Christie’s First Elton John Sale Raises $8m

Tash Perrin, Deputy Chairman, Christie’s Americas, selling a pair of silver leather tall platform boots for $94,500

On the evening of 21st February, Christie’s highly anticipated auction of The Collection of Sir Elton John: Goodbye Peachtree Road began with Opening Night, a sale honouring Elton John and his discerning eye for collecting. Elton John carefully curated a diverse array of items across various categories, and tonight paid homage to the significant contribution the Atlanta chapter had played in his collecting endeavours. The sale featured 49 lots, and was 100 percent sold, achieving a total of $8 Million. Sales will continue through 28th February, both live and online.

The first four lots featured in the auction each skyrocketed past their estimates – signature pieces synonymous with Elton John’s iconic style. A Pair of Silver Leather Tall Platform Boots, with red leather letters E and J circa 1971 sold for $94,500 – 19 times the low estimate of $5,000, and a signature pair of Prescription Sunglasses Sir Winston Eyeware, circa 1975 sold for $22,680, 11 times the low estimate.

Opening Night was led by Banksy’s Flower Thrower Triptych, a work Elton John acquired directly from the artist, which achieved $1,925,500. Elton John’s beloved 1990 Bentley Continental, a car that travelled with him internationally, from Atlanta to Los Angeles to the South of France, generated exceptional results. Inspiring lively and spirited bidding from 24 bidders online, on the phone and in the room, it sold for $441,000 against a low estimate of $25,000 to a buyer on the phone.

Elton John
Lot 13, Banksy, Flower Thrower Triptych

Outstanding results were achieved for the three wristwatches featured in the sale including a RoIex Daytona with leopard-print dial which sold for $176,400 against its low estimate of $40,000, setting a new world auction record for the model.

A limited-edition Cartier, Paris, Crash sold for $277,200, almost four times its low estimate of $70,000. A Signed Cartier, Paris, Tank Normale sold for $176,400, almost nine times the low estimate of $20,000 – another record for the model. The group in total achieved $630,000 against a total low estimate of $130,000 for all three timepieces.

Bond

Speaking to the strong bond between the Versace family and Elton John, a group of Vintage Gianni Versace silk shirts sold for $30,240, more than seven times their low estimate of $4,000. A Versace (Rosenthal) Porcelain ‘Medusa Red’ Table Service sold for $55,440 against a low estimate of $4,000.

Elton John
Lot 38, Cartier 18k white gold wristwatch

Tash Perrin, Deputy Chairman, Christie’s Americas, comments: “The view from the rostrum this evening was fantastic; with an incredible energy in the room and outstanding activity online. It was a privilege to auction Elton John’s inspiring collection. We were thrilled with the results of tonight’s top lot: the Banksy Flower Thrower Triptych which exceeded the high estimate. We were also delighted to see so many lots far surpassing their high estimate with objects ranging from a Versace dinner service set to EJ monogrammed boots. We could not be more excited as we embark on the Day Sales beginning tomorrow morning.”

Elton John
Lot 49, 1990 Bentley Continental Convertible, coachwork by Mulliner Park Ward

The Collection of Sir Elton John: Goodbye Peachtree Road live sales continue. The first session for The Collection of Sir Elton John: Day Sale begins on 22nd February and the second session will take place on 23rd February. Online sales remain open for bidding until 27th – 28th February.

The Collection of Sir Elton John: Goodbye Peachtree Road Online Sales:
The Collection of Sir Elton John: Elton’s Versace 9th – 27th February
The Collection of Sir Elton John: Honky Château 9th – 27th February
The Collection of Sir Elton John: The Jewel Box 9th – 27th February
The Collection of Sir Elton John: Love, Lust and Devotion 9th – 28th February
The Collection of Sir Elton John: Elton’s Superstars  9th – 28th February
The Collection of Sir Elton John: Out of the Closet  9th – 28th February

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