Excursion preparations in full swing .
So far weather looks reasonable .
Plenty of auction activity this week !
Looks promising at this point.
The Christie's major rug and carpet sale in London jus finished up and unfortunately for Ms Broadhurst and staff the results were mediocre at best. Out of the 194 total lots run under the hammer only 90 garnered any interest. A sold percentage of just under 47 %.
One thing worth mentioning .
Lot # 114 , “Bukhara” saf fragment , pre-sale est. £ 30-50,000.00 failed to sell . This piece was highly promoted but maybe only one is all the market can absorb at this level ?
I felt this was a fairly well diversified and interesting group of items.
Unfortunately for the Christies staff the European rug buying crowd did not feel the same !
As for the 2 lots I featured in an earlier post one sold one did not.
Lot # 100 , Mongol flat weave cpt. Pre-sale est. £ 5-700,000.00 . Sold for £ 602,500.00 including comm . A big number , but right in the estimated range .
One minor piece of trivia , this piece has been published and known to the market for quite awhile.
The other lot I featured # 101 , Kasghar carpet frag., pre-sale est. £12-15,000.00 failed to find a taker. This was my personal favorite item in the group but it could have had an aggressive reserve !
“O Well ” , back to the drawing board and better luck next time !
Bonham's , London held their “Islamic and Indian Art” , auction today . There was nothing in the way of rugs or carpets in the offering but it did include 6 susani's and 16 various textile lots .
The susani's in the group were not on the level of the “Vok” collection items but they all sold .
One piece lot # 54 Shahrizabz Susani , sold for £ 21,250.00 including the juice. Concerning the 16 textile items in the sale , 6 found buyers and some of those brought substantial sums !
Easy , on time flight into NYC.
Possible rain this afternoon .
Plenty more auction action today.
First up .
Sotheby's , London's , “Arts of the Islamic World” went off earlier today .
This sale only included one carpet .
The Holms , Hepburn Coronation carpet , lot # 190 , pre- sale est. £ 100-150,000.00 and it failed to sell. I reviewed this lot in an earlier post and thought it might excite the Gulf museum crowd but unfortunately for the consigner not this time around . Could it have possibly been offered around the market prior to the auction ?
As for the 14 various textile items included in the group 7 pieces found new homes .
The piece I featured in an earlier post , lot # 95 , Ottoman Silk bag regrettably went unsold .
So much for my taste on this type of textile !
Results from today's , Freeman's general auction in Phil. , Pa featuring 157 lots of rugs and textiles are live “on the line” now.
Tragically for the Freeman's rug dept. it did not turn out quite like they my have hoped. Out of the 157 lots run under the hammer only 67 found takers. A sold percentage of an unacceptable 43%.
Granted there was not a lot to get the rug buying public excited in the group but an unsatisfactory result none the less .
The one high light of the sale , lot # 342 Khotan cpt. , pre- sale est. $10-15,000.00 sold for $25,000.00 including the juice .
I illustrated this item in a prior post if you want a look.
The other piece that created a bit of chatter in the rug world , lot # 339 Oushak cpt. frag. , pre- sale est. $ 20- 40,000.00 , failed to sell. An assertive estimate , so not a surprise it did not find a buyer.
As for the state of the NYC market today .
I reported in Dec. the main rug market building on 31st was going through a transition and it's coming to a head this week . At least 50 % of the resident dealers have moved or are in the process , many across the bridge to Long Island City.
This move is. gonna create a split market and in my humble opinion a major market disruption .
The centralized NYC market was always a good thing, now what ?
Wrapping up loose ends on a reasonably successful East Coast sojourn !
Weather turned fairly cool , time to go.
Smooth trip back into the O.C.
Back in the saddle at O.C.G.
Nothing missed in my absence !
As one would imagine another quiet Sunday !
Works for me after a week on the road .
In the end acting on or in anger is always a mistake , the smart play is never to get mad ,”get even ” quietly ! , Sheik Frederich , 2015.
Song o the week . Madball , Born Strong on Hardcore Lives , 2014Tweet Read More
Happy B- Day , Guy Fawkes , 4-13-1570 !
After all the action in the auction arena in the last few weeks looks like we are gonna take break till this weekend .
This is most likely a good idea since it will give everybody out there time to regroup and think about what's happening in the rug and carpet market !
7 days till NYC .
Tax Day in the U.S.A. !
Not much to rant about at O.C.G. today , however if you are in London this evening LARTA opens at 6 pm.
If your not a large portion of the items available for purchase are posted on the LARTA website .
Looks like a decent group of pieces.
Check it out , there might be something that suits your fancy .
Good Luck to all the exhibitors !
Rippon Boswell , “Vok” sale update .
