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All Posts Tagged With: "Morton & Eden"

Russian Orders Fetch Unprecedented Prices at Morton & Eden Auction

MAGNIFICENT ORDERS GIVEN BY TSAR NICHOLAS I OF RUSSIA, LEOPOLD I OF BELGIUM, OTHO OF GREECE AND WILLIAM IV TO FIRST EARL OF DURHAM SELL FOR £4 MILLION IN LONDON AUCTION

RUSSIAN ORDERS FETCH UNPRECEDENTED PRICES
• Order of St Andrew insignia sells for £1,320,000 (world auction record)
• Order of the White Eagle insignia sells for £852,000
• Order of St Alexander Nevsky insignia sells for £576,000
• Order of St Anne Grand Cross insignia sells for £372,000

A magnificent group of recently rediscovered Orders of Knighthood conferred during the 1830s upon John George Lambton, “Radical Jack”, the first Earl of Durham, by Tsar Nicholas I of Russia, Leopold I of Belgium, Otho of Greece and William IV of England, were sold for a total of £4,057,080 by specialist London auctioneers Morton & Eden in association with Sotheby’s today (Thursday 10 June 2010). The sale had been expected to raise £500,000.

Bidders in the room, on a bank of telephones and on the Internet ignored pre-sale estimates and spent freely on the unique collection which was being sold by a descendant.

The Orders comprised the Russian Order of St. Andrew (the highest honour the Tsar could bestow), which sold for a world auction record £1,320,000 against an estimate of £140,000-180,000; the associated Orders of St Alexander Nevsky (sold for £576,000, estimate £80,000-120,000); the White Eagle (sold for £852,000, estimate £80,000-120,00) and St Anne (£372,000, estimate £30,000-40,000). In addition, the Belgian Order of Leopold I sold for £19,200; the Greek Order of the Redeemer for £21,600, and the British Order of the Bath for £24,000.

Breast stars for the Order of St Andrew made by Nicholls and Plinke in St Petersburg and Rundell Bridge & Co., in London sold for £180,000 and £120,000 against an estimates of £5,000-7,000 respectively and a miniature collar and badge of the Order of St Andrew by Wilhelm Kämmerer of St Petersburg in 1838 sold for £240,000 against an estimate of £20,000-30,000.

Even the fitted mahogany box specially commissioned in 1838 to transport the Earl’s orders was wanted. Estimated at £600-800, it sold for £12,000.

The sale, in which every one of the 22 lots sold, was taken by Lord Poltimore, the Chairman of Sotheby’s Russia. Bidding battles were long and involved as Russian and Russian-speaking agents spoke to their clients by mobile phones, while bids also came from the packed saleroom, on the Internet and from a bank of telephones.

Bidding increments were also unpredictable. Lots which opened at a few thousand pounds suddenly leapt into the tens of thousands and beyond, while in some cases bidding rose by £100,000 at a time. There was applause when the Order of St Andrew insignia was hammered down for a world auction record price. (more…)

Morton & Eden’s sale of The Stack Collection of Renaissance Medals Brings £1.8 million

The sale was 100% sold and set a record for an historical medal

A collection of important Renaissance medals formed by leading New York dealer-collector Lawrence R. Stack was sold by specialist auctioneers Morton & Eden in London on December 9 2009.

The sale represented the most important offering of 15th and 16th century medals from Italy, France, Germany and the Low Countries to come onto the market since before the Second World War, when the Rosenheim and Oppenheimer collections were sold by Sotheby’s and Christie’s in 1923 and 1936 respectively.

The Highlight of the sale was a gold medal of Mary Tudor by Jacopo da Trezzo formerly in the Rothschild and Gaines collections and one of only two known. The medal was made in 1554, the year of her marriage to the future Philip II of Spain and was recently on display at the National Gallery, London, as part of the exhibition “Renaissance Faces”.

Below is a summary of the catalog Description:

Lot 136 – JACOPO NIZZOLA DA TREZZO (c. 1514-1589) – SOLD FOR £276,000

Mary Tudor (1516-1558), Queen of England, 1553-1558, gold medal, MARIA I REG ANGL FRANC ET HIB FIDEI DEFENSATRIX (Mary I, Queen of England, France and Ireland, Defender of the Faith), bust left, wearing an ornately embroidered gown, a brooch with pendant pearl at the breast, and a cap adorned with jewels, with a veil falling down the back. (more…)

THE LAWRENCE STACK COLLECTION OF RENAISSANCE MEDALS TO BE OFFERED IN DECEMBER

£2 million sale will be conducted by Morton & Eden in London on December 9

lstacks_mary_tudor_medalA collection of important Renaissance medals formed by leading New York dealer-collector Lawrence R. Stack will be sold by specialist auctioneers Morton & Eden in London on December 9 2009. The medals will be sold without reserve and are expected to raise a total of around £2 million.

The sale represents the most important offering of 15th and 16th century medals from Italy, France, Germany and the Low Countries to come onto the market since before the Second World War, when the Rosenheim and Oppenheimer collections were sold by Sotheby’s and Christie’s in 1923 and 1936 respectively.

The collection was assembled by Mr. Stack, who saw an opportunity to buy into a market which had been somewhat overlooked by collectors. As with other significant collections assembled by Mr. Stack, including, for instance, an important collection of early English coins sold by Sotheby’s in 1999, the medals were owned as a partnership. With Mr. Stack’s recent departure from the firm which bears his family name, the partnership profile changed and it was decided that the only equitable manner of dividing the collection was to offer it for sale at public auction. Mr. Stack himself continues to be a devotee of Renaissance art and art history and intends to remain an active collector in this field.

The decision to sell was not taken lightly and the medals are being offered for sale without reserve to encourage new buyers into the field. The entire collection of 350 pieces is estimated to fetch in the region of £2 million.
(more…)