The Inaugural Auction by Mallett Antiques in London

The Inaugural Auction by Mallett Antiques in London
A George II Green Japanned Bureau.

On July 7 in London, the inaugural auction of Mallett Antiques, “Mallett at Home 1865-2015,” brought in a strong total of £1,037,520 ($1.6 million). In partnership with the auction house Dreweatts & Blomsbury, the 150-year old antique dealer offered 371 lots, with 357 of the lots finding buyers.

Among the diverse group of 18th, 19th, and 20th century offerings from Mallett’s New York and London stock, A George II green Japanned bureau bookcase circa 1730 led the sale when it took in £66,960 ($104,000; est. £60-80,000; 93,500-125,000), followed by a George III marble fireplace from 1785, which achieved £43,400 ($67,500), far exceeding its  £30,000 ($47,000) high estimate. Other leading lots that surpassed expectations included a Regency cut glass chandelier, circa 1815, which soared past its £12,000 ($19,000) high estimate to fetch £17,360 ($27,000), as well as an undated Chinese export watercolor landscape, which realized £16,120 ($25,000), more than doubling its £7,000 ($11,000) high estimate.

Giles Hutchinson Smith, managing director of Mallett, stated: “Today’s auction, and the very well attended pre-sale viewing, demonstrates the strength of service Mallett working alongside Dreweatts & Bloomsbury Auctions is able to offer the group’s clients. We are very pleased with the result and look forward to the continued diversification of events being held at Ely House over the coming months.”