As I figured Mr Maltzahn was active after the sale concluded and a couple of more items ended up finding new homes bring the sales total to 84 out of the total 88 lots offered . This kicks the sold percentage up to right at 95%.
Let's just see if Mr Maltzahn can work a little more post sale magic and kick the total up to 100% ?
Granted this was a specialized , modest size sale but certainly a great turn of events for Mr Vok and probably one of the best results in the history of Rippon – Boswell .
One thing worth noting .
There was chatter in the rug universe of the kelim market being some what soft and the possibility it could effect the out come of the sale.
It appears that if the pieces are above average the kelim market is just fine !
That said a tip of the hat to Mr Maltzahn and the rug dept. staff on a job well done.
As for the 4 items I featured in an earlier all found new homes.
Lot # 34 , Lakai Susani , pre- sale est. € 45-55,000 , sold for € 48,800.00 including comm. Right in the zone .
Lot # 61 , Nigde Kelim ,pre -sale est. € 7-9,000.00 , sold for € 12,000.00 not including comm.
Lot # 67 , Shakhrisyabz Susani , pre-sale est. € 35-45,000.00 , sold for € 36,000.00 including the comm. Sold right after the sale and again right in the zone.
Lot # 68 Zarafshan Susani , pre- sale est. 15-18,000.00 , sold for € 19,000.00 not including comm.
Long Beach Antique market tomorrow and and a brief road trip.
The Austria auction Co . online warehouse sale just wrapped up and for all intensive purposes it was far from a raging success for Udo and staff.
Unfortunately out of 189 lots offered only 63 found takers. A sold percentage of just under 33%. A lot of work for not so much of a return .
As I mentioned in an earlier post the group was loaded with kelims and other flat weaves and they did not fair well , at all.
There was one substantial upside surprise included in the Turkmen's in the offering .
Lot # 86 , catalogued as “Turkmen juval” pre- sale est. € 2-2,500.00 , sold for € 18,000.00 . Fragmented but early and great looking so a price well deserved .
Nice for the consigner but one piece does not a successful sale make.
Better luck to the highly regarded “Austria Auction Co” on May 9 for their “major” sale.
As its been in Cali lately. the same at the Long Beach fair today , a dry well .
So the week ends on a quiet note!
Do unto others as they just might deserve it ! , Sheik Frederich , 2015.
Song o the week , Body Count , There Goes the Neighborhood on Body Count , 1992 .Tweet Read More
Action on top of action ?
Everybody in the pool !
The Dorotheum , Vienna , Austria has posted “on the line” their upcoming “major” spring oriental rug and carpet auction scheduled on April 30.
What we have to look forward to is 207 total lots of all manner of rugs , carpets , tapestries and various textile pieces .
So after going through the group a few times I came to the conclusion it's along the same lines as the last couple of Dorotheum sales . A few better items interspersed amongst a lot of middle of the road pieces.
As usual the offering is heavy on Persian city and tribal rugs which are out of reach of the buyers in the U.S. , at least for the moment !
And again as is their M.O. the better pieces included in the sale carry aggressive pre- sale estimates which in ” my ” opinion have possibly scared off potential buyers and hurt the sale results at least in the past .
I did notice one lot that garnered a bit of interest on my part.
Lot 48 , Ningshia square , pre- sale est. € 18-20,000.00 . A possible early date ? , but with a hefty estimate for sure , makes me wonder if this item will get any attention all ?
A great face but at this level might just be hard to swallow !
Well it's go time for the highly anticipated Austria Auction Co. , May 9th sale .
The first 87 lots of the sale are from all the various weaving areas .
This portion of the offering includes a better than average but limited selection of all types of rugs ,carpets , textiles and flat weaves .
That said I did notice 2 lots I felt worth a line or two.
Lot # 30 Caucasian Blossom rug frag. Pre- sale est. € 12-15,000.00 . Not an inexpensive starting point but great colors and published to boot .
Lot # 64 Caucasian Embroidery . Pre – sale est. € 20- 25,000.00 . A well known published item with a reasonable pre- sale estimate after the prices fetched on numerous examples at Sotheby's a couple of years ago.
Now we move on to the “main attraction” , The “Munkasci” Collection which consist off 138 pieces from most all the major Turkmen tribes.
The collection includes quite a few well-known pieces , some of which have been previously published .
After going through the catalog numerous times I feel the scope of the group runs from very good to somewhat average , as do most collections put together over a long period of time .
I will add this observation , for the most part the pre- sale estimates don't seem to be overly aggressive .
My final impression is i don't feel this group is quite up to the level of the “Thompson” or “Pinner” sales of a few years ago but that was then and this is now and to just put together a collection of this size is an accomplishment in itself .
S Group items aside and if I had to pick , one piece did catch my eye .
Lot # 217 Saryk ensi . Pre- sale est. € 18-24,000.00 . Not an inexpensive starting point and not one of the very best examples but still a good one and hard to find.
