RESULTS - The Collection of Charles Ryskamp - Sotheby's New York, 25 January 2011
Old Masters Week opened today at Sotheby’s New York with the dedicated auction of Property from the Collection of Charles Ryskamp, which exceeded its high estimate in achieving $1,628,727 (est. $800,000/1.2 million*). Many bidders competed in the room and by phone for drawings, furniture and decorations from Mr. Ryskamp’s private residences in New York City and Princeton, New Jersey, which resulted in several works greatly surpassing their pre-sale estimates.
Mr. Ryskamp served as Director of The Pierpont Morgan Library, now The Morgan Library & Museum, and the Frick Collection for a combined nearly 30 years, helping to make both institutions among the most prestigious museums in New York City. The works on offer today were sold for the primary benefit of Princeton University, where Mr. Ryskamp began his academic career.
“We are very pleased with the results of today’s auction of the collection of Charles Ryskamp, which exceeded our expectations,” commented Elaine Whitmire, Sotheby’s Vice Chairman. “Mr. Ryskamp played a prominent role in the New York art-world, and the buyers in today’s sale now hold a very personal piece of his unique aesthetic and passion for collecting.”
