Lambertville, NJ: Rago Auction’s October 19-21 auction series brought in a total of $2,324,975 across three segments. While each segment saw spirited bidding, the series’ opening segment, Tribal Art from the Collection of Allan Stone and Other Owners, met or exceeded all expectations with strong interest and even stronger results throughout.
This nearly 250 lot sale, consisting of tribal and ethnographic art of African, Oceanic, American and Asian origin and fueled by bidding from an international audience including buyers in Nigeria, France, China and the U.K., achieved a final sale price of $969,000 against a high estimate of $928,200. Standout lots from the Tribal sale include; lot 147, a Fijian ancestral figure which sold for $137,500; lot 209, a bronze sculpture of the Hindu god Shiva from the 16th century which sold for $40,625; lot 105, a community power figure from the Songye people of the Congo which sold for $28,750 against a $18,000 high estimate; and lot 43, a headcrest from the Ekoi people of Nigeria which sold for $115,625, setting a new world record for the highest price achieved by an Ekoi headcrest at auction.
“Rago’s first major tribal sale proved to be a great success in netting just under a million dollars. It is noteworthy that this inaugural sale set a world record with the Ekoi headcrest, whose provenance includes The Helena Rubenstein Collection. Rago is currently seeking property for their next Tribal Art Sale, planned for fall of 2019.”
- John Buxton, Specialist in Charge
Lots of note from the weekend’s other sales include; lot 1143, a carved limestone sculpture titled "Crucfixion" by outside artist William Edmondson which sold for $175,000; lot 1106, a 2nd century Roman marble sculpture of a Bacchic Faun which nearly doubled its $15,000 high estimate to sell for $28,750; lot 461, a 74-piece Buccellati sterling silver flatware set which sold for $20,000; lot 1198, George Washington Mark's "Greenfield Street by Moonlight" which sold for $28,750; lot 1142, a Haida Argallite bust of a European man which sold for $18,750 against a $8,000 high estimate; and lot 612, a “Rio” rocking chaise lounge by Oscar Niemeyer which sold for $5,938, more than double its high estimate of $2,400.
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