A large collection of treasures from the Rothschild family’s private collection will be auctioned in North America for the first time and could fetch as much as $30 million.
Art, furniture, jewellery, ceramics and silver owned by the banking dynasty will be sold by Christie’s in New York in several auctions from October 11.
The sale, titled Rothschild Masterpieces, includes more than 600 items that once belonged to Baron James de Rothschild, his wife Betty and their sons Baron Alphonse and Baron Gustav.
A 17th-century oil on panel titled “A Young Woman Holding a Rabbit with a Boy at a Window” is among the most coveted and is estimated to sell for between $3 million and $5 million.
Other Rothschild items include a series of gilt leather panels “unseen in public for 150 years” by a follower of Rembrandt, expected to sell for $1.5 million, and a pair of late silver wood fauteuils by Louis XV and painted white, worth up to $1. million.
A large collection of treasures from the Rothschild family’s private collection will be auctioned in North America for the first time and could fetch as much as $30 million. Pictured- Five-figure hard rock-mounted closet worth up to $1 million
Art, furniture, jewellery, ceramics and silver owned by the banking dynasty will be sold by Christie’s in New York in several auctions from October 11.
A 17th-century oil on panel titled “A Young Woman Holding a Rabbit with a Boy at a Window” is among the most coveted and is estimated to sell for between $3 million and $5 million.
The green porcelain dinner and desert set is expected to sell for up to $150,000
The treasure trove comes from the houses of Baron James in Paris and Château de Ferrières, which were so impressive that they had the goût Rothschild style named after them.
The items remained in the hands of their descendants for decades.
“This week of auctions will make history,” said Christie’s deputy chairman Jonathan Rendell. New York Post.
“For the first time, one of Europe’s greatest collecting families is offering its important and intimate heritage at auction in the United States.
The quality of the over 600 objects in these sales is as exceptional as the range.
“During the 19th century, the Rothschild family collection was legendary.”
He added: “Rothschild’s masterpieces are already causing a stir in the market.”
Other items in the sale include a first-century Roman Sardonyx cameo portrait of the Roman emperor Claudius, which is expected to fetch between $200,000 and $300,000.
Two bronze marble busts of the emperors Marcus Aurelius and Lucius Verus that could sell for $400,000
Rare set of King Louis XV Savonnerie panels expected to sell for $150,000
The treasures come from the houses of Baron James in Paris and the Château de Ferrières, which were so impressive that they had the goût Rothschild style named after them.
Painting of David’s triumph which is worth up to 2 million dollars
The last time this item was auctioned at Christie’s in 1899, it sold for about $4,500, worth about $496,000 today, before it was bought by the Rothschilds.
“These are things that have been kept away since the late 19th century. And if you didn’t know this particular branch of the family, you wouldn’t have seen them,” Rendell said CNN.
“It’s not the kind of thing we usually play with in New York. You’re more likely to see a sale like this in Europe.
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The Rothschild family porcelain tureen, placemat and stand set will also be auctioned and are expected to fetch up to $50,000.
Furniture, ceramics, silver, tapestries and jewelery which demonstrate their unique taste, described by Rendell as “a remarkable combination of the flamboyant and the domestic”, are also up for auction.
“This is the kind of thing that, 100 years ago, 150 years ago, the market would have gone crazy about. We don’t have much of this type of material for sale anymore,” he added.
Those strapped for cash are able to bid on items online from $100.
Italian ormolu-mounted cabinetry on a stand that can fetch up to $500,000
Piece painted by Francesco Xanto Avelli in a workshop of 1541
Portuguese oil of silver worth about $300,000
King Louis XV patinated bronze and ormolu watch with an elephant – expected to sell for up to $90,000
Most of the items are currently on a world tour, but will be auctioned at Christie’s Rockefeller Plaza headquarters on the evening of October 11.
The sale will then continue on the mornings of October 12 and 13 with an online sale from October 3 to 17.
Members of the French branch of the Rothschild family are said to have specifically wanted the sale to take place in New York. Part of the family lived in the US during World War II.
Rendell pointed to a ‘streamlining’ and a ‘generational change’ as possible reasons the collection is now being sold.
“Not everyone lives like a 19th-century Rothschild, even the Rothschilds,” he said.
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