Tibetan treasure leads the pack in Michaan’s Auctions by the Bay August estate sale

Asian works of art, jewelry, fine art, furniture and decorative arts also realized great prices at Michaan’s most recent auction sale.
A palpable energy filled the auction room as lot 361 came up for auction. The bidding opened for the Tibetan bronze at $300, but the bidding quickly rose into the five-figure range.  When the bidding had finished, the Yamataka likeness sold for the incredible price of $25,740, well in excess of its presale expectations. Alan Michaan, President of Michaan’s Auction by the Bay, couldn’t be happier: “We are thrilled with the outcome of this auction. It is gratifying to see that our sales are attracting a diverse and international buyer base. This was noticeably evident with the buzz on the auction room floor.” 
This sale also included a wonderful Portfolio of sixteen offset lithographs including works by Richard Diebenkorn, Frank Lebdell, Walter Kuhlman and others. This portfolio came from a private collector and sold for $3,510 against a presale estimate of $2,000-$3,000. 
Michaan’s Auction by the Bay’s next estate auction will be held Sunday, Sept. 7 at Noon.  All offerings will be available for viewing at the free public preview held Friday, Sept. 5 and Saturday, Sept. 6 from 10 a.m.-5 p.m., as well as the day of the sale from 9 a.m. to the end of the auction.
Further tops lots included:
Lot 296: Anonymous (Probably Republic Period), Imperial Guardsman of the Third Rank, framed and glazed, ink and color on silk, {Image 78 inches by 40 inches}, presale estimate: $2,000-$3,000. Sold for $6,435
Lot 343: Chinese Carved Jade of Fish and Boys, 19th Century, presale estimate: $800-$1,200. Sold for $2,106
Lot 598: Louis XV Style Walnut Panetiere, 19th Century, presale estimate: $1,000-$1,500.
Sold for $1,872
Lot 623: Tiffany Studios Ninth Century Gilt Bronze Calendar Frame, stamped "Tiffany Studios New York #1632," presale estimate: $500-$700. Sold for $1,521
Lot 016: Omega Sea Master Stainless Steel Wristwatch, presale estimate: $1,200-$1,400.
Sold for $1,404
Lot 558 Elaborate Renaissance Revival Oak Bed, presale estimate: $1,500-$2,000. Sold for $1,287
Michaan’s Auctions By the Bay, Inc. was formed as the sister company to the highly successful Antiques By the Bay, Inc. which promotes the monthly Alameda Point Antiques and Collectibles Faire on the Eastern shore of the San Francisco Bay.

For more information on Auctions by the Bay and their upcoming auctions, visit www.auctionsbythebay.com.