london new york - tarisio...violinist. among the many world record prices seen in the sale was an...
TRANSCRIPT
t a r i s i o . co m
L O N D O N N E W Y O R K
CO N S I G N O R
Prospectus
About Tarisio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Why Tarisio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Why Auctions? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Our Lot Page . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Notable Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Three Easy Steps to Consign . . . . . . . . . . . . . . . . 14
Frequently Asked Questions . . . . . . . . . . . . . . . . 18
Table of Contents
In June 2011 Tarisio sold the ‘Lady Blunt’ Stradivarius of 1721, the most well-preserved and beautiful violin ever auctioned. It sold for a for a world record $15.9m. Let us deliver records results for your instrument or bow today.
Tarisio Auctions
244-250 West 54th Street 11th Floor
New York, NY 10019 USA
+1.212.307.7224 [email protected]
Tarisio Europe
51 Queen Anne Street
London W1G 9HS, UK
+44 (0)20 7354 5763
Tarisio is the world’s leading auction house for fine and rare stringed instruments. Launched in 1999, it revolutionised the instrument market by combining first-class expertise, the efficiency of Internet bidding, and a firm commitment to ethics and professionalism. We work with the goal of expanding accessibility for buying and selling instruments for musicians, collectors and members of the trade.
Fine AuctionsFeaturing valuable, highly interesting items by the finest makers and workshops.
London March, June, October
New York May, October
Speculative, Restorable & Trade (SRT) AuctionsFeaturing less expensive items that are in need of restoration, have uncertain attributions or are from a trade workshop.
New York February, June, August,
About Tarisio
expanding accessibility for buying and selling instruments
9
TransparencyTarisio auctions are known for transparency in an otherwise intimidating market. Bidders enjoy free and instant access to condition reports, certificates, bidding histories, high-resolution photographs and cataloging expertise. Consignors benefit from the openness of online sales, watching results in real time, and the security of pre-vetted bidders.
ViewingsBesides our galleries in New York and London, auction highlights are shown in-person to an extensive clientele in Boston, Los Angeles, San Francisco and Cremona. More exposure means more bidders, which leads to higher sales.
Lowest Seller Premiums Tarisio continues to offer the lowest published premiums for sellers, with absolutely no commissions after $50,000. (Please see the back cover for complete details.)
the only auction house to support live bidding in an exclusively online format
Dedicated to Instruments & Bows Tarisio is designed to efficiently broker the sale of fine violins on a global scale. As a specialized firm, we cater to the specific requirements of instruments and bows, and of course their owners.
Exclusive Format, Wider ReachTarisio is the only auction house to support live bidding in an exclusively online format. Our sales are globally accessible to clients and the guarantee of anonymity encourages competitive bidding.
Current CustomersHaving sold highest-profile instruments in recent years, Tarisio has an excellent reputation with today’s top customers. Consignors benefit from an ever-widening pool of prospective customers, whether they bid in an auction or buy from Tarisio privately.
Transatlantic PresenceNew York & London have long been centers of the fine instrument trade, and Tarisio is the only firm with established offices, permanent staff and a widely advertised presence in both cities. A strong presence in both markets creates more opportunities to connect instruments and clients. Indeed, with the reach of the Internet, each office serves its respective continent and a wider global audience.
Why Tarisio?
Why Auctions?Responsibility to the SellerAs an auction house, Tarisio is the exclusive agent of sellers. Each consignment agreement outlines a real fiduciary responsibility to maximize proceeds to consignors, and our incentive for higher prices is aligned with yours. There is no competing duty to secure the best ‘deal’ for bidders. Opportunities to Sell With as many as 10 auctions annually, Tarisio makes it convenient and easy to consign. Consignors have more opportunities to sell, in more types of auction, in more places than with any other firm.
Assured Results Tarisio averages 90% sold in each auction. With results like these, consignors have every fair expectation of a sale. Please ask for a list of comparative results from any other auction-house.
our incentive for higher prices is aligned with yours
our incentive for higher prices is aligned with yours
Why Auctions?Responsibility to the SellerAs an auction house, Tarisio is the exclusive agent of sellers. Each consignment agreement outlines a real fiduciary responsibility to maximize proceeds to consignors, and our incentive for higher prices is aligned with yours. There is no competing duty to secure the best ‘deal’ for bidders.
Opportunities to Sell With as many as 10 auctions annually, Tarisio makes it convenient and easy to consign. Consignors have more opportunities to sell, in more types of auction, in more places than with any other firm.
Assured Results Tarisio averages 90% sold in each auction. With results like these, consignors have every fair expectation of a sale. Please ask for a list of comparative results from any other auction-house.
Ending TimesEnding times are staggered throughout the last day of the auction.
