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Rising Value of Unrestored Cars

By Malcolm Welford, Vintage Car Specialist
 

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Maps

Rare Southeast Asia Maps At Sotheby’s

May 04, 2012

Before the 15th century, Ptolemy’s 2nd century maps of Southeast Asia were regarded as authoritative. After Columbus’ and da Gama’s voyages of discovery produced new information, however, cartographers began producing more accurate examples. An Indonesia-based collector named David Parry amassed a considerable assortment of these maps, whose timeline extends all the way to the 20th century. At Sotheby’s Travel, Atlases, Maps & Natural History sale on May 9th in London, the Parry collection is expected to sell for $226,100-$290,700.

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An Orrery & Other Curious Devices At London Sale

April 18, 2012

An orrery, as mavens of vintage scientific instruments may know, is a mechanical model of the solar system. W & S Jones produced the George III example that Christie’s will be offering on April 25th. The intricate 1794 device has a a disc showing phases of the moon, mounted on a complex multi-wheeled mechanism, with a secondary ring graduated with the signs of the Zodiac. Christie’s anticipates a price of $47,580-$79,300.

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First Book To Map America

April 03, 2012

Produced in 1520, this edition by Solanis is the first book containing a printed map that designates the new world as America. The map in question is a folding woodcut cordiform representation of the world after Petrus Apianus, who in turn followed a 1507 world map by Martin Waldseemuller that named America for the first time. At Swann Galleries’ sale of fine books on April 12, it’s expected to realize $50,000-$70,000.

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Amazing First Maps Of The World

December 05, 2011

Nearly 500 years ago Abraham Ortelius published his first maps of the world with astounding accuracy, considering he didn’t have anything like a satellite picture to guide him. He also deduced that the earth’s continents were once joined. Bonham’s will auction one of Ortelius’ “World Atlas” editions at its antiquarian sale Dec.15 in New York. High estimate is $150,000.

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The First American Atlas

December 02, 2011

The first American Atlas appeared in 1795. Published in Philadelphia, it was the work of Mathew Carey, and included 21 engraved folding double-page and single-page maps. Swann Galleries will offer a copy at their sale of Maps, Atlases, Natural History, and Historical Prints auction in New York on December 8th, when it’s expected to sell for $15,000-$25,000.

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    Recent Results

    • At Antiquorum's watch auction in Hong Kong, a Patek Philippe ref. 5074, with complications including a minute repeater with carilon, sold to an Asian collector for $574,791, the top price at the sale.
    • A block and shell mahogany bureau table, dated 1770, by noted colonial cabinet maker John Townsend has sold at Christie's for $2.2m, for than twice its $900,000 low estimate.
    • The '49 Buick Roadmaster featured in the 1988 "The Rainman" movie sells for $170,000.
    • The upright piano from the 1942 classic film "Casablanca"--the one on which Sam plays "As Times Goes By"-- sold for $602,500 at Sotheby's in New York.
    • "The Coachman," the iconic 1923 painting by Boris Kustodiev sold at Christie's Russian Art Auction for a record $7m.
    • see more...

    Eye On: Taxes

    U.S. Taxes on art bought abroad

    Collectors buying art at auctions overseas must be aware of U.S. tax consequences. Here are some tips from Alan Olsen that will help smooth the way.


    Art Bought Overseas CPA Alan Olsen, of Greenstein Rogoff Olsen & Co., talks about the U.S. tax consequences when you purchase art abroad. Watch Video


    Ask Alan A Question


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