Tuesday, February 20, 2007

JADE FROM A NAPLES COLLECTION SELLS FOR A PREMIUM IN THE INTERNATIONAL MARKET

FOR IMMEDIATE RELEASE
December 22, 2006

AUCTIONS NEAPOLITAN
Sale November 14/21, December 12, 2006
Naples, FL

Auctions Neapolitan of Naples, FL held a wide ranging three day sale in November and December that sparked international interest in quality jade and other Oriental items.

NAPLES, FL - Neapolitan Auctions owner Kathleen Pica of Naples, FL was excited about the results from her recent three day sales event that saw bidders from China, Hong Kong and Taiwan competing with local bidders for items from the 1200 lot inventory she assembled for this auction. The sale was conducted online by LiveAuctioneers.com and in person in the auction facility on 1st Avenue South in Naples.

Each of the three days of the sale had a significantly different tone. The first day, November 14, featured a number of lots from a significant collection of jade artifacts originally from China. Until recently the collection was privately housed in Naples. The second day, November 21, showcased a variety of antiques and silver from an estate in Port Charlotte and the final day, December 12, was "clean up" day according to Pica, picking up miscellaneous lots from a number of sources, providing bidders with lots of unique opportunities for holiday gifts. The opportunity to bid attracted 920 approved bidders registered for the online portion of the sale competing against 200 registered in person in the Gallery.

The top lot of the sale crossed the block on the first day of the sale. A Ching Dynasty (1644-1912) jade scepter created quite a stir in the online market and on the phone bidding lines. An online bidder from Taiwan battled it out with phone bidders from China, and California and other online bidders from China, Hong Kong and Japan. Pica noted, "Oriental buyers are especially favorable to the lighter colored jade pieces. They like the whites and light greens." The 15¾in scepter in light green jade certainly fit the bill and included carvings depicting a man and his servant traveling. That was a good omen because the scepter will soon make its way to Taiwan going to the online bidder there for $13,915 including the buyer’s premium of fifteen percent. The original presale estimate was for $1,200/1,400.

Other significant jade lots included a light green carved jade brush wash, 5 by 4in, with a raised center medallion. Estimated at $150/$200, the elegant bowl garnered a winning bid of $4,025, again from an Oriental buyer. A 4in Chinese carved jade pants coupe with fitted wooden stand, light green with brown traces, estimated at $300/$400, cleaned up at $3,795 and a Chinese carved white jade belt buckle sold for $3047. Pica said, "The jade was good quality but nothing real special. The market is just ready for good quality jade work."

The second day of the sale held its own with a Japanese two handled signed bronze urn. The 19¾in urn was elaborately decorated with large flowers, leaves and branches with details to the petals and stamin. The urn was mounted on a three dolphin base resting on a plateau with bird perched on a branch as a finial. Estimated at $600/$800, it sold to an online bidder for $2,760. A seldom seen Meissen porcelain harlequin figure, 9in tall sold over estimate online at $873.

The final day of the sale saw a vintage Japanese small sword, 26in long, with a leather wrapped handle and a stylized lotus leaf Tsuba, estimated at $300/$400 bring in a winner of $625.

Pica feels that the international contacts and the quality of merchandise she is attracting in Naples allows Auctions Neapolitan to effectively offer auction services that compete favorably with the larger houses on the East coast. Her next auction is scheduled for January. For more information visit the Gallery at 1100 1st Avenue South in Naples, contact Kathleen Pica at Auctions Neapolitan at (239) 262-7333 or visit the website at http://www.auctionsn.com/.
written by:
Fred & Gail Taylor
800-387-6377

PHOTO CAPTIONS FOR AUCTIONS NEAPOLITAN
NOVEMBER, DECEMBER 2006 SALE

This Ching Dynasty scepter in light green jade was top lot of the sale at $13,915 from a bidder in Taiwan.


A rare 9in tall Meissen porcelain harlequin figurine sold for $873.




An archaic light green jade libation cup with stylized Chi dragons climbing up the sides sold well over the $400/$600 estimate at $2932.




A 26in long Japanese sword with ray skin and leather wrapped handle brought $625.

A two handled Japanese bronze urn, 19¾in tall, sold better than expected with $2760 at the hammer.



A carved Chinese pants water coupe carved in light green nephrite jade with brown traces in a fitted wooden stand sold for more than ten times the low estimate for $3795.



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