Wednesday, June 04, 2008

Werff pleased with Summers Place sealed bid results

Above: Falcon II set on a natural stone base, by Chris Drury, (Britsh born Sri Lanka, 1948), estimate: £1200-1800, hammer price: £2599

Above: A composition stone figure of a goddess on a pedestal, second half of the twentieth century, estimate: £800-1200, hammer price: £1706

Above: 'Resolve' by Thomas Joynes and Adam Paddon, enamelled stainless steel, estimate: £2000-3000, hammer price: £3600

Above: The highest selling piece a modern group of three divers, estimate: £10000-15000, hammer price: £13000

Summers Place Auctions, Billingshurst, Sussex UK

SEALED bids, after the recent Summers Place live auction at Billingshurst, were opened on Tuesday 27th May. Rupert van der Werff said, "A group of three modern stainless steel divers were top of the sealed bid lots fetching £13,000. Contemporary sculpture was the strongest area as just about everything sold, and sold well. There are two markets operating and the contemporary one is very strong, and we will continue to expand into this area [what is the other market?-ed]. Private treaty is closing in a few weeks for the large architectural bits, in which we have had alot of interest. A number of unsold lots from the live auction and the sealed bid auction have also been sold via private treaty. We were pretty pleased with the sale given the current financial difficulties, particularly in the second tier market in which these lots appeared. Sixty six percent were sold by lot, not including fossil. We were delighted that the new initiative paid off, as it was a risk."

Summers Place Auctions
Summers Place Auctions video preview

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