Hermes heir art auction raises at least 23 million euros in Paris
An AUCTION of art and furniture pieces belonging to a late member of the Hermes family has raised at least 23 million euros (S$33.5 million) in Paris.
The collection put on sale belonged to Hubert Guerrand-Hermes, whose mother was the great-granddaughter of the founder of Hermes, which started off making harnesses and saddles for horse-riding.
A painting by the late contemporary artist Pierre Soulages, known for his use of black, sold for 3.1 million euros while a royal chair which was probably made for the boudoir of Queen Marie-Antoinette in Versailles fetched 2.6 million euros, a record auction price for an 18th century chair, Sotheby’s said in a statement.
Patinated bronzes in the shape of monkeys by Francois-Xavier Lalanne as well as a Lucio Fontana painting were also on offer.
The preliminary results are almost triple the highest estimates the auction house had for the lots, Sotheby’s added in a statement.
The auction of Guerrand-Hermes’ collection continues until Dec 19 with two sessions also taking place online.
SEE ALSO
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
The scion, who died in 2016 at the age of 75, amassed a collection at his Parisian residence at the Hôtel de Lannion, located in front of the Musée d’Orsay on the capital’s left bank. BLOOMBERG
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?