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I noticed this guan-type cup has sold at Bukowskis for SEK 135,000.
I have an identical Guan-type cup but when I bought it I was calculating with a potential value of $100,000 - $150,000 if I could get it in to Christie's. It is overall very similar to a Chenghua mark and period guan-type cup at British Museum so it is almost certainly imperial and likely also of the Chenghua period.
https://www.britishmuseum.org/collection/object/A_PDF-A-57
But I'm also in the need of money so I'm thinking of sending pictures to our local auctioneer Bruun Rasmussen. But the estimate and sale price would probably be much much lower than what it could bring at Christie's.
What would you guys do? Would you send pictures to Christie's? It really is a good piece and it would almost be a shame to let it go to Bruun Rasmussen who does not have the same level of expertise as Christie's.
This is a topic I have had questions about as well. When to send pictures to a major and when not to. I suppose it is sometimes a grey area and there are always exceptions to rules, etc, but what are members thoughts on best practices for approaching this? Also, I am curious if anyone has insider knowledge on the processes the majors use to determine what to take? I have tried several items but have not yet gotten one accepted. But with a few, they took much longer before letting me know, and one of those they requested additional pictures of before deciding not to take it. When they turn down an item they always have encouraged sending more in for consideration, so I have never seen harm in trying. However I do remember one forum member suggesting being very careful about what you send them. I suppose the worry might be if you send too many low level pieces they might not take your submissions as seriously in the future? However I tend to doubt that really comes into play very much. I would think they are just looking at the object and assessing it for what it is. But I would like to hear others thoughts and experiences with this sort of scenario.
If you have some business or personal relationship with a reputable dealer that has contacts with Christie’s staff, then they can approach them about the item. That would get your ‘foot in the door’ and if the item is accepted for auction, the dealer would receive a finder’s fee at the time of sale from the auction house. This process would work a hundred times better that a general email with photos.
It can be quite slow selling with Christies. I have only sold a painting that way, but ii involved waiting for the sale, then waiting for the money, which took several months and it was quite pricey.
With the online exposure nowadays, you may find selling with a "lesser" auction house that has a good reputation and strong online presence nearly as successful.
I agree with Julia! If you need money, perhaps putting into Christie's is not a great idea.... if it is as good as you say, it won't sell until the Spring sale in March 2022, and you won't get paid until at least 35 days after the sale.
Even a small auctin house might hold off on payment for 45-60 days, especially if it sells for a lot of money.
I recommend a private sale for quick cash, but don't hold your breath for getting the auction value. Cash buyers want to make money, too. Yes, I'm speaking for myself!
If you can wait on getting paid..... I've made the offer before to help you (and others) get a response from Christie's, but I won't do it blindly, and I have to share your sentiment that it is indeed genuine & valuable.
If you don't trust my opinion, that's fine... ask Peter! I'm certain he has more experience and influence than I do with regards to submissions into some of the larger auction houses.
If you do want my help, just send me photos of the piece to my email. [email protected]. We can discuss in private.
Let me share .... Christie's is not accepting many non-mark & period pieces unless they are at least Ming and/or are of a rare form.
So far this year, I have fallen short on getting any of my porcelain pieces into the Spring sale (they did take my famille verte vase, but put it into the December 2021 online sale as they could not definitively confirm if it was Kangxi/Yongzheng period, so it's being listed as 19th c. - that's fine by me).
My strange guan jug is currently in Christie's hands and under review. If it passes review with Bob Mowry, it will likely be sent for TL testing, but it's a long shot.
Also, be aware that Christie's will not give me an estimate on your piece because I'm not the owner, but they'll tell me if they are interested, and if interested, I'll put you in direct contact.
The deadline for submissions to the Spring Asian week is the end of December, unless you have something absolutely earth shattering, in which case they will make additional accomidations.
I am not affiliated with Christie's... just for the record.
Many thanks for the replies. I thought it could be interesting to send pictures to Bruun Rasmussen alone for the the experience and to see what their estimate would be. But I'd prefer to keep it for a while for appreciation and hopefully a future sale at Christie's. It is by the way one of ten high value Song-Ming celadon pieces I purchased this year that were all bought for modest prices and without guarentee of being authentic so it was a real thrill when I came across the identical cup at Bukowskis sold for a good price (for their standards).
I was just about to consign some jewelry pieces to raise money but now I can't find box with the pieces in my home. Really stupid. Alternatively I can put pieces up for sale at eBay.
@greeno107 I appreciate your offer of assistance but the main problem is that your are in USA while I'm in Europe. You said in another post that Christie's will prefer provenance for pieces older than Ming but I hope this is the case for their department in USA only. Of the ten celadon pieces I talk about only two of them dates to the Ming dynasty. The rest are Song and Yuan dynasty. But may I get back to you later? I need to go home to search for the jewelry pieces.
Kind regards
Corey
I would like to view your jewelry pieces.
As you know I used to deal extensively with said years ago.
With respect to Christies and Sotheby's it helps if they already know you as a client.
Mark
@greeno107 Thanks for sharing your experience and willingness to help. For clarification, are you saying that in your opinion you would agree there a better chance of an item being placed by going through you/another dealer with ties rather than using the general inquiry online form, as Bill has suggested? Another question I have is if Christies would then give a commission to the referring dealer (which is fine by me), and if so then does that come out of the sellers cut or is that an added take out of Christies cut? And, If it comes out of Christies cut, it seems like they might prefer something come through their general system so they didn't have to pay an extra commission to a referring agent and lose some profit. I'm curious to hear your further thoughts. Thanks! John
@johnshoe They probably get hundreds of submissions every day, so if you don’t have a direct contact, you’ll be responded to in order of receipt. Having a contact who knows you allows you to skip the line.
I don’t get any commission that I know about… maybe others might.
You might get slightly more attention, but the specialists are very careful usually, so I doubt they’d miss anything major.
@ Mark Why would you like to the jewelry? World you be interessant in buying?
@greeno107 Out of further curiosity, when you send them something how long is it typically before you get a response back from your contact?
@johnshoe I have a personal cell number fir my contact… pretty quick as long as they’re in the country
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