Auction Review – October 2021
$497,095 IN SALES
Against a pre-sale estimate of $212,250 - 300,175
11 Countries
We had winning bidders from Australia, Canada, China, Germany, Malta, Poland, Russia, Turkey, Ukraine, United Kingdom and the United States
94.51% Sell Through
We successfully sold 482 of the 510 lots offered
SelectED AUCTION Highlights
Henry Faulkner (American, 1924-1981) Oil on Masonite
Sold for $21,240
Standing Liberty Quarter 25c Partial Set
Sold for $14,520
Bust and Seated Liberty Half Dime (H10c) Partial Set
Sold for $13,530
Walking Liberty Half Dollar 50c Near Set
Sold for $13,530
The Auctioneer's View
I was thrilled with the overall results of our October Auction. Coins were particularly strong this month, led by a fantastic estate sale collection that sold for $229,986! Fine Art continues to perform well as collectors are always eager for fresh to market pieces from listed artists. This was especially true for the oil on masonite by Henry Faulkner that sold for an impressive $21,240, more than 5x the high pre-sale estimate!
We utilized five different online bidding platforms for this sale in additional to our in-house absentee and telephone bidding. From tracking the bids on each platform, we generated sales that were 28.22% higher than using a single platform. This increase in bids contributed an additional $115,550 in auction sales for our consignors!
John Leonard
President & Auctioneer
From the Auction Consignment Team
What makes a good auction great?
For one, having the right mix of item. This was abundantly clear in our October sale showing us that we can have a five-figure painting and a five-figure coin lot sell successfully in the same auction.
Traditionally, auction houses want to keep like items together, thus having a “coin sale” or a “fine art sale.” Here at Leonard Auction, we want to offer a great mix of items every month. Not only does this help our consignors feel less anxious, but it also excites our buyers by keeping the auction dynamics fresh! Since we offer full estate auctions every month, our consignors do not need to wait months for their items to go live into “special sales.” This in turn offers you a simple solution to help find new homes for your treasures quickly.
Victoria West
Director of Sales
Department Highlights
Jewelry:
ABL 18k Gold and Diamond Ring
Sold for $6,150
Pottery & Porcelain:
Porcelain Cup and Saucer Assortment
Sold for $861
Watches:
Rolex Oyster Datejust Wristwatch
Sold for $4,305
Collectibles:
Pinback and Sash Assortment
Sold for $1,230
Fine Art:
Henry Faulkner Oil on Masonite
Sold for $21,240
Modern Design:
Herman Miller "Eiffel Tower" Chair Collection
Sold for $615
Fashion:
Designer Shoe Assortment
Sold for $2,952
Decorative Arts:
Southwestern and Mexican Decorative Assortment
Sold for $3,198
Silver:
S. Kirk & Sons Silver Flatware
Sold for $2,057
Furniture:
Asian Style Cloisonne Panel Dining Table
Sold for $1,107
Instruments & Electronics:
Leica R8 Cameras with Boxes
Sold for $2,460
Asian Arts:
Jadeite Jade and Soapstone
Sold for $9,440
Glass & Crystal:
Fostoria "Versailles Topaz" Stemware Assortment
Sold for $799
Coins & Currency:
Standing Liberty Quarter Partial Set
Sold for $14,520