OPAL AND DIAMOND NECKLACE REPUTEDLY FROM COLLECTION OF DESIGN DOYENNE ELSIE DE WOLFE THE CENTERPIECE OF AUSTIN AUCTION'S APRIL 18TH SALE

FOR IMMEDIATE RELEASE

Date of Release: March 26, 2010

45-carat Art Nouveau dazzler starred on Keno brothers’ TV show Find!

AUSTIN, Texas – A superb circa-1900 gold necklace laden with 45 carats of fine Australian fire opals, diamonds and freshwater pearls – said to have been the property of legendary interior designer Elsie de Wolfe – leads an exceptional lineup of fine and decorative art and furniture to be sold April 18 at Austin Auction Gallery. The crown jewel of the company’s 430-lot Important Spring Estates Auction was purchased by the consignor in 1976, at an antiques show in Hillsborough, California. At that time, it was represented as having been de Wolfe’s personal jewelry.

“While we cannot prove that the necklace belonged to Ms. De Wolfe, it certainly exhibits the quality that a woman of her social position would have demanded,” said Ross Featherston, president of Austin Auction Gallery. Elsie de Wolfe (1865-1950) was America’s first interior decorator to the rich and famous. Her high-profile clients included The Duke and Duchess of Windsor, as well as members of the Vanderbilt, Morgan and Frick families in New York. Aside from her success as a designer, de Wolfe was, herself, a pillar of high society. Upon her marriage to British diplomat Sir Charles Mendl, she became better known as “Lady Mendl.”

The English Art Nouveau necklace attributed to the collection of Lady Mendl, which will be offered in Austin Auction Gallery’s April sale with an opening bid of $30,000, was featured in an episode of Leigh and Leslie Keno’s television show Find! The Keno brothers felt the necklace was so exceptional – with or without the de Wolfe attribution – that they called in jewelry expert Peter Shemonsky for a specialist appraisal. Shemonsky shone a light on the opals, each of which revealed the fiery-red flash seen only in Australian opals. Summarizing his opinion, Shemonsky stated that the necklace of 23 opals, 52 diamonds and 19 freshwater pearls was “unique” and would be “very difficult” to replace. He assigned an insurance value of $60,000-$80,000 on the necklace. A video of the TV show appraisal can be viewed on Austin Auction Gallery’s Web site (http://austinauction.com/articles/031710/art-nouveau-necklace-auction.htm).

Another rarity to be auctioned is an early Paul Evans (American, 1931-1987) 10-piece sculpted-bronze dining suite comprised of a large ‘Stalagmite’ glass-top table, eight chairs upholstered in purple micro-suede, and a long, sculpted-bronze server set with two slate slabs. The consignor purchased the suite in 1970 in Chicago, from the Directional Showroom. The set will be offered in three lots with a total estimate of $17,000-$23,000.

An avant-garde 1985 Art Deco-style television cabinet created by the celebrated New York designer Dakota Jackson is made of cherry-finished mahogany and bird’s-eye maple, accented by eau de nil trim and interior. Standing 60 inches tall, its trapezoidal shape and precision-matched wood grains are a perfect blend of edgy style and time-honored quality of construction. It is expected to realize $3,000-$5,000.

Four thin, ultra-modern bentwood barstools designed by Karri Monni for La Palma feature stainless steel construction with molded swivel seats. A gas-spring mechanism enables the seats to be raised and lowered easily. Estimate: $1,500-$2,500.

The more-traditional furnishings in the sale include a monumental 99-inch-tall French carved-oak chateau cabinet with elaborate relief carving and distinguished provenance from the Chateau de Caen, Normandy, France ($8,000-$12,000); a large four-door bookcase from northern Spain, and a mid-19th century English cellaret of oak and burlwood with Black Forest-style carved leaf-and-grape motif ($4,000-$6,000).

The fine art section of the sale includes a special collection of 11 artworks by John Strevens (British, 1902-1990). Strevens exhibited regularly at the British Royal Academy, Royal Society of British Arts, the Royal Society of Portrait Painters, and the Paris Salon. The paintings were collected and consigned by a single source. “The owner of the paintings had her portrait painted by Strevens and bought additional works by the artist,” Featherston explained. “Strevens is known for his Impressionist style and portraits. The collection includes several large paintings, with one titled Evening Party that measures 40 inches by 50 inches (sight). It is estimated at $4,000 to $6,000.”

Additionally, the auction will include antiques from a number of quality estates. Among the offerings are American coin and sterling silver flatware, marble garden statuary, Japanese and Chinese ivories and porcelain; Confederate Civil War letters and slave receipts; an 18K gold, platinum and diamond ring accompanied by a GIA report (diamond is ‘F’ in color, VVS1 clarity); and a selection of couture ensembles and evening gowns by such designers as Halston, Oscar de la Renta, Richilene and others. A circa-1860 Spanish carved Madonna with glass eyes and serene expression, 53½ inches tall, carries a presale estimate of $2,000-$4,000.

All forms of bidding will be available for the April 18 auction, including live via the Internet through LiveAuctioneers.com. For additional information, call 512-258-5479 or e-mail info@austinauction.com. View the fully illustrated catalog online and sign up to bid absentee or live via the Internet at www.LiveAuctioneers.com. Visit Austin Auction Gallery’s Web site at www.AustinAuction.com.

Caption:

Important circa-1900 Art Nouveau necklace reputed to have once belonged to iconic American interior designer Elsie de Wolfe (a k a Lady Mendl, 1865-1950), comprised of more than 45 carats of cabochon, oval-cut and teardrop-shape Australian fire opals, 23 in all. Additional accents include 19 freshwater pearls and 52 single-cut diamonds. Retains original heart-shape leather case. Featured on Leigh and Leslie Keno’s TV show Find! Estimate $60,000-$80,000.