In this murky market it's hard to tell how a group of Turkmen's of this size will fair however , “Good Luck” to Mr Munkasci and the Austria Auction Co . staff .
Still quiet .
Lack of action sometimes try's our patience ?
“Vok ” sale day at Rippon !
Question of the day . How long till Mr Maltzahn posts the results ?
10 days till NYC .
April Rosebowl tomorrow .
Moderate crowd at the Rosebowl today .
More than the normal selection of worn, beater rugs but unfortunately nothing of any importance at all !
The results of the Vok coll. sale at Rippon-Boswell are posted on LiveAuctioneers now and for all intensive purposes it turned our very successful for Rippon-Boswell and Mr Vok .
Looks like only 6 of the 88 lots went unsold , more on this next week .
One word of caution on this , they are unaudited and as we all know things sometimes change a bit at Rippon .
Thanks to D.B. for the heads up on this !
Being jaded is an art form and takes years to perfect ! , Sheik Frederich , 2015.
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Let’s just start the week with more auction results .
The Nagel Auktion house posted the outcome of their March 24th sale and it was only moderately successful for them . Out of the 205 total rug and textile lots offered only 103 ended up garnering any interest.
A sold percentage of about 50% , far from a favorable finish but vastly better than the results of their last sale on Sept. 9, 2014.
That auction unfortunately only produced a sold percentage of 31%.
Granted internet issues may have had something to do with that particular outcome but it was still dismal.
If not for the single owner consignment of the first 25 lots of this current offering which had very realistic pre- sale estimates this sale would have followed in the same foot steps , as far as a total sold percentage.
The one lot that created plenty of chatter in the Turkmen collectors universe , lot # 25 , Tekke “animal & tree asmalyk ” , pre- sale est. € 20,000.00 ended up selling for € 47,000.00 .
As it turns out , even with substantial damage the age and very good drawing helped the piece garner a strong price.
Certainly the highlight of the whole offering.
As for the 2 items I featured in an earlier post both were from the single consigner group and sold well.
Lot # 13 Chaudor juval , pre- sale est. € 600 , sold for € 2,000.00 . Far above the pre- sale estimate but still a very reasonable purchase for someone.
Lot # 16 ,Yomut mafrash , pre-sale est. € 300 , sold for € 6500.00 . My favorite piece in the sale and a well deserved up side surprise for the consigner , however a decent buy for the new owner too !
In the end not a great turn of events for the Nagel rug dept. but it is another one “in the books” and onward to the inevitable next one !
Viva , All Fools Day ?
So what fresh on a day like today , well let me just tell Ya …..
The celebrated “Austria Auction Co.” is staging their first online auction of rugs and textiles on April 18 at the warehouse in Gebirge , Austria.
The full catalogue is live “on the line” now but if your in the vicinity there will be a 2 day preview on April 17-18th and you can inspect the pieces in person .
Nothing in the way of a barn burner collectors item in this group just a varied selection from all the major weaving areas .
If it’s your cup of tea , kelims seem to be very well represented .
In my humble opinion this appears to be a house cleaning sale ?
Which we all can use now and then !
One can only assume Udo and crew have set aside the “good ” stuff for the upcoming May 9th “major ” sale , of-course featuring the highly anticipated “Munkacsi-Jeffries” collection .
At this point , only 21 days till the first trip to NYC in 2015 !
More auction news.
Bonham’s , London has a sale titled “Islamic and Indian Art” scheduled on April 21 . This sale does not include any oriental rugs or carpets but does feature 6 susani’s and 15 various textile and embroidered lots .
The susani’s are decent at best , clearly not in the league of the upcoming “Vok” Coll. pieces but still worth a look if that’s your area of interest.
The textiles and embroideries are eclectic choices for the specialized collector.
I did find one somewhat interesting item , lot # 240 , Gem- Set Jade and Rock crystal back scratcher . Pre-sale est. £ 8-12,000.00 .
As you are all well aware , everyone needs one of these !
Good Friday” , fresh news !
Freeman’s Auction house of Phil. Pa. is staging a general antique sale on April 22 that will feature 157 lots of various oriental rugs and textiles . The group is mostly comprised of decorative carpets and “starter” collectors items but there is one piece that might create a buzz if the illustration is accurate .
Lot # 342 , Khotan carpet , pre – sale est. $ 10-15,000.00 .
The right design and if it’s not completely restored and the date is on the money could turn out to be a winner !
Enjoy the Passover holiday !
Rejoice this Easter Sunday ! , 2015 .
Steer clear of certain detestable humans and their path of unnatural behavior , for your own good ! , Sheik Frederich , 2015
Song o the week , Jim Carroll Band , City Drops Into the Night on Catholic Boy , 1980 .Tweet Read More