A fresh week and it looks like we are off to the races with a whisper not a roar !
Out of sheer boredom I just went through the “highly promoted” July 13 , Bonham's , L.A. “major” oriental rug and carpet offering.
Unfortunately for “you-all” out there and the Bonham's rug dept. it's just more of the same , ordinary rug shop items.
Nothing at all in the way of a notable collectors item or stand out decorative carpet. There are however plenty of color stripped room size carpets if your still into that sort of thing !
Not really worth you time unless you are as bored as I am.
Here we go with the unverified results of the June 18th rug auction at ” Leclere ” in Marseille, France.
Unfortunately for Mr Gissinger and the “Leclere” rug dept. this was about as close to a disaster as you can get.
Out of the 94 items run across the podium only 17 attracted any attention .
This works out to a sold percentage right at 18%.
If in fact if all the pieces listed as sold are actually paid for I still would have my doubts if the “Leclere” rug dept. even covered expenses .
All the pieces that are listed as sold , sold right in the range of their pre- sale estimates .
Nothing in the way of an upside surprise in the whole group .
Certainly not the outcome they hoped for !
As for the 2 items I featured in an earlier post ( lots # 26 Talish and # 35 Kazak ) both failed to find new homes.
Maybe they can work the phones a bit , after the shock wears off and improve the number of pieces sold !
Otherwise i would guess it's back to the drawing board for Mr Gissinger and staff .
Better luck next time !
Fathers Day weekend !
Happy Father's Day .
Long Beach Antique Fair .
As you would assume , no action.
Still silent !
Massive lack of fresh rug world news !
Minor road trip .
The Summer doldrums are in full swing.
Out of town visitors and commerce !
Minor score at an East Coast country sale to start the day !
More out of town visitors .
Unfortunately this two week period ends with another weak post in a very slow time in the rug world for fresh news .
It appears this activity drought is gonna last for at least a couple of more weeks .
Oh well you can't win them all .
But you can wait them out !
Via con Dios , Chris Squire , founding member and base player of the prog rock band , YES .
You work will keep your memory alive !
Think what you want to think cause it all comes clean in the wash anyway !, Sheik Frederich , 2015.
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Heading into summer the doldrums begin !
Will saints be praised !
Austria Auction Co . has posted their audited results from the May 9 auction including the “Munkacsi” collection .
Well , as I expected Udo and his band of magic men were busy working the phones once the auction was over and managed move a few more items .
So here we go .
The day of the sale “Liveauctioneers” posted 101 total pieces sold out of the 224 items offered and now that number of the items sold has bounced up to 116 .
A decent but not overwhelming advancement , keeping in mind anything is better than nothing !
That propels the sold percentage up to right about 52%, a reasonable improvement from the previous , approximate and rather dismal 45%.
Most all the lots that sold after the auction were from the “Munkacsi” consignment , including a hand full of the more expensive S Group pieces .
This is certainly good news for Mr Munkacsi and of course the Austria Auction Co.
After all , it's sort of all's well that ends , pretty well ?
Light but fresh rug world news !
“Leclere” Auction house , Marseille , France has a specialized rug and carpet auction scheduled on June 18th.
Although this is a catalogued sale it consist of just 94 total lots from the majority of the prominent weaving regions.
Most of the items in the group appear to be in reasonably good condition but unfortunately there is nothing in the way of an exceptional piece of any type included in the sale .
The best pieces in the inventory seem to be turn of the century Persian city rugs.
One more minor detail.
At the end of the offering they have included a few tapestries which are possibly the most valuable things in the sale.
For the most part it appears to be “dealer type” shop stock in ready to go condition.
Nothing to get excited about but in a slow week worth your time to take a quick look , you just never know .
With out much to blog about I listed 2 lots that are at least mildly attractive .
Lot # 26 , Talish carpet , Pre-sale est. € 6-8,000.00 . Nothing great but it's a slow week .
Lot # 35 Kasak carpet , Pre-sale est. € 1.5- 2,000.00 . Nice square format , but late.
Quiet and Gloomy !
TGIF Googler's !
Rippon-Boswell day !
Unaudited results from today's “Rippon-Boswell” rug auction are posted on Liveauctioneers now !
Unfortunately for the Rippon staff this sale did not turnout like their “Vok Collection” auction a few weeks ago.
