NEW YORK CITY — The private collection of President and Mrs. Ronald Reagan achieved $5,740,625 on September 22 with 100 percent sold by lot surpassing initial estimates.
There were more than 1,200 registered bidders from 34 countries, with strong participation across Europe and Asia and representation from nearly every state in the United States. There was a record level of online participation with 88 percent of lots bought or directly underbid by a Christie’s Live client, with online sales contributing more than $1 million to the total.
The top lot of the sale was a diamond, sapphire and ruby ring by Bulgari which realized $319,500.
Additional sale highlights included a signed fragment of the Berlin Wall realizing $277,500; a painting by Frank Sinatra, “Fourth of July Fireworks,” achieving $233,500; and President Ronald Reagan’s cowboy boots going out at $199,500
“Good Morning Mr President,” an inauguration gift from Mr and Mrs Francis Sinatra, was bid to $106,250, while a series of pencil sketches signed “Ronald Reagan” on White House stationery took $100,000, and “You Ain’t Seen Nothing Yet,” a needlepoint cushion, circa 1984, finishing at $71,250.
The online sale continues through September 27-28.
Prices reported include the buyer’s premium. For information, 212-636-2000 or www.christies.com.