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Painting Soars to $1.8 Million
at New Years Day Auction


 

WINDSOR, Conn. – Only a few times has an item ever sold for over $1 million at a Connecticut auction, but this very rare feat occurred on New Years Day 2018 when an
oil- on- board painting by American artist Wayne Thiebaud, titled "Lollipop Tree," soared to $1.08 million at Nadeau’s Auction Gallery’s annual New Year’s Day auction.

With a pre-sale estimate of $400,000 to $800,000, the painting was easily the auction’s expected top lot, but what wasn’t expected was the fact that it finished at more than $200,000 beyond even the high figure. The colorful and whimsical painting, 13 inches by 10 ¼ inches, was artist signed and dated 1969 in pencil and still had the Allan Stone Galleries of New York label from 1970 on the back.

Wayne Thiebaud is a pop artist widely known for his colorful works depicting everyday objects, such as pies, lipstick, paint cans, ice cream cones, pastries and hot dogs. But he’s also renowned for his landscapes and figural paintings. He uses heavy pigment and exaggerated colors to depict his subjects, and the well-defined shadows characteristic of advertisements are usually evident.

In all, nearly 700 quality lots came up for bid, online and in Nadeau’s Gallery at 25 Meadow Road in Windsor. LiveAuctioneers.com, Bidsquare.com, and Invaluable.com, as well as the gallery’s website, took online bids. Phone and absentee bids were also taken. Overall the sale grossed $3.1 million, a new record for Nadeau.

“This was by far and away the largest and the strongest sale in our company’s history,” said Ed Nadeau, owner of Nadeau’s Auction Gallery. “Breaking the $3 million barrier was a first for us, and we saw strong results across all categories, even to include furniture, which has been quite soft for the past few years."

All prices quoted for the following items include the buyer’s premium.

A lovely art glass vaso mosaico or mosaic vase, executed by the Italian entrepreneur and designer Ercole Barovier, sailed past its $30,000 to $50,000 estimate to finish at $108,000. The 9½-inch-tall vase, circa 1925, consisted of clear glass with a mosaic pattern of clear, cobalt, amethyst and emerald. Ercole Barovier was the son of glass furnace owner Benvenuto Barovier.

The fine selection of Victorian furnishings from the estate of Frank Perotti was led by a pair of Renaissance Revival walnut and burl walnut cabinets, 75 inches tall, with pierce carved tops over bronze panels over marble tops, made $39,000, and a Renaissance Revival walnut, burl walnut and ebonized wood cabinet with mirrored etched doors, impressive at 9 feet 3 inches wide, brought $46,800.

A Rolex stainless steel Oyster Daytona Cosmograph engraved tachymeter bezel 39mm watch (serial #2788664, model #6265), slipped onto a new wrist for $46,875. Also, a partially glazed ceramic terracotta bottle by Pablo Picasso for Madoura, titled Bouteille Gravee, having the bottom inscribed “Edition Picasso 15/300 Picasso,” 17 ½ inches tall, rose to $20,400.

A pair of antique musical instruments combined for $50,000. One was a Lyon and Healy concert harp, gilt and satinwood, 70 inches tall by 36 inches wide, brought $30,000, against a pre-sale estimate of $1,000 to $2,000. The other was a Steinway rosewood grand piano dated 1859 with scroll carvings and cabriole legs, 103 inches in length, made $20,000, against a pre-sale estimate of $3,000 to $6,000.

Two lots had identical estimates of $15,000 to $25,000. One was a Tiffany Studios Daffodil table lamp having a leaded Favrile 20-inch glass shade with cascading daffodils on a bronze base that brought $20,400. The other was a 40-inch by 28-inch oil-on-canvas painting by Virginie Demont-Breton, titled Mother and Child in the Garden, artist signed, that made $43,750.

A Regence French gilt bronze Boulle Cartel wall clock and barometer, having brass inlaid brown tortoiseshell with heavy ormolu mounts and two classical figures, circa 1725, garnered $42,000. Also, a Hugo Lonitz Majolica game tureen depicting deer atop a cover, with fox handles and ducks around the tree trunks, all on a base of sticks and ferns, 16 inches long, realized $23,750.

For more information, please visit Nadeau’s Auction Gallery Web site., please visit www.NadeausAuction.com. Updates are posted frequently.

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