Savoy Sale Takes 1.8 million pounds
Published December 22nd, 2007
The three-day auction saw almost 3000 lots of furniture and artefacts from the London landmark hotel go under the hammer, the actual total was £1,857,096 .
A team of 13 auctioneers worked for more than 10 hours a day to sell all 2,600 lots, plus a further 100 late entries. Every item was sold.
Most of the furniture from the Savoy’s public areas and 215 bedrooms and suites were functional pieces in the 18th century and Art Deco styles. Prices ranged from 19,200 pounds, including commissions, for a pair of mid-20th-century chandeliers to just 12 pounds for a set of three modern dining tables.
“We always knew that this sale was going to be special and different. The world has a love affair with the Savoy,” said Harvey Cammell, Bonhams Director of the Savoy Sale. “We have had hotel groups bidding for collections of chairs and tables alongside individuals decorating their homes.”
The five-star hotel will be closed for 18 months while the interiors are remodeled by the Parisian design firm Pierre-Yves Rochon, who will retain the building’s Edwardian and Art Deco features. The restoration is estimated to cost 100 million pounds.
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