March 6, 2021 10:30:20 pm
Late German fashion designer Kar Lagerfeld’s collections of artwork and furniture will be sold at an auction in Monaco this autumn, auction house Sotheby’s said in a statement.
Sotheby’s said it will take about two months to take an inventory of all the objects in eight Lagerfeld residences in France and Monaco.
Lagerfeld, who died Feb. 19, 2019, was a compulsive collector who also regularly sold some of his collection throughout his lifetime.
A collection of Art Deco furniture and objects sold by Sotheby’s in 2003 raised close to 7 million euros. Sotheby’s said it was too soon to estimate how much the auction might raise.
“We are just starting with the inventory. In sales o collections of such major global personalities, the value of the objects is closely linked to their provenance,” Sotheby’s Franc vice-president Pierre Mothes told Reuters.
In 2009, the sale of objects that had belonged to designer Yves Saint Laurent and his companion Pierre Bergé had raised 37 million euros.
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