Leland Little Auction & Estate Sales (LLAES), Ltd. held their highly-anticipated Two-Day Summer Estate Catalogued Auction, June 15 & 16, 2012, selling over $1.5 Million in Fine Art, Jewelry, Antiques, Fine Wine, and other fine objects.
This sale marks the sixth consecutive $1 Million+ auction conducted by the North Carolina-based auction company. The complete auction results for the auction can be found on-line.
The auction gallery was pleased to host over 350 floor bidders who attended the two-day sale. Bidders unable to attend the sale left over 2200 absentee and phone bids. In addition, over 1200 bidders watched and participated in the auction on-line, from more than 50 countries around the world.
LLAES, Ltd. continues to acquire and offer top-level consignments from the Southeast region, with auctioneer Leland Little saying, “Our team is grateful for such extraordinary performance as we work towards prolonged growth in the auction industry. The momentum and demand for top-level objects in all categories continue to exceed expectations.”
Fine Art offerings were diverse and of top quality, including a Pair of Italian Old Master Paintings, which, driven by strong phone and on-line bidding, achieved $67,850 (results include an 18% buyer’s premium). A charming work by William Lathrop (NY/PA, 1859-1938) brought $11,800, and a group of three China Trade paintings (one pictured at right) sold for a total of $100,700.
Estate jewelry lots demonstrated considerable strength, led by an Important 14.47 carat Sapphire and Diamond Ring that sold for $47,200, and a Platinum and Diamond Ring that brought $20,650. A pair of Tiffany & Co. Aquamarine and Diamond Earrings achieved $11,800, while an 18KT Cartier Tank Watch with Arabic numerals sold for $2,360.
Other lots of interest included a Sicilian Coral & Gilt Holy Water Stoup from the collection of Jeff & Betsy Penn of the Chinqua Penn Plantation in Reidsville, NC, that attracted international bidders and soared to $86,250, a Southern Tiger Maple Federal Sideboard selling for $10,915, a Dorflinger jar mounted with a sterling silver collar that achieved $38,940, and a Chinese Painting of a Horse with Grooms selling for $37,760.
The Rare & Fine Wine session of the two-day sale became the highest-grossing wine auction to date with over a quarter-million dollars in sales. It was led by a bottle of 1990 Romanee-Conti, Domaine Romanee-Conti, which sold for $16,520. Four lots of 1990 La Tache, Domaine Romanee-Conti, 2 bottles, each sold for $7,080.
LLAES, Ltd. is always seeking quality consignments, whether it be an entire estate or a significant item. If you would like to discuss selling please call the gallery at 919-644-1243 or email at email@example.com.