Sunday, 23 October 2016

Auctions of Rachel Lambert “Bunny” Mellon

The collection of Rachel Lambert Mellon, better known as “Bunny,” was sold in a wildly successful series of auctions at Sotheby’s in 2014. They brought in a grand total of $228 million, more than doubling the presale estimate of $100 million.

Mellon, a Listerine heiress who married Paul Mellon, son of banking tycoon Andrew W. Mellon, died in March 2014 at the age of 103. Over the course of five days, Sotheby’s presented 1,551 lots, selling 98.1 percent of them. 85 percent of lots exceeded their high estimates.

The 9.75 carat blue diamond brought $32.6 million setting a then price-per-carat record of $3.3 million

Mark Rothko, Untitled (1970) sold for $40 million

Mark Rothko, Untitled (Yellow, Orange, Yellow, Light Orange) (1955), $32.5 million

Richard Diebenkorn‘s Ocean Park #89 (1975) $8.5 million

Ambrosius Bosschaert the Elder $4.6 million.

Georgia O’Keeffe, White Barn (1932) sold for $3.2 million

Gold And Diamond Rivière, Cartier. $ 1,500,000