WINDSOR, Conn. – Nadeau’s Auction Gallery enjoyed a remarkably successful sale on January 1. The company’s ninth consecutive New Year’s Day Sale surpassed the seven figure mark and benefitted from a 95% sell through rate. After a long day of competitive bidding, 92 lots realized $5,000-$9,999, 56 lots made $10,000-$99,999 and two lots topped the six figure mark.
Works by important 19th and 20th century artists took several of the top lot slots in this sale, chief among them Raoul Dufy’s Araut La Course: Epsom, which achieved $125,000. The watercolor and gouache on paper was signed and titled by the artist.
Jane Peterson’s Road to Rocky Neck, East Gloucester realized $43,200. This oil on canvas work featured a country road with Gloucester Harbor in the background and was signed by the artist on its lower left.
Edward Lear’s Jerusalem, April 24, 1858 rose to $24,000 – a sum nearly 10 times its high estimate. This watercolor and pencil on paper example included copious notes by the artist around the image.
An untitled 1961 abstract by Giuseppe Santomaso, estimated at $4,000-$8,000, sold for $20,910. The signed gouache on paper example was from the estate of Alexis Gregory and was sold to benefit his foundation.
Bernard Cathelin’s 1966 work Roses d’ Inde au Fond Gris made $17,500. The oil on canvas floral still life was signed, dated, and titled, and retained its David Findlay Gallery label.
Fine art showcasing people and portraits also caught the eye of collectors worldwide, such as Leonidas Gambartes’ Personajes. Estimated at $6,000-$12,000, it soared to $30,000. The signed, chrome gesso on board work from 1962 featured three dressed characters in ethic clothing and masks.
Also of note was John Singer Sargent’s full length portrait of a woman in a long flowing black and red dress, which realized $25,000. The oil on canvas work was signed by the artist on its upper right.
Watches and jewelry also performed well in the New Year’s Day sale, including a boxed red and black Rolex Coke GMT men’s wristwatch with a Jubilee bracelet, which was estimated at $6,000-$12,000 and sold for $19,200. It was model #16710, serial #X545241, and included its original papers and tag. Just as stunning was an 18K white gold and diamond ring that doubled its high estimate to sell for $18,000. It featured two diamonds, one weighing 2.20 carats and the other 2.07 carats.
The sale also featured notable selections of silver, service, and decorative items, led by a Gianmaria Buccellati silver center bowl sitting on a footed glass tray, which was estimated at $5,000-$10,000 and realized $16,640. It was in the form of a woven circular basket inset within a wreath of fruits, and weighed 59.7 troy ounces.
Rounding out the highlights is a 1930 sideboard by Emile Jacques Ruhlmann, which brought $48,000. The signed masterpiece was detailed with doors opening to a shelved interior and a brown marble fitted top on a gilt bronze pedestal base. It also retained its original R.J. Ruhlmann receipt.
View top auction results on LiveAuctioneers here: https://www.liveauctioneers.com/pages/recent-auction-sales/