LOS ANGELES – On July 13, Bonhams saw successful results in the Modern Design | Art sale, the first auction with in-room bidding to take place at a Bonhams US saleroom in over a year. Leading the sale was a stunning Arbre Table Lamp by French glass master Gabriel Argy-Rousseau. Estimated at $15,000-$25,000, it achieved far more than double its high estimate, selling for a price of $59,063. In total, the sale realized $1,319,871.
Strong results were also seen within studio ceramics. Renowned American ceramicist Betty Woodman’s Balustrade relief vase sold for $37,813, and a superb glazed porcelain vessel by Japanese-American Toshiko Takaezu entitled Anagama Hearts realized an astounding $27,813 against an estimate of $5,000–$7,000. Another exciting result came from the sale’s selection of fine art; Jean Cocteau’s drawing Ulysses et Hylas (from Serie de l’Odyssee), which had carried an estimate of $7,000–$9,000, achieved $27,813, more than three times its high estimate.
Bonhams Director of Modern Decorative Art & Design Jason Stein commented, “The successful outcome of our July Modern Design | Art sale is a testament to the continued strength of the demand for noteworthy design objects of the finest provenance. We were especially pleased by the result of our top lot, the Arbre Table Lamp by venerable glass master Gabriel Argy-Rousseau. With excited and spirited participation – both from local Los Angeles bidders as well as those based abroad – it is safe to say that the market remains buoyant across the globe.”
View top auction results on LiveAuctioneers here: https://www.liveauctioneers.com/pages/recent-auction-sales/