Editors

The second Clark sale

EditorsJun 24, 2014

The second Clark sale

Everybody loves a mystery, and there is something particularly tantalizing about one that will never quite get solved.

Last week, I wrote about Christie’s auctioning the possessions of Huguette M. Clark, amazing pieces of artwork, antique furniture and musical instruments that had been untouched in her three New York City apartments for decades. The sale of “The Clark Family Treasures” follows the 2012 auction of her jewels.

I remember when Christie's first circulated information about Clark's jewels. They, like the rest of her possessions, had remained untouched for year, locked away in a bank vault and unworn. Christie's Rahul Kadakia called finding the hidden treasure remarkable. The collection then sold for more than $18 million, surpassing Christie's highest pre-sale estimate by $6 million.

What it proved, once again, is that it is difficult to put a price on provenance. How much are people going to be willing to pay over an item's estimated market worth just to say they owned something that was once the property of a specific person? And how much does an intriguing life add to this value?

Clark lived to be 104, the last surviving heiress from the Gilded Age with mansions in Connecticut and California in addition to her apartments in New York. Yet she voluntarily chose to live the last 20 years of her life in a room in New York’s Beth Israel Medical Center, and it seems no one will fully understand the reasons behind her decision.

The sale of the mysterious heiress’ rare books, artwork, antique furniture and other objects garnered $8.5 million. Interestingly, almost exactly half of the sale’s total, $4.3 million, was paid for one object, a painting by John Singer Sargent called Girl Fishing, signed by the artist in 1913.

[caption id="attachment_2395" align="aligncenter" width="600"]

John Singer Sargent lived from 1856 to 1925. His painting "Girl Fishing" was the top lot of Christie’s recent sale of Huguette M. Clark’s possessions. Photo credit: Christie’s Images Ltd.[/caption]

The next highest-grossing lot in the sale didn’t even come close to fetching what Girl Fishing garnered.

It was a painting by William Merritt Chase called A Water Fountain in Prospect Park, which sold for $461,000. The sale’s third highest-grossing lot (be still my nerdy, book-loving heart) was a copy of Walt Whitman’s Leaves of Grass, printed for the poet in Brooklyn in 1855. The book went for $305,000, more than double its highest pre-sale estimate.

[caption id="attachment_2396" align="aligncenter" width="600"]
"A Water Fountain in Prospect Park," painted circa 1886,

sold for more than $400,000 at Christie’s auction of “The Clark Family Treasures” held on June 18. Photo credit: Christie’s Images Ltd.[/caption]

A complete list of results from Christie’s “The Clark Family Treasures” sale is available on Christies.com.

Those who want to learn more about the life of this mysterious and reclusive woman can read Empty Mansions and/or The Phantom of Fifth Avenue, two recently published books about Clark’s life and death.

For those who don’t love books as much as I do, don’t despair. Writer-director Ryan Murphy, the creator of Glee, reportedly has optioned the rights to Empty Mansions for a movie.
Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

Mug shots of murder suspects Michael McCormack and Charles Robinson Shay
CrimeMay 03, 2024
Second Suspect Arrested in Murder of Colorado Jeweler

Wheat Ridge, Colorado police took a 50-year-old man into custody Wednesday following a two-month search.

Five Platinum Pieces
CollectionsMay 03, 2024
A Sneak Peek Into PGI’s Couture Platinum Spotlight Program

PGI partnered with four new and seven returning designers for its annual platinum capsule collection.

Kristie Nicolosi
MajorsMay 03, 2024
Kristie Nicolosi Joins WJA Board Again

Nicolosi, president and CEO of The Kingswood Company, previously sat on WJA’s board from 2011 to 2018.

national-jeweler-top-image-v1.jpg
Brought to you by
Rio’s Reimagined Podcast: For the Love of Jewelers

Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.

