Re: Thompson Sale as a Price Precedent

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Posted by Jerry Silverman on June 15, 1999 at 22:21:20:

In Reply to: Re: Thompson Sale as a Price Precedent posted by Yon Bard on June 15, 1999 at 19:40:22:

: Steve and Marvin, Cassin and Loges had also published well-known books on Turkoman rugs. The Cassin pieces were great, the Loges pieces mediocre. There is a wonderful Salor three-gul chuval, one half of which sold in the Cassin auction for $5000, the other half in Thompson's for $10500. A Salor torba sold for 12500 in the non-Thompson part of that sale; the closest (though not very close) thing of Thompson's brought 16000. A large Salor 'T' trapping brought Thompson $45000 while an almost identical one (though with less peripheral loss) brought $40000 in 1965. I cannot find too many other pieces on which I can make direct comparisons. How did we get on this topic anyway?

: Regards, Yon

That's easy, Yon. We were offering advice to "novice collectors of limited means."

If they can't follow the intricacies of an auction that took place before they got interested in oriental rugs and didn't see and most likely don't have a copy of the auction catalog and probably can't distinguish between a Salor and Shinola, well, then, tough noogies.

(Actually, this little diversion is probably more instructive than we know for the novice collector of limited means - at least for the perceptive, observant ones. It tells them a goodly bit about what they might be getting into if they ever take it seriously.)



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