SYED HAIDER RAZA PAINTING SELLS FOR $51,850 IN RAGO’S JUNE 19TH GREAT ESTATES AUCTION Lambertville, NJ The June 19, 2010 Estate Auction at the Rago Arts and Auction Center brought in $442,464; a triumph for an end of auction season sale. The sale was coupled with the 950+ lot June 1
News-Antique.com - Jul 06,2010 - The most exciting lot of the day was an acrylic on canvas entitled "La Nuit" by Syed Haider Raza which sold for $51,850, surpassing the modest estimate of $2,500-3,500. Raza is a well-known Indian artist who lived and worked in France for much of his life. His works are mostly abstracts done in oil or acrylic and have fetched as much as $3.4 million at auction.
Another highlight in the sale was a baseball autographed by Babe Ruth, which reached $6,710. The official American League ball (stamped William Harridge) was inscribed 'To Billy from Babe Ruth'. 'Billy' was the nephew of the editor of 'Sporting News,' Armond Van Pelt, who had Babe Ruth sign this baseball during a radio interview in the 1930's.
“Auction result were better than adequate for an end of auction season grouping of more than 1300 lots over two days,” said Tom Martin, the Rago Estates specialist. “Consecutively strong results were achieved for the rare and unusual and there were a few bargains for the savvy buyer who was paying attention during the course of two sessions. A perfect match for buyer and seller!”
Highlighted Top Lots:
1. 128 Syed Haider Raza, “La Nuit”, Acrylic on canvas $51,850
2. 39 Steinway Grand Piano, Late 19th C. $12,200
3. 179 Josiah Rushton, Royal Worcester Majolica Urn $9,760
4. 10 Victorian Gas Chandelier, Electrified, 19th C. $8,540
5. 233 Babe Ruth Autographed Baseball $6,710
6. 318 Japanese Bronze Relief Panel $6,710
7. 268 Inuit Bow Drill, Walrus Ivory $6,100
8. 92 Albert Ernest Carrier-Belleuse, Tiffany & Co. $5,795
9. 188 Silver Chinese Cloisonné Dragon-Shaped Gilded Barge $5,490
10. 278 Martin Van Der Meytens, “Ferdinand Von Habsburg” $4,880
Rago will hold its next Discovery Auction on September 10, 2010 and Great Estates/Jewelry on December 4/5, 2010. Consignments are now being accepted for this (and all other) auctions: 609.397.9374 or info@ragoarts.com.
TO THE EDITOR
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About Rago Arts and Auction Center
Since 1994, Rago's has served thousands of sellers and buyers with a singular blend of global reach and personal service. First specializing in 20th century design, Rago's expertise now covers centuries of fine art, decorative arts, furnishings, jewelry and ethnographic artifacts. It is a world-class venue through which to buy and sell. It is also a destination for those who seek to learn and share knowledge about art, antiques and collecting, with free valuations for personal property (from a single piece to collections and estates) and auction exhibitions in house and online.