Auto-ExtendIf a bid is placed within 10 minutes of closing, ending times extend by 15 minutes. Bidders will never be out-bid without have a chance to reply, and consignors have their items sold for the highest price.
RecordsPrevious auction records are shown for known makers.
Estimates & ReserveWhile the reserve is confidential, a range of pre-sale estimates is shown for each lot. The reserve will never be higher than the low estimate.
Ask a QuestionTarisio responds personally and promptly when a bidder has a question about your consignment.Condition ReportsCondition reports are available free and instantly to bidders.
High Bid & Bidder IDThe current high bid is always shown with an anonymous bidder ID.
Bidding HistoryA list of placed bids shows who bid what amount, and when.
CertificatesBidders can view accompanying certificates
and documents while they bid.
DescriptionsConsignments are described and sold with care, using
deliberate catalog terms. Tarisio’s solid expertise has earned the trust of bidders worldwide.
PhotosHigh-resolution, color photographs are shown for each
Lot. As many as 10 pictures are shown for the best lots.
Reserve Met/Not MetIt ’s always clear if bidding has met the
Reserve and whether an item will be sold.
Lot NumberA lot number is given to your item before the sale.
Sellers receive notice of these catalog numbers at the beginning of the auction.
Our lot page is designed to ensure that bidders have all necessary information about lots and bidding at their fingertips.
Our Lot Page
As the highlight of our October 2010 sale, The ‘Molitor’ Stradivarius of 1697 generated interest from collectors, international
foundations, orchestras, and world-class soloists. This beautifully preserved violin is thought to have been owned by Napolean Bonaparte. It was subsequently in the collection of the Curtis
Institute of Music and later owned by the distinguished American violinist Elmar Oliveira. Offered with a low estimate of $2 million, it
was bought by premiere American violinist Anne Akiko Meyers after intense bidding for a record $3.6 million. The October 2010 sale was
also the highest grossing musical instrument auction of all time, totaling $9.04 million.
Other Stradivarius violins auctioned at Tarisio c.1705, the ‘Baron von der Leyen’ sold for $2.6 million 1696, ex-Min-Jin Kym sold for $2.27 million 1687, the ‘Kubelik’ sold for $949,000
record $3.6 million
Stradivarius of 1697The ‘Molitor’In June 2011 Tarisio conducted the sale of the most well-
preserved Stradivarius violin in private circulation and set a new world record of $15.9 million. Confronted by the tragic events of the March 11, 2011 earthquake, tsunami and resulting nuclear crisis, The Nippon Music Foundation made an extraordinary offer to assist in the recovery efforts of their native Japan. The Foundation pledged the entire proceeds of The ‘Lady Blunt’ to their Northeastern Japan Earthquake and Tsunami Relief Fund. Tarisio was the only house considered for such an important and unique sale which was conducted in as little as 100 days.
Stradivarius of 1721The ‘Lady Blunt’
Notable Sales intense bidding for a
a new world record of$15.9 million
René A. Morel
In a special auction held in March 2013, Tarisio sold rare and vintage tonewoods from the collections of René A. Morel and Rembert Wurlitzer, Inc. Over 380 lots of excellent quality pernambuco, maple, spruce, ebony, willow and bridges were sold to violin and bow makers around the world.
Trained in Mirecourt, France in the 1940s, Morel worked in New York for luminaries such as Rembert Wurlitzer, Simone Fernando Sacconi, Jacques Francais and finally for himself before passing away in 2011.
Notable prices included $25,200 for a pair of cello backs, and and a third for $15,600. A member of the Morel family said of the sale, “The level of talented making is higher now than ever before, with many makers even taught or inspired by our father. We were delighted to make this wood available to today’s great makers with this auction.”
Morel & Wurlitzer Rare Tonewoods
to today’s great makers
We were delighted to make this wood available
The Morel Family!
the second highest grossing violin auction
Isaac Stern
The Isaac Stern CollectionAfter the death of virtuoso Isaac Stern in 2001, his estate approached Tarisio to sell his entire collection of instruments, bows and musical ephemera. The sale, held in May 2003, attracted huge interest from bidders around the world eager to obtain items connected with the legendary New York violinist.
Among the many world record prices seen in the sale was an astonishing $130,000 paid for a modern copy of one of Stern’s Guarneri violins by Brooklyn maker Sam Zygmuntowicz.
Other items included bows by Tourte, Peccatte, and Sartory, Stern’s correspondence, inscribed photographs, and even his humidor. Overall the sale grossed $2.3 million, helping to make the sale at the time the second highest grossing violin auction of any auction house.
Notable Sales
The violin Dorothy Newhouse chose from Rembert Wurlitzer is a strong example of the late-Turin Guadagninis that are so highly prized. It is typical of the period with a low, flat arch emphasized by wide edges, broad corners and thick, red varnish. Bidding for the violin lasted 26 days and engaged three player-bidders. The final sale at $1.39 million established a new world record for the maker.