Out of the 235 items put up for sale only 97 found buyers up to this point . This works out to a sold percentage of right in the neighborhood of 41 %.
One would assume Mr Maltzahn and crew will be hard at work on the phones next week to improve the sale results !
The audited result post in a couple of weeks will certainly fill in the blanks as did the one from Austria Auction Co.
Detlev does take his sweet time on this count !
Something of a long day for the Rippon staff , for sure !
For the most part the items that sold were within their pre- sale ranges but one lot # 145 , Lotto carpet , pre-sale est. € 4,6-4,700.00 sold for € 16,000.00 . A welcome upside bump for the consigner .
Another lot # 137 , Lakai Susani . Pre-sale est. € 5,9-6,000.00 ,sold for € 17,000.00 . On the heels of the “Vok” sale another nice pop up but still not enough help to rescue a very mediocre sale result .
As for the one big ticket item included in the sale , lot # 100 , Silk Heriz , pre- sale est. € 41,900.00- 42,000.00 , it failed to garner any interest . Not a real shocker with that kind of starting point !
I featured 2 lots in a previous post , one sold , one did not .
Lot # 125 , Transylvanian prayer rug. Pre-sale est. € 9,9-10,000.00 . Unsuccessful in finding a new home. Restoration may have hurt the salability of this piece !
Lot # 160 , Shahsevan mat. Pre-sale est. € 4,6-4,700.00 , sold for € 10,000.00.
I felt the pre- sale est. was a little on the aggressive side with the obvious damage but apparently others did not . A nice upside surprise for the consigner in an other wise dull offering .
Certainly the most interesting and collectable piece in the whole sale .
With all that said back to the drawing board for the Rippon rug dept. as we wait for the next installment of the “Vok Collection to surface .
Sunday , road trip , Sunday !
When the time presents itself to make a hard decision , take your time and think about it , THEN stand behind it ! , Sheik Frederich , 2015
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One more in a long line of quiet Monday's !
Christie's ,”Connoisseur's Eye” sale has just crossed the finish line and it turned out to be reasonably successful venture for them at least from a carpet standpoint .
76 rugs and carpets were included in the group and 54 ended up finding new homes. This works out to a sold percentage of right at 71 %.
Slightly better numbers than they generally post.
Unfortunately the tapestries were not quite as well received in the session.
Out of the 16 pieces run across the podium only 7 found takers .
A sold percentage of 45%.
Not a complete disaster but certainly far from a raging success .
From my point of view for the Christie's rug dept. i assume a slight disappointment , however with a more interesting variety perhaps including some collectors items it could have most likely had a more positive outcome.
11 am , Cali time.
The post ART'S , Grogan sale in Boston is under way and it looks like it's going pretty well up to this point .
But it's not where you start it's where you end up so let's just wait and see !
1 pm , in Ca.
O K , finished up , so here we go.
Out of the 96 lot's put up for sale 84 ended attracting attention. That works out to a sold percentage in the neighborhood of 88%.
This outcome falls within the parameters of the usual “Grogan” sale number's .
As I mentioned in an earlier post M.G. keeps the pre- sale estimates on the conservative side so the seller reserves are generally in the realistic range which makes it interesting for potential buyers !
Smart business tactic in my opinion .
On the whole decent prices were fetched on all the items that sold but nothing in the way of an upside surprise on any of the lots offered , as I expected , inasmuch as there were not any real “standout” pieces in the selection.
In the end a small but very solid effort from Mr Grogan and the Grogan + Co. rug dept.
As for the 2 lots I talked about in an earlier post both sold within their pre- sale ranges.
Lot # 40 , Chinese cpt. Pre- sale est. $5-7,000.00 . Sold for $ 4,250.00 + comm. Based on the supposed great condition I really thought this carpet would fair better.
Lot # 72 , Caucasian prayer rug. Pre- sale est. $2-3,000.00 . Sold for $2,750.00 + comm. Restoration on sides might have held the total on this piece down !
Back to the silent side.
I hope you celebrated “National Donut Day” today!
Minor road trip.
Then Quiet .
7 days till Rippon- Boswell's major rug “circus” and for all intensive purposes the end of the featured rug auction schedule till the fall.
It's your last chance , so step and let your presence by known !
Out of town visitors and the possibility of commerce.
Modest success !
Waves of indifference sometimes flow over the boundaries of insanity ! Sheik Frederich , 2015.
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