BONHAMS ENDS 2012 WITH OVER 30 NEW WORLD AUCTION RECORDS
Following a successful year Bonhams has finished 2012 with over 30 new world auction records. From vintage cars to contemporary African art Bonhams’ areas of expertise are ever expanding.
The South African and Contemporary African art department have maintained their stronghold as global leaders. Ghanaian-born, Nigeria based El Anatsui’s ‘New World Map’ fetched £541,250, setting a world auction record for the artist at New Bond Street on 23rd May. World records were also set on 17th October at the South African Sale for Jacob Hendrik Pierneef’s ‘Cape farmlands’ fetching £289,250 and breaking its pre-sale estimate of £70,000-£100,000. Vladimir Tretchikoff’s ‘Portrait of Lenka (Red Jacket)’ also smashed its pre-sale estimate of £50,000- £80,000 to achieve £337,250.
The Motor Car team has had an incredibly successful year with the highlight being the sale of the ex-Sir Henry ‘Tim’ Birkin, Brooklands Outer Circuit lap-record-breaking 1929-31 Bentley 4½-Litre Supercharged 'Blower' Single-Seater at the Goodwood Festival of Speed on 29th June for £5,041,500. This set a new auction record for a Bentley and became the most valuable British car sold at auction. At the same sale 'The Corgi' 1912 Rolls-Royce 40/50hp 'Silver Ghost' Double Pullman Limousine set a record price for a Rolls-Royce at auction, breaking Bonhams’ own record set in December 2007. It sold for £4,705,500.
In the 19th Century Paintings Drawings and Watercolours sale at New Bond Street on 11th July, a new world record was set for Philip Hermogenes Calderon, RA (1833-1898). Calderon’s painting 'Captain of the Eleven', a popular Victorian sporting image, sold for £289,250 exceeding its estimate of £100,000-£150,000.
Further afield Hong Kong has ended the year with a bang. On 23rd November the record for the most expensive Sri Lankan sapphire sold at auction was set at US$36,000 per carat and totalling HK$12,084,000 (£979,000). Another record was set for the most expensive Leica Luxus I camera sold at auction for HK$7,460,000 (£603,837) at the Leica sale, also on the 23rd November.
The strength of Asian art has been one of the key trends in 2012. In September the New York sale room established a world record price for a Mon Dvaravati bronze sculpture when the Eilenberg Buddha, circa 8th century, sold for US$674,500 (£418,290) at Bonhams' Indian, Himalayan & Southeast Asian Art sale. On 6th November another record was broken at New Bond Street when a fine large wood netsuke of a tiger by Naito Toyomasa (1773-1856) sold for £103,250, surpassing its pre-sale estimate of £35,000-£40,000.
Bonhams has broken records, smashed estimates and exceeded expectations this year. Looking to 2013 Bonhams will kick off the year with a motorcycle sale in Las Vegas on 10th January and will start the London sales with 19th Century Paintings, Drawings and Watercolours at New Bond Street on 23rd January.
Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to www.bonhams.com.
