Government Auction Offers Superb Redmond Painting, Diamonds, Gold Coins on Oct. 28

October 25th, 2012 by

TEHACHAPI, Calif. – Government Auction’s Sunday, Oct. 28, 2012 auction is brimming with original art, precious gems and other treasures. Antique gold coins, diamond necklaces and a fine oil-on-canvas painting by renowned California Impressionist Granville Redmond (1871-1935) are among the top highlights in the sale. Most of the 1,300 lots have $2 starting bids and will be available to bidders worldwide through LiveAuctioneers.com.

The Granville Redmond work, titled “Sunny Stubblefield,” is a 9½ by 12½-inch landscape that features a slumbering ranch house surrounded by turquoise skies, old oak trees and blades of California sage grass. The label on verso reveals provenance from “Schussler Bros., Art Dealers, 285 Geary St., San Francisco.

Redmond is regarded as one of the first tonalist painters of the California school. As a child, he was deaf due to a bout with scarlet fever. He attended a school for the deaf where he was taught painting, and went on to study in San Francisco and Paris. He is best known for landscapes featuring poppies, trees and mountains.

“Usually paintings of this caliber are snatched up by a high-end auction house such as Christie’s or Sotheby’s. We are truly pleased to have acquired the Granville Redmond oil on canvas through a California estate sale,” said Government Auction’s chief auctioneer Paul Sabesky. The work is expected to realize $25,000-$30,000.

Among the top pieces of fine jewelry to be auctioned is a stunning 26-carat diamond necklace. The 14K white gold eternity necklace measures 17 inches and is styled as a flexible “ribbon” with 59 graduating round-cut brilliant diamonds that terminate in a concealed clasp with twin safeties. Also included within the multitude of elegant jewelry pieces is a 51.28-carat tanzanite and diamond necklace. Measuring 18 inches long, it is 14K white gold with 22 oval-cut natural tanzanite surrounded by round-cut diamonds having a total weight of 7.39 carats. Those diamonds are in addition to the main gemstones, which weigh 51 carats. In total, the necklace weighs 60.30 grams.

Leading the watch category is an Audemars Piguet Royal Oak Offshore men’s watch. Audemars Piguet is known as the master of precision in watch manufacturing. The watch is comprised of a black leather band with a copper case that encloses a white face and black dials. Another luxury timepiece in the sale is a 14K gold ladies’ Rolex with gold serpentine band and octagonal gold case with white face and gold numbering.

A much larger timekeeper highlights the antiques section of the sale – a 3-piece Ansonia clock set estimated at $2,250-$4,500. The Ansonia Clock Company was a major 19th-century American clock manufacturer based in New York. The firm crafted thousands of clocks in a wide variety of styles that are as popular with today’s collectors as they were with families of more than a century ago.

Gold coins have become a staple at Government Auction event, and based on the excitement and number of bids placed on them in the California company’s recent auctions, it’s obvious that collectors are pursuing them aggressively. A special entry in the Oct. 28 auction is an 1883 $10 Liberty gold coin. Also known as the “Coronet,” the coin was designed by sculptor Christian Gobrecht. The Coronet features Lady Liberty wearing her hair in a loose bun with a coronet on her head inscribed with the words “Liberty.” An American Eagle is shown with the words “United States of America” and motto “In God We Trust.” The composition of the coin is 90% gold and 10% copper, which accounts for its beautifully warm, golden hue. Another numismatic treasure to be auctioned is a $5 Indian Head gold coin.

Last but certainly not least, a 2001 Bentley Azure stands ready to transport some lucky bidder to their home or other destination. Equipped with a ‘Special S’ package, the black with black interior luxury vehicle is in excellent condition and has only 17,000 original miles on its odometer. Estimate: $300,000-$600,000. Note: This car must be picked up from Government Auction’s premises in Techachapi, California.

Government Auction’s Sunday, Oct. 28, 2012 auction event will commence at 6:30 a.m. Pacific Time/9:30 a.m. Eastern Time. For additional information on any lot in the sale, call Debbie on 661-823-1543 or e-mail info@governmentauction.com.

View the fully illustrated catalog and sign up to bid absentee or live via the Internet at www.LiveAuctioneers.com.

About Government Auction:

Government Auction is one of the most reputable jewelry and gem clearinghouse companies in the United States, with more than 20 years of experience. The Southern California-based firm works closely with agencies and individuals, including the IRS, bank and trust officers, and estate and bankruptcy trustees to liquidate confiscated assets such as fine jewelry, luxury vehicles, gold coins and artworks.

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