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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