“Laurent Negro Collection”

Laurent Negro Art Déco collection sells for 42.4 M€

Paris, 1 April 2011, Art Media Agency (AMA). The Laurent Negro Art Deco furniture sale was held at the Palais de Tokyo from 29 to 31 March 2011 by Christie’s.  The 880 lots sold for a total of 42.4 M€, higher than pre-auction lowest estimate of 35 M€.  84% of the lots were bought and eight sold for more than one million euros. Laurent Negro’s collection, assembled over the course of the last fifteen years, included pieces by Louis Majorelle, Emile-Jacques Ruhlmann, Jean Dunand, Eileen Gray, Pierre Chareau, Francis Jourdain, Charlotte Perriand, Robert Mallet-Stevens and many others.  The collection was housed at the Château de Gourdon in the Alpes-Maritimes department. Tuesday night’s sale, featuring the collection’s masterpieces, went for a total of 24.29 M€ (including charges).  The last day of the sale was dedicated to the Union des Artistes Modernes (UAM) and 90% of the lots were sold for a total of 6.2 M€.  A number of the pieces sold for their lowest estimates. The most expensive lot, a game table and its four chairs made by Jean Dunand in 1930 for the fashion designer Madeleine Vionnet’s apartment, was not bought.  The lot was estimated at 3 to 5 M€ but bids did not exceed 2.6 M€. The chaise longue “aux skis” by Emile-Jacques Ruhlmann (1879 to 1933), listed as a national treasure, was sold for 2.86 M€ (including charges) and is a world record for the artist.  The piece was estimated at between 2 and 3 M€ (excluding charges) and was bought by a French collector.  Another world record was set by Louis Majorelle (1859 to 1926), whose enormous bed and bedside tables, “Aux nénuphars”, was sold for 1.162 M€ (including charges) and was bought by an American. The Centre Pompidou pre-empted three of the lots, on Wednesday the...

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