Sunday, November 15, 2009

Royère Tops Phillips Design Sale

Phillips de Pury and Co. hosted their Design sale yesterday with results that bode well for the market. The tidy 155 lot auction brought in $3.5 million with 75% of the lots finding buyers. All things considered this is a strong result that will hopefully provide buoyancy for the rest of the major design auctions happening next month. The top lot was a great pair of early Jean Royère "Boule" chairs covered in a shaggy goatskin. The pair brought in an impressive $482,500 against a $200,000-300,000 estimate. At that price I am sure Phillips tossed in a brush, compliments of the house...

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