Chinese cabinet fetches $49,500 at Elder's online sale An exquisitely inlaid Chinese cabinet made during the time of the Qianlong Dynasty (1736-1795) sold for $49,500 in an online auction held Oct. 16-30 by Elder's Fine Arts & Antiques of Nokomis, Fla.
News-Antique.com - Nov 30,-0001 - CHINESE 18th-CENTURY CABINET FROM THE QIANLONG DYNASTY
REALIZES $49,500 IN ONLINE AUCTION HELD OCT. 16-30 BY ELDER’S
(Nokomis, Fla.) – An exquisitely inlaid Chinese cabinet made during the time of the Qianlong Dynasty (1736-1795) sold to a Hong Kong buyer for $49,500 in an online auction held October 16-30 by Elder’s Fine Arts & Antiques of Nokomis, Fla. Prices quoted include a 20% buyer’s premium.
The inlaid hardstone and ivory carved cabinet was the top lot in a sale that saw 284 of 362 items sold, in a reserve online auction. “That’s right around 78% sell-through, which is pretty huge,” said Don Elder, owner of Elder’s Fine Art & Antiques. “I’m very happy with the results.” Elder said the auction totaled about $325,000.
The top four lots were Chinese pieces, a fact that was probably no coincidence, as Elder specializes in Oriental antiques. “I’ve always been naturally drawn to Asian items,” he said, “and the market for Chinese antiques especially – with the Chinese economy booming and more players entering the antiques market – makes now a very good time.”
Online bidding for the sale was facilitated by iGavel.com, of which Elder is a charter member. “Obviously, the Internet component was a big help for an auction that featured so many Asian antiques,” Elder said. “We had aggressive bids pouring in from all corners of the globe, but especially China and Hong Kong.”
There was an online preview at the firm’s website – eldersantiques.com – as well as a two-day, on-site exhibition, held October 27-28 at the Elder’s Antiques gallery in Nokomis. Nokomis is located south of Sarasota. Elder’s gallery is on the southwest corner of US41 and Colonial Lane, on Tamiami Trail (US 41).
The second top lot was a Chinese Qing Dynasty carved pale celadon white jade vase, which brought $36,012. After that, two items both sold for nearly identical sums, at just more than $31,200: one was a Chinese Qing Dynasty carved white jade “Gu” form vase; the other was a beautiful Chinese celadon jade figural grouping.
The top non-Chinese lot was a gorgeous American Federal period inlaid mahogany games table (circa 1790), which sold to an American buyer for $14,400. Also, a pair of Continental 19th-century gilt bronze plaques made in Italy sparked intense bidder interest, finally going to an Italian bidder for $10,260.
Fine art was also prominently featured. The top lot was an oil-on-panel attributed to Adolph Schreyer (German, 1828-1899). Depicting Arab horsemen, the painting commanded $7,500. On its heels was an oil-on-canvas by the Italian artist Cesare Auguste Detti (1847-1914). The work, titled “A Halt For Refreshment”, made $7,020.
Also featured were over 130 works by the American artist Wells Moses Sawyer (1863-1961). About 150 of Mr. Sawyer’s paintings were sold in a previous online auction also held by Elder’s, as the firm was able to secure the collection of the artist’s daughter, Helen Sawyer. The works were de-accessioned from a Florida museum.
The top lot from the Sawyer group was an oil-on-canvas