York Simpson Underwood Makes History with Art Referral
Published December 9th, 2007
York Simpson Underwood of Raleigh, North Carolina, made Christie’s Great Estates history by setting the mark for the highest priced art ever referred to Christie’s by an affiliate. Andrew Wyeth’s The Intruder, which was consigned by a York Simpson Underwood client, sold for $5.75 million at Christie’s November 29 Important American Paintings, Drawings, and Sculpture sale in New York City, and was the top-selling lot in the sale and the second highest auction price ever for the artist.
The tempera on panel work was executed in 1971 on the Goose River in Maine, and features the artist’s yellow Labrador Retriever standing at attention on a rock in midstream. The lot, which captures the haunting realism that has made Wyeth one of the most enduring figures in American art, was the sale’s top-seller, and the second highest auction price ever for that artist.
“I am thrilled by this record set by York Simpson Underwood,” says Rick Moeser, Vice President of the Southeast Region. “The sale of the Andrew Wyeth painting demonstrates how Christie’s auction house and Christie’s Great Estates affiliated real estate brokerages can create a powerful business synergy.”
“Christie’s is another one of the valuable ways York Simpson Underwood provides full service to our clients,” said Wendy Jackson, Vice President of Relocation Services and Exceptional Homes & Estates at York Simpson Underwood Realty. “Not only do we offer full service residential real estate, but through our exclusive affiliation with Christie’s Great Estates, we can offer our clients auction house services. We are so pleased with this great affiliation.”
ABOUT CHRISTIE’S GREAT ESTATES
Christie’s Great Estates, a wholly owned subsidiary of Christie’s, the world’s oldest fine art auction house, was founded as Great Estates by Kay Coughlin in 1987. The company was acquired by Christie’s in 1995, with Coughlin serving as President and CEO, the office she still holds today. Over the past 20 years, Christie’s Great Estates has continued to set the standard for the sale and marketing of important properties and is the largest network of real estate brokers specializing in luxury property sales. This carefully selected network of real estate firms includes more than 850 offices and approximately 35,000 estate agents in more than 40 countries, offering local expertise combined with worldwide reach. The network’s combined sales exceed $125 billion.
For additional information about Christie’s Great Estates, or to learn more about Content Referrals to Christie’s auction house, please contact Lisa Bessone, Director of Communications, at +1 505 983 8733. Visit the Christie’s Great Estates Web site: www.christiesgreatestates.com
ABOUT YORK SIMPSON UNDERWOOD REALTY
York Simpson Underwood Realty and YSU Lending provide homeownership and mortgage services through its team of nearly 300 associates. York Simpson Underwood is a member of The Leading Real Estate Companies of the World(tm), the world’s largest relocation network for independent real estate firms.
York Simpson Underwood’s mission is “To provide the highest level of real estate and home services in the Triangle through a Team of committed professionals who exceed the consumer’s expectations, and enhance the quality of life through active community involvement.” York Simpson Underwood is the leader in the resale of luxury homes in the Triangle Area.
For additional information on York Simpson Underwood Realty, please visit their Web site at www.ysuhomes.com
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