Eclectic estate sale led by painting of racing legend and Piquet pocket watch

ALAMEDA, Calif. – The upcoming March 3 Fine Art Estate Auction at Michaan’s is poised to feature a wide variety of art, including works from American and European artists of the 15th to 21st centuries.

Featured in the March offerings is an original work of art by Leroy Neiman titled “Rick in the Pit, 1987” (est. $6,000-9,000). Penske racer Rick Mears was captured at the Indianapolis Motor Speedway by the artist, who created the sketch from the pit. The mixed media on paper artwork comes with a certificate of authenticity and measures approximately 28 by

This LEROY NEIMAN (American 1921-2012) "Rick in the Pit, 1987" mixed media on paper piece, is signed and dated, and measures 16 x 21.5 inches/ 40.6 x 54.6 centimeters, and is expected to fetch $6,000 - $9,000. (Photo courtesy Michaan's Auctions)

This LEROY NEIMAN (American 1921-2012) “Rick in the Pit, 1987″ mixed media on paper piece, is signed and dated, and measures 16 x 21.5 inches/ 40.6 x 54.6 centimeters, and is expected to fetch $6,000 – $9,000. (Photo courtesy Michaan’s Auctions)

33 inches. Neiman became wildly popular the world over for his vibrantly colored and energetic images of sporting events. His international praise led him to be commissioned as the official artist of five Olympiads. Neiman’s sketches from the 1972 Olympics were mounted in the same year by the Indianapolis Museum of Art for their excellence.

Highlights from the jewelry department include two exceptional diamond and platinum lots. First is a pair of double clips featuring an asymmetric swirl motif mounting and approximately 7.50 carats of fine diamonds ($3,000-5,000). An Art Deco brooch in a buckle style mounting featuring eighty-seven diamonds will also be auctioned at an estimate of $1,000-1,500. Not to be outdone, a Victorian necklace of diamonds and seed pearls set in a floral motif lavaliere style ($800-1,000) and a pearl and diamond bangle bracelet ($1,000-1,200) are also set for sale. Also quite lovely is a whimsical brooch of amethyst, turquoise and diamonds set in 14 karat yellow gold. The piece, fashioned as a potted bouquet, will be offered as lot 139 at an auction estimate of $600-700.

From the timepieces department comes  a unique Fritz Piquet & Buchmann pocket watch ( $2,000-3,000). The 18 karat yellow gold chronograph repeater is in wonderful working condition as it still audibly chimes. The Fritz Piquet company was known for their superb work with adjusted watches and for supplying watch movements to makers such as Patek Philippe during the mid-19th century.

Over 90 lots, including but not limited to, porcelains, Japanese works of art, religious statues, furniture, scrolls and paintings will be a part of the offerings from the Asian art

This gemstone-embellished silver filigree tea caddy, encircled by alternating bands of rounded jade rings and enameled filigree designs mounted with various stones, measures 4-1/4 inches in height and has an estimate of $1,200 - $1,800. (Photo courtesy)

This gemstone-embellished silver filigree tea caddy, encircled by alternating bands of rounded jade rings and enameled filigree designs mounted with various stones, measures 4-1/4 inches in height and has an estimate of $1,200 – $1,800. (Photo courtesy)

department. A highly collectible tea caddy leads the decorative selection, to be offered as lot 272 ($1,200-1,800). Quite small in stature, the container measures approximately 3 3/4 inches in height by 3 inches in width, but with markedly elaborate ornamentation. The piece is beautifully decorated by thirty-one natural cabochons of tourmaline, jadeite, rose quartz and rock crystal quartz. Two natural jadeite bangles then encircle the silver-gilt tea caddy, nicely complimenting the look of its segmented body. The piece is further adorned with filigree and enamel work, fashioned in floral and foliage motifs set upon a fine mesh overlay.

Furniture and decorations at the sale are expected to be led by a flip top breakfast table ($800-1,200), a set of twelve mahogany chairs ($800-1,200) and a pair of Queen Anne style mahogany night stands ($500-700). In addition, a Francis Elkins mahogany rolling cart ($500-700) will also go under the gavel. This particular cart originated from an estate in Pebble Beach where Francis Elkins personally executed the interior design work.

The illustrated online catalog will be available for review at www.michaans.com. Previews open at Michaan’s Auctions on March 1st and continue until March the 3rd, the day of sale. For general information please call (510) 740-0220 ext. 0 or e-mail info@michaans.com.

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