Art News

Keno Auctions holds spirited sale with new younger bidders and long term buyers in attendance

NEW YORK, NY.- Keno Auctions held its fall 2011 sale of Important Paintings, Furniture, Decorative Arts and Jewelry realizing $1,251,000. “Today’s results reflect a recovering market on an upward trend for the very best pieces. It was encouraging to see a number of new, young collectors from around the world actively bidding, and some long-term buyers returning to the market,” said Leigh Keno, president of the eponymous auction house. There is always interest in unique pieces of museum quality objects among top collectors and several of the lots from the estate of Hans Christensen, the Danish-American 20th Century master silversmith, attracted attention from numerous bidders in several different countries. Among the items that exceeded their estimates were his iconic sterling silver with rosewood handle and base Teapot and Warmer, his journeyman’s piece executed in 1944 that fetched a