doors of Jannah” Saph series .
This 3rd installment is titled , “Turkestan East ” .
What more can you say , J.T.'s been a busy boy lately and as with all his posts it is well worth you time to take a look.
Sunday silent Sunday ?
Next up East Coast preparations ?
Possible snow !
Wrestle the dragon and enjoy it every time ! , Sheik Frederich , 2014.
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One piece of unfortunate news to report .
Bill Caskey one of the founders of the Caskey/ Lees show promoting partnership passed away on Nov. 20 .
A good friend , he will be missed by all of the collecting universe, RIP.
14 days till NYC !
The day before Thanksgiving and rug business and the market are silent.
There is however one piece of extraordinary textile news to report.
Christie's , Hong Kong held an auction today featuring only one item.
The item was a highly important Tibetan Imperial Embroidered Silk Thangka , circa 1402 – 1424 . This very rare thangka was 84″x 132″ .
The pre- sale estimate was by request but in the neighborhood of about H K $ 80 million ( U S $10,350,000.00 ).
It ended up fetching H K $ 348,000,000.00 , which works out to U.S. $ 45,000.000.00.
Certainly a well deserved world record price for such spectacular textile .
The buyer was a well known Chinese collector.
So how's that for holiday auction action !
Thanksgiving Day !
Here's to all you turkey's out there.
How's your various hangovers ?
Rippon – Boswell went off today .
Nothing in the way of reports yet.
One minor piece of fresh rug news to mention on the tail end of this holiday weekend.
The next Netherhampton sale scheduled on Dec.10 in Salisbury , U.K. is live on the line now. This edition features 481 total lots of all types of rugs carpets and textiles . As usual there is nothing in the way of a standout item from any of the represented weaving areas . Just their standard selection of mediocre shop stock . That said I notice a couple of items that seemed at least mildly interesting which are featured below.
Lot # 484 Kazak rug , pre- sale est. € 3-4,000.00 . Not exceptional in anyway but one of the better items in this offering.
Lot # 502 Shah Sevan double bags , pre- sale est. € 4-500.00 . Again nothing special however a “possible” high light of the group.
Servers being hacked created problems and deleted 2 previous posts which also delayed this current post till today .
Not much to report but there is one fresh piece of rug news to review.
“Rugtracker” has a new post titled , “Doors of Jannah – Turkey and the Mediterranean” .
The subject is Saph carpets and it very interesting so check it out when you have time , you will certainly enjoy it !
As usual great work by J.T.
The fact that you don't “know” means everything ? Sheik Frederich,2014.
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