Go­ing for gold: Sotheby’s to hold first sale ded­i­cated to pre­cious metal

Oman Daily Observer - - PANORAMA -

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 Oc­to­ber 17 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-£400,000 ($395,000-$527,000).

An art­work with gold leaf by Yves Klein, “Mono­gold Sans Titre,” is seen fetch­ing £800,000-£1.2 mil­lion, while a Bac­carat gilt-bronze and frosted cut-crys­tal liqueur set in the shape of an ele­phant is es­ti­mated at £250,000£400,000.

The 1977 Fer­rari 512 BB model, whose paint­work boasts a rare shade of gold, is priced at £350,000-£450,000

“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 man-made gold.”

— Reuters

A Sotheby’s em­ployee poses with a bust of Kate Moss in solid 18-carat gold at Sotheby’s in Lon­don.

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