Home > Press Release > 2023 > EXCEPTIONAL SALE TOTALS $5,589,240
1 March 2023

Edward Lewine

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EXCEPTIONAL SALE TOTALS $5,589,240

Sold 133% hammer above low estimate; bidders in North America, the U.K., Europe, and Asia
1 March 2023
EXCEPTIONAL SALE TOTALS $5,589,240

NEW YORK – The Exceptional Sale – Christie’s global auction of the best of the best in decorative and applied arts, singular works of historic importance, and iconic objects of pop culture – totaled $5,589,240, selling 133% hammer above low estimate, with bidding from around the globe. The top lot was ‘The Arizona Spike,’ of steel clad in gold and silver, made in 1869 to commemorate the completion of the world’s first Transcontinental Railroad, which went 740% of its estimate to bring $2,200,000. Other highlights included: a Louis XVI parcel-gilt and gray-painted canape, circa 1785, which realized: $529,2000; a German royal silver-gilt tea and coffee service made for the wedding of Prince Wilhelm I of Prussia, which brought $441,000; a Roman cameo dating to 41-54 BC, formerly in the collection of the 4th Duke of Marlborough, which made $352,800; an important Ascot trophy sponsored by Tsar Nicholas II, which brought $302,400; and original 16mm reels from Andy Warhol’s 1968 film Lonesome Cowboys, a screening of which sparked the Atlanta raid known as the “Stonewall of the South,” which made $25,200.

Christie’s International Specialist Head European Furniture and Works of Art, Casey Rogers, said, “‘We are thrilled with the overwhelming response and depth of bidding in the Exceptional Sale, which demonstrate the market’s robust appetite for masterpiece-level decorative arts and historically significant objects with storied provenance. Look no further than the thrilling results for the Transcontinental Railroad spike, which Christie’s was honored to offer on behalf the Museum of the City of New York.”

Christie’s Senior Specialist, Americana, Peter Klarnet, said, “The spike was a one-of-a-kind piece of historic importance and we knew it would by the subject of intense competition among collectors. In the end, the value soared past our expectations. I think the spike captured the imagination of collectors, in part, because it is a potent symbol of national unity. That sense of unity means as much today as it did when the transcontinental railroad was finished less than four years after the Civil War.”

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Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.


* Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue. *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium.