Christie's Sells $5.68m Chippendale Table
Christie’s has a tale of auction fever to tell:
An 18th century mahogany bureau table carved by Newport’s most celebrated cabinetmaker sold for a stunning $5.7 million at Christie’s New York on Friday morning, placing it among the highest auction prices ever realized for an item of American furniture. Offered at $700,000-900,000, the table was pursued by multiple bidders, who rapidly drove the price to the $3 million dollar threshold. From there on two dedicated bidders in the saleroom battled back and forth for the handsomely carved table before a hushed audience of clients and onlookers, until auctioneer John Hays dropped the gavel at $5 million. With premium, the final price realized was $5,682,500.Continue Reading