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Follow on Google News | New world records are set in Poster Auctions International's Rare Posters Auction #89 held March 26The auction, which grossed $1.8 million, evidenced the continued passion for collecting vintage posters, especially rare and seldom seen lithographs. The top lot overall was Alphonse Mucha's 1902 decorative panels titled The Stars.
By: Poster Auctions International, Inc. Jack Rennert, President of PAI, said, "We are once again humbled by the enthusiasm displayed by our clients at auction. Despite the recent banking insecurity felt around the world, poster lovers were eager to bid on their favorite lots and grow their collections." Alphonse Mucha was a major draw for collectors. His 1902 The Stars decorative panels were the top lot of the sale, with a winning bid of $114,000 (est. $70,000-$90,000) All prices quoted include the buyer's premium. Bids were similarly enthused for works by Leonetto Cappiello, the father of modern advertising. Further auction records were broken with his 1902 Pur Champagne / Damery-Epernay, which was won for $5,760 (est. $3,000-$4,000); From the Art Nouveau era, Privat Livemont's 1896 Absinthe Robette was sold for $24,000 (est. $20,000-$25,000. From Ludwig Hohlwein, the extremely rare 1912 Besuchet den Tiergarten charmed collectors, leading to a winning bid of $13,200 (est. $8,000-$10,000) Poster Auctions International's next Rare Posters Auction will be held in New York on July 18. Consignments are accepted until April 30. Poster Auctions International is located at 26 W. 17th Street, New York, NY 10011. PAI may be reached by phone at 212-787-4000, or via email at info@posterauctions.com. To learn more, visit www.posterauctions.com. End
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