Garden Museum’s famed Tiffany collection achieves $6.6M at Christie’s

 

Tiffany Studios Hanging Head Dragonfly chandelier, $1 million. Image courtesy of Christie’s Images Ltd. 2022

Tiffany Studios Hanging Head Dragonfly chandelier, $1 million. Image courtesy of Christie’s Images Ltd. 2022

NEW YORK – Christie’s concluded its series of live design auctions at Rockefeller Center on Friday, June 10 with Tiffany Masterworks from the Garden Museum: A Private Collection. Celebrating the artistic mastery of Louis Comfort Tiffany, the sale consisted of 44 lots from one of the greatest Tiffany collections in existence, assembled by Japanese businessman Mr. Takeo Horiuchi in the 1990s. In total, the sale realized $6,662,124, selling 95% by lot, 90% by value and 131% hammer above low estimate. Combined with the live design sales on Monday, June 6 and Tuesday, June 7, the week’s series of three design auctions in New York totaled $35,839,410.

The sale was led by a circa-1905 Hanging Head Dragonfly chandelier. Estimated at $600,000-$800,000, the lot surpassed its high estimate to achieve $1,008,000. Other highlights included a circa-1905 Yellow Rose floor lamp, which achieved $819,000 against an estimate of $600,000-$800,000, and a Dragonfly and Waterflowers table lamp formerly in the collection of Barbra Streisand, which sold for $756,000 against an estimate of $350,000-$500,000. A fantastic result was seen for a circa-1881 drop-leaf partner’s desk made for the William S. Kimball House in Rochester, New York. The lot realized more than 10 times its low estimate of $40,000, selling for $466,200.

Tiffany Studios Yellow Rose floor lamp, $819,000. Image courtesy of Christie’s Images Ltd. 2022

Tiffany Studios Yellow Rose floor lamp, $819,000. Image courtesy of Christie’s Images Ltd. 2022

Christie’s Senior Specialist, Head of Design Daphne Riou commented: “Christie’s had the distinct pleasure of bringing to market one of the most legendary collections of design objects by Louis Comfort Tiffany. We were thrilled to see global excitement from bidders throughout the sale, with wonderful results for the exquisite group of lamps, including the Hanging Head Dragonfly chandelier, which achieved more than $1 million. We were also quite thrilled by the furniture in the sale, notably the 1881 drop-leaf partner’s desk designed for the William S. Kimball House, Rochester, New York, which surpassed expectations to achieve ten times its low estimate. It is clear that the market for fine quality objects of prestigious provenance remains as strong as ever.”

 

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