SotheBy’s will hold first ever gold sale

The Sunday Guardian - - The Week -

LON­DON: From a sculp­ture of model Kate Moss to an elab­o­rate ele­phant liqueur set, an ar­ray of items made with gold will go un­der the ham­mer next week in auc­tion house Sotheby’s first ever sale ded­i­cated to the pre­cious me­tal.

From an­tiq­ui­ties to con­tem­po­rary pieces, “The Mi­das Touch” sale on 17 Oc­to­ber in Lon­don fea­tures jew­ellery, art, fur­ni­ture—and even a Fer­rari car.

“It’s the first time we’ve had a sale to­tally de­voted to gold,” Con­stan­tine Fran­gos, se­nior direc­tor at Sotheby’s, said.

“We’re look­ing at gold ob­jects that are pure gold, ob­jects that are gilt gold, which means that there is gold leaf on them or the colour gold. So we’ve kept it pretty open to cover all types of gold.” Among the high­lights is an 18 carat gold sculp­ture of Moss’ head made by Bri­tish artist Marc Quinn, es­ti­mated to be worth be­tween 300,000 and 400,000 pounds ($395,000-$527,000). An art­work with gold leaf by Yves Klein, “Mono­gold Sans Titre”, is seen fetch­ing 800,000 pounds - 1.2 mil­lion pounds, while a Bac­carat gilt-bronze and frosted cutcrys­tal liqueur set in the shape of an ele­phant is es­ti­mated at 250,000 pounds-400,000 pounds.

The 1977 Fer­rari 512 BB model, whose paint­work boasts a rare shade of gold, is priced at 350,000 pounds-450,000 pounds. “It’s the rar­ity of gold,” Fran­gos said of the me­tal’s pop­u­lar­ity. “Gold is ex­tremely rare, and it’s one of the few ma­te­ri­als that can’t be re­pro­duced. There’s no such thing as man­made gold.”

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