A historic block-and-shell bureau table, signed by the highly-regarded American cabinet maker John Townsend (1733-1809), sold at Christie's, New York, on January 25 for $2.2m. The sale price represents an impressive 145.6% increase on the piece's $900,000 high estimate.
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Dated 1770, the mahogany bureau table is signed on the underside of the top drawer, suggesting Townsend took a great deal of pride in this particular piece. It is thought to be one of fewer than 10 four-shell-form Townsend desks still in existence and one of only two pieces that bear Townsend's distinctive autograph.
The desk features English-made Rococo brass fittings, which, unusually for furniture of this age, have retained a great deal of their coating and boast a surprisingly even, golden patina.
Townsend is considered one of America's greatest colonial cabinet makers and the four-shell-form remains among his most celebrated designs. At the time of creation, the four-shell-form would have been the top line option available to customers, as the beautiful, shell-carved cabinet doors would have been time consuming to complete.
The high end furniture market has been experiencing something of a boom of late. Madame Pompadour's desk sold at Christie's in December for £3.2m ($5.1m).
For more information on the investment potential of the market, see Paul Fraser Collectibles' free guide to investing in art and photography.
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