Another retrograde start to the new week !
Nagel Auction held their rug ,carpet and ethnic item sale today and the results were mixed at best . Out of the 215 lots of rugs , carpets and textiles run across the podium only 100 ended up finding new homes . A sold percentage of right at 46%. Not a disaster but far from a raging success. There were however a few upside pops and as its been lately Chinese Silk and Metal thread rugs brought strong prices. Persian pieces sold but the numbers seemed weak and Caucasian pieces were very soft but the selection was in my humble opinion on the mediocre side .
So another one in the books for the Nagel Auction house but because the inventory was unimpressive a can’t say the weak results weren’t expected.
As for the lot I featured in the previous post it sold but the price was also on the modest side .
Lot # 233 Tekke kapunuk . Pre-sale estimate Euro 5-6,000.00 , sold for Euro 6,500.00. I really thought this would do better . I guess someone out there might have got a pretty good deal !
7 days till NYC !
Final reports from the now completed NYICS show are that most of the exhibitors liked the show the producers are considering doing it again next year so kudos to all involved in the somewhat positive ending !
Keep in mind there is no reason this can’t be fun 🙂
Christie’s , NYC is staging a sale on Oct. 10th titled ” Opulence” that features 39 assorted rugs and carpets . Not the most interesting group I have ever seen and for the most part decorative in nature. However there are a few ” classic ” items included in the offering but unfortunately they are not in the best condition. That said still well worth your time to take a quick look .
One lot I posted below did attract my attention to a certain extent .
Lot # 183 , Khorassan shrub carpet fragment , possibly 17th century . Pre-sale est. a modestly aggressive $ 15-30,000.00. Considering this made up of pieces / parts of a larger rug , not cheap but still scarce and with a very cool look !
Early morning road trip then more Silence !
Headaches and heartbreak seem to be the theme of the day ! , Sheik Frederich , 2016 .
Song o the week, Machine Head , Is There Anybody out There ? , single , 2016.