The Thrilling Three
Philips record breaking run of three major auctions in a row has been a great success with a huge attendance of over 500 bidders and thrilling outcomes for buyers and sellers alike. Beginning with a most successful Decorative Arts auction on the Sunday afternoon, Philips followed with their customary jewellery auction the following Monday evening, and then completed the stunning trifecta with a massive, single estate fob watch sale on Tuesday that saw an amazing clearance rate of 99%.
As usual, Decorative Arts proved to be a hotly contested bonanza, with an extremely high clearance rate of 88% that was characterised by the achievement of very solid prices throughout the sale. Strong performers included the categories of clocks, porcelain and paintings, along with unusual items such as a fascinating Georgian horizontal brass sundial, and wonderful antique ivory elephant that attracted eager bidding.
Impressive results were witnessed with the complete clearance of a large collection of Lalique which sold well above estimate, all antique English porcelain which also experienced very strong buying, and a fantastic result from the large range of fine furniture on offer. Highlights of the afternoon included the complete sale of a single collection of paintings, a very strong showing from rugs, and great interest in curiosities including a fascinating antique Chinese painted wood and gesso Guanyin.
Monday evening’s Jewellery auction attracted a large crowd of 131 eager bidders, achieving a very satisfying sales result and high clearance rate. Highlights of the sale included a great showing of diamond solitaire rings, bangles, beautiful high quality pearls, and a magnificent diamond set collier.
Come Tuesday night, Philips was buzzing as the occasion of the massive fob watch sale arrived, and what a great success it was! Of over 160 lots, only one remained at the end of the evening providing a colossal 99% clearance rate with most items well exceeding estimate. With so many top quality watches from a lovingly assembled single collection, it was not hard to see why. Top sellers included a solid gold Rolex wristwatch at $6,830, a James McCabe full hunter pocket for $4,880, a Swiss open faced full sized chronograph pocket watch for $3,170, and a fine Brush & Drummond full hunter at top of estimate for $2,800.
Commenting on the great run of three auctions, Director Tony Philips said “These results show that we did extremely well across all three auctions, particularly in the face of strong competition from other auctions held during the weekend. It demonstrates the strong following that Philips has been able to build over many successful years delivering great results for purchasers and vendors.”
After a chance to catch your breath, look forward to the next Philips auction in September which among a great range of diverse offerings will feature a magnificent collection of over 90 scent bottles. This will be a huge sales event and not one to miss! Doors open at 11am for registration with the auction commencing at 12pm.
Fine and Decorative Arts - Sunday 16th September 2018
Modern and Antique Jewellery - Monday 17th September 2018
Wednesday 12th September 9 am - 7 pm
Thursday 13th September 9 am - 5 pm
Friday 14th September 9 am - 5 pm
Saturday 15th September 12 noon - 5 pm
Jewellery - Monday 17th September 3 pm - 5.30 pm