Tuesday, April 7, 2009

The Southam's Estate Sale Was a Mixed Bag

IT DID NOT SELL. Poor little thing.

By John Mackie, Vancouver Sun: A Queen Anne settee that used to anchor the front hallway at Gordon and Jean Southam’s Shaughnessy mansion sold for $80,000 US Tuesday at a Christie’s auction in New York.

It was by far the highest price paid for any of the 83 lots from the Southam estate in the sale, which had very mixed results.

The elegant settee, dating to 1710, was one of the only Southam pieces to meet its pre-auction estimate. Seventeen Southam lots failed to meet their reserve and went unsold, including a George I walnut chest of drawers that had an estimate of $70,000 to $100,000 US.

The 66 Southam lots that did sell went for an unofficial total of $323,879 US.

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