Prominent Rothschild Family Treasures Sell for Over $62M at New York City Auction

A painting by Gerrit Dou from the 17th century fetched over $7 million

The first-ever sale conducted in North America of such items as art and furniture from the collection of the famed Rothschild banking family has netted more than $62 million, Christie's said in a press release Wednesday.

Conducted in New York City, the "Rothschild Masterpieces" auction began on Oct. 11 and was completed on Tuesday. It featured works from the collection of Baron James de Rothschild, his wife Betty, and their sons, Baron Alphonse and Baron Gustave.

“Since the 19th century, the Rothschild name has been defined by a world-class collection of art and objects. Their taste and approach to collecting is unparalleled, and continues to resonate today,” said Csongor Kis, Christie’s European furniture and works of art specialist, in an article posted on the auction house’s website.

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According to Christie's, the leading item from the Rothschilds’ collection, Gerrit Dou’s painting from the 17th century titled A young woman holding a hare with a boy at a window, fetched over $7 million.

Additionally, two sets of chairs by the 18th-century French furniture maker Louis Delanois were sold for $6,221,000, and the Dutch School’s The Triumph of David, a series of painted and embossed leather panels from 1650, garnered $4,406,000. The auction house further announced that a Roman sardonyx cameo portrait of Emperor Claudius netted $2,107,000.

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Other items that raked in big from the "Rothschild Masterpieces" sales included Peasants smoking, drinking and playing games before an inn, a painting by Adriaen van Ostade, for $1,381,000. Another staggering sale was of a Dutch silver-gilt nautilus cup from 1607 that was purchased for $1,502,000.

"This historic sale garnered extraordinary results across the categories we offered, a tribute to the collecting of James, Betty, Alphonse and Leonora de Rothschild,” said Jonathan Rendell, Christie's deputy chairman, Americas, alongside Cécile Verdier, president of Christie’s Paris, in a statement. “Objects which had been with the family for close to 150 years drew bids from collectors, museums and the trade. The many records achieved for these pieces bear witness to their rarity, beauty and provenance.”

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The esteemed auction house also noted that millennials made up an average of 15% of bidders and buyers during the sales period. "Christie’s broke the record for European 18th century seat furniture and then broke that record in the very same sale. Records were also set for Hispano-Moresque and Bernard Palissy earthenware as well as for 17th century flatware," per the release.

Prior to the auction, Rendell told The Art Newspaper: “These are things that have been kept away since the end of the 19th century. And unless you knew this particular branch of the family, you wouldn’t have seen them."

He added, “It’s not the type of thing that, in New York, we normally get to play with. You’re more likely to see a sale like this in Europe.”

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