Lalique, mid-century design propel Rago auction to $4M weekend

Rare Lalique Tortues vase. Price realized: $25,000. Rago Arts and Auction Center image

 

LAMBERTVILLE, N.J. – Rago Arts and Auction Center’s May Design Auctions brought $4 million in sales over the weekend of May 20-21. The Solana Collection of Lalique Glass enjoyed strong sale prices throughout, earning a sell through rate of 97 percent and hammering at 16 percent above high estimate. Absentee and Internet live bidding was available through LiveAuctioneers.

Works of Mid-Century and Modern Design, including designs by Wendell Castle, Gio Ponti and Vladimir Kagan, exceeded expectations with several lots by these makers selling above their high estimates.

 

 

Unique Peacock lamp by Ernest Batchelder and Douglas Donaldson. Price realized: $62,500. Rago Arts and Auction Center image

 

Works of American Arts and Crafts also made strong showings in the sale, including Lot 1197, a unique peacock lamp by Ernest Batchelder and Douglas Donaldson (above), which sold for $62,500 against an estimate of $30,000-$40,000, and Lot 1198, a pair of fine sconces by Greene & Greene (below), which sold for $75,000 against an estimate of $15,000-$20,000.

 

Greene & Greene sconces. Price realized: $75,000. Rago Arts and Auction Center image

 

Also of note: Lots 1173 and 1174, experimental Favrile pottery vases by Tiffany Studios which sold for $10,000 and $8,750, respectively, against identical estimates of $1,000-$1,500; Lot 2691, a Venetian vase by Dale Chihuly and Lino Tagliapietra which sold for $26,250 against an estimate of $10,000-$15,000; and Lot 2508, Robert Arneson’s Love Me earthenware sculpture which sold for $18,750 against an estimate of $5,000-$7,000.

 

Tiffany Studios experimental Favrile pottery vase. Price realized: $10,000. Rago Arts and Auction Center image

 

Lot 2172, tête-à-tête game table by Michael Coffey sold for $32,500 against an estimate of $15,000-25,000 and a George Nakashima Minguren coffee table realized: $53,125.

 

George Nakashima Minguren coffee table. Price realized: $53,125. Rago Arts and Auction Center image

 

“With a sell through rate above 80 percent and an overall sale total just below the high estimate, we are very pleased with the performance of our May 2017 Design Auctions. I’ll admit to being relieved that the sale was as strong as it was, with so much Modern material coming to market in the next month. We’re already deep into preperations for our next Modern auction, scheduled for September, and it looks like it may be our best one in years,” said David Rago, partner and co-director, 20th Century Design.