7.7.10

SOTHEBY'S SELLS SILVER WINE COOLER FOR RECORD AMOUNT


THE MOST IMPORTANT PIECE OF ENGLISH SILVER TO COME TO THE MARKET IN 50 YEARS, A MONUMENTAL SILVER WINE COOLER, WEIGHING 168 POUNDS AND MEASURING WELL OVER A METER ACROSS, SOLD RECENTLY AT SOTHEBY'S FOR £2,505,250, ESTABLISHING A NEW RECORD PRICE FOR ENGLISH SILVER. THE SPECTACULAR CISTERN, AS 'LARGE AS A SMALL 'BATHING-TUB', SOLD TO A PRIVATE ASIAN BUYER. IT WAS LOT 8 IN SOTHEBY'S SALE OF 'TREASURES', A 21-LOT SALE WHICH REALIZED AN ABOVE-ESTIMATE TOTAL OF £13,951,250. A SPOKESPERSON FOR SOTHEBY'S SAID ABOUT THE SALE: 'TODAY'S VERY SUCCESSFUL RESULTS REPRESENT A FANTASTIC ACHIEVEMENT IN THE FIELD OF DECORATIVE ARTS. THESE EXTRAORDINARY RARE TREASURES WITH HIGHLY DESIRABLE ARISTOCRATIC PROVENANCE SPARKED COMPETITION FROM PRIVATE COLLECTORS AND INSTITUTIONAL BUYERS ALIKE AS WELL AS THE TRADE AND THERE WAS BIDDING AND BUYING FROM EUROPE, THE UNITED STATES, RUSSIA, ASIA AND THE MIDDLE EAST.

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