Karina Brez Bit of LUV Bracelet
CollectionsMay 03, 2024
Piece of the Week: A “Bit of LUV” for the Derby

Karina Brez’s race-ready piece is a sophisticated nod to the horse-rider relationship.

Weekly QuizMay 02, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these seven questions.
Take the Quiz
Stock image of handcuffs and gavel
CrimeMay 02, 2024
4 Indicted in Burglary Ring Targeting Indian, South Asian Families

The men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.

Horizon Campaign Collage
CollectionsMay 02, 2024
Foundrae Launches ‘Horizon’ Collection

“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.

1-(3.18).JPG
Brought to you by
The Blueprint for Success in Scalable, Personalized Jewelry Retail

With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.

Pandora jewelry
FinancialsMay 02, 2024
Pandora Raises Guidance After Strong Q1

The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.

Glenn Lewis
IndependentsMay 02, 2024
Oklahoma Jeweler Glenn Lewis Dies at 68

The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.

The back of the Baume & Mercier watch Elvis gave to Dodie Marshall
AuctionsMay 02, 2024
Vintage Baume & Mercier With Ties to Elvis Sells for $7K

Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”

Harwell Godfrey
IndependentsMay 01, 2024
Harwell Godfrey Opens First Store

It is located in Marin County, California.

Woman holding a dress
SurveysMay 01, 2024
Consumer Confidence Falls in April

Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.

Syna emerald earrings
TrendsMay 01, 2024
Amanda’s Style File: All Eyes on Emeralds

May’s birthstone is beloved for its rich green hue and its versatility.

Jacqui Larsson Looking at a Diamond
SourcingMay 01, 2024
Opsydia Names New Sales and Marketing Director

Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.

Stock image crime handcuffs
CrimeMay 01, 2024
Grand Jury to Hear Case Against Jeweler Charged in Fatal Shove Following IJO Show

Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.

Tiffany Blue Book 2024: Tiffany Céleste Wings Pendant
CollectionsApr 30, 2024
12 Otherworldly Pieces From Tiffany & Co.’s 2024 Blue Book

The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.

Zales 100th Anniversary Marketing Campaign
MajorsApr 30, 2024
Zales Celebrates 100 Years With New Campaign

The brand also created a 100-carat lab-grown diamond necklace in honor of its centennial.

Tim Schlick
MajorsApr 30, 2024
Platinum Guild International Appoints New CEO

Tim Schlick has been promoted from his previous position as COO.

Canadian Jewellers Association logo
Events & AwardsApr 30, 2024
Canadian Jewellers Association Brings Back the Summit

It’s the second year for the event, slated to take place in October in Toronto.

Supplier Spotlight -GIA -Recorded-Webinar.png
Recorded WebinarsApr 29, 2024
Watch: Diamond Identification and Evaluation - How to Protect your Business

Supplier Spotlight Sponsored by GIA

De Beers polished in tweezers
SourcingApr 29, 2024
De Beers to Move Auction HQ from Singapore to Botswana

Sales will be paused while the relocation takes place over the next few months.

Simone I. Smith SIS x MISA Denim and Diamonds
CollectionsApr 29, 2024
Simone I. Smith Mixes Denim and Diamonds in New Collection

“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.

Venus Jewelers Logo
IndependentsApr 29, 2024
Venus Jewelers Relocating After 45 Years

The retailer is moving to a newly designed space in the same shopping center.

Established Mom tattoo pendant
SurveysApr 29, 2024
Mother’s Day Jewelry Spending to Reach $7B, Says NRF

Gifts that are unique and thoughtful are top of mind this year, according to the annual survey.

Jacquie Aiche’s Starry Galaxy Inlay Necklace
CollectionsApr 26, 2024
Piece of the Week: Jacquie Aiche’s Starry Galaxy Necklace

The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.

Gemological Institute of America headquarters
Events & AwardsApr 26, 2024
AGS Conclave and GIA Symposium Are Converging

The two organizations will host a joint event, “Converge,” in September 2025.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy