Friday, February 12, 2010

Bonhams Tribal Auction Sale Results Are Weak

The African, Oceanic and Pre-Columbian Art auction held in San Francisco today resulted in weak sales. Only 138 lots sold, less than 50% of the lots on offer and only 3 lots exceeded $20,000. Lot 4108, a beautiful hei tiki fetched an impressive $45,750 (including buyer's commission). Lot 4008, a fine Tapuanu gable mask from Satawan Atoll, Mortlock Islands fetched $33,550(including buyer's commission). The poor results are a combination of mediocre material and very cautious buyers.


4108 A Maori nephrite neck pendent, hei tiki, Rotorua area, North Island, New Zealand -$45,750

4008 A Tapuanu gable mask, Satawan Atoll, Mortlock Islands- $33,550



1 comment:

TribalArtery said...

Sorry. Typo in first comment. Just want to say thank you for your timely and insightful updates re: tribal art. Please follow us at http://TribalArtery.blogspot.com.
Thanks.