Guadagnini of 1778The ‘Dorothy DeLay’
a new world record for the maker
Guadagnini of 1783The ‘Maazel’
Owned by the Maestro Lorin Maazel for over 66 years, the violin was sold to benefit artist development programs at the Maestro’s own Castleton Festival. Four bidders vied for the iconic instrument in an auction that topped $1 million and was later featured on the cover of Strings Magazine as “The Million Dollar Guadagnini.”
Four bidders vied forthis iconic instrument
Notable Sales
In December 2009 the firm of William Moennig & Son in Philadelphia closed after a hundred years in business. As one of the finest and oldest American violin shops, the firm built a reputation of service, quality, and tradition. In June 2010, Tarisio auctioned the entire contents of the firm. This sale included over 600 lots of instruments, bows, photographs, books, ephemera and tonewood, with a remarkable 100% of lots sold.
The three-day sale included a stunning collection of bows, historical photographs, furniture, and unimaginable novelty and ephemera. Topping the list of historical instruments was a pristine 18th Century viola d’amore by Ferdinand Gagliano which sold for $60,000.
The Moennig Collection
William Primrose
We came to know them as both
experts and friends.The Moennig Family!
One of roughly six violas from the Guarneri family and the last extant to be made, the ‘Primrose’ is praised for excellent proportions and craftsmanship in a time when violas were still significantly evolving. The instrument, owned by Britain's own William Primrose from 1954–1974, was sold by Tarisio in 2012 in a private auction that fetched more than $4 million.
Guarneri viola of 1697The ‘Primrose’
many … declare it to be
William Primrose!
the finest viola extant
Notable Sales
AuctionTarisio works to sell your item to
the highest bidder. Auctions are conducted online and consignors
are paid 30 days later.
Delivery & EvaluationShip or deliver your item to Tarisio. We will make recommendations for market value.
Contract An agreement is made for estimates and reserves.
Easy Steps to Consign3
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Frequently-askedQuestions
What commissions do I pay as the seller?9% of the first $7,000 (£4,000), 2.5% on each dollar between $7,000 and $50,000 (between £4,000 and £25,000), and 0% thereafter.
What other fees should I expect?There is a $90 (£50) minimum commission for items that sell for of $1,000 or less. There is a 1% insurance fee.
Are there any other fees?There are no photography, cataloging, or unsold fees. Small charges for new strings, open seams, rehaired bows may be applied.
What happens if my violin does not sell?There are no commissions if your violin does not sell. You may reconsign with lower estimates or arrange for it to be returned.
Should I expect my item to sell?Yes! Our auctions are remarkably efficient with an average of 90% of items sold in each auction.
Is my item Insured?Yes. Your item is insured under a global policy the moment it arrives in our New York or London offices, or once a contract is signed.
Will my item be played and viewed?Yes, in our galleries and sometimes at viewing locations like Cremona, Boston or Los Angeles. Auction viewings last 30 days or longer to allow bidders plenty of opportunity.
How will my violin be handled?A qualified team of property handlers and luthiers ensures your item is presented at it’s best. We handle over 2,000 instruments and bows yearly.
Do I need an appraisal before I sell?Tarisio will perform an appraisal of market value when you present your item for consignment. You do not need a separate appraisal before consignment.
I'm not in New York or London. What do I do?Submit pictures of your item to [email protected]. Please include your name, location and previous appraisals, documents or certificates. If suitable for consignment, you may ship or deliver your consignments.
Can I set a reserve?Yes, Tarisio will work with you to set a reserve (minimum acceptable bid).
Can I watch my violin sell?Yes, you can watch live bidding throughout the auction. Most bidding happens on the last day of the auction.
How do I get paid?Proceeds are paid by checks, mailed 30 days after the sale. Wire transfers can be made for a $40 fee, deducted from your proceeds. Special instructions for payment can usually be honored. Please forward your requests after the auction.
t a r i s i o . co m
L O N D O N N E W Y O R K
CO N S I G N O R
Prospectus
seller’s
commissions after
$50,000 (£25,000)0Tarisio offers the lowest published rates for sellers.
[email protected] +44 (0)20 7354 5763
[email protected] +44 (0)20 7354 5763
New York9% of the first $7,000, 2.5% between $7,000 and $50,000 and 0% thereafter. There is a minimum commission of $90 per lot.
London 9% of the first £4,000, 2.5% between £4,000 and £25,000 and 0% thereafter. There is a minimum commission of £50 per lot.
There is an additional 1% insurance fee, but no fees are charged unless the item sells. There are no listing, photography or unsold fees.
InquiriesComing events and deadlines can be found on our website, and we welcome your inquiries at [email protected]
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