
In the midst of the government’s debt crisis deliberations, New Orleans Auction Galleries hosted one ofits most successful sales to date July 30-31, 2011, showing signs of strength in the luxury and auction markets. An elaborate Chinese carved coral group brought $67,650, far surpassing the pre-auction estimate of $3,000 to $5,000. Other notable sales in the category included a colorful Chinese Famille Rose porcelain plaque set in a custom wooden frame and stand hammered for an astounding $67,650, and a Mughal-style jade handled dagger which sold for $34,440 following ten minutes of bidding.
Read More +