Let the great “MLK Day” celebration begin !
Via Con Dios , Glenn Frey , co founder of the one and only “Eagles “.
Not necessarily my cup of tea as far as music goes but a giant in the business and he leaves a legacy of work that will live on forever !
After a relatively quiet period in the the rug world over the holiday season the rug auction season is set to kick off with a bang !
At this early juncture there are no less than “12” productions on the docket in the next 60 days , up to this point !
So save your shekel's and you most likely won't be disappointed !
Sotheby's sale of the “I & A Schorsch” collection is one for the books and the whole inventory did very well for Sotheby's and the estate .
Regarding the oriental rugs included in the offering all sold and most for over their “high” pre- sale estimates .
Some well over !
As for the one lot I featured in a previous post , lot # 123 , Eagle Kazak , pre- sale est. $ 3-5,000.00 , it sold for $ 6,875.00 including comm.
Not one of the real highlights of the group , but not bad either .
One minor observation of the carpets in this sale .
They were for the most part Caucasians or Heriz area items and overall they brought fairly strong prices so it might show some strength in rug-dum at least in those areas !
Because of the snow storm in NYC today the ” Important Americana ” sale was postponed till tomorrow !
Unfortunately now , Jimmy Bain bass player extraordinaire , ex Dio , Rainbow , Hear ' n Aid , Last in Line and so much more !
R I P , you will not be soon forgotten !
Next up today .
Sotheby's “Important Americana” sale .
2 pm , post time on the east coast .
Let's get this party started !
So on this fine “playoff” Sunday the oriental carpet portion of the “Important Americana” auction just wrapped up an it turned out to be a fairly successful endeavor for M.J. and the “Sotheby's” rug dept.
Out of the 25 lots run across the podium only 5 failed to garner any interest .
That works out to a sold percentage of 80 %.
Yes , it's a small production but still an admirable effort .
One thing worth noting , all the pieces that failed to sell were decorative items , collectors items did very well !
However , nothing in the way of an upside surprise in the whole group.
Concerning the lot I featured in a previous post it did sell and as I figured sold well over the high estimate .
Lot # 1163 , Eagle Gul torba , pre- sale est. $ 3-5,000.00 .
Sold for $ 9,375.00 including comm.
Not a surprise that it sold over the high estimate but still a decent purchase for the new owner .
In the end considering the poor weather conditions on the east coast an admirable job , so hats off to M.J. and staff !!!
Dead men tell no tales , but live ones never have any fun ? , Sheik Frederich , 2016 .
Song o the week , Eagles , Chug All Night on Eagles , 1972 .