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Subject: 
LEGO® Foundation's antique Doll and Toy collection
Newsgroups: 
lugnet.mediawatch
Date: 
Wed, 21 Jun 2006 23:43:41 GMT
Viewed: 
2890 times
  
LAS VEGAS, June 6, 2006

http://biz.yahoo.com/prnews/060606/latu050.html?.v=57

PRNewswire/ -- An extremely rare art series doll created around 1910 by the German firm Kammer & Reinhardt hammered for $120,000 at a sale of the LEGO Foundation’s antique doll and toy collection held May 19-21 in Las Vegas. The doll sold through Proxibid, the Internet facilitator for the sale, establishing a new world record.

“This was the most ever paid online for a doll at auction, and it was also the top lot of the sale overall,” said Ken Maxwell, vice president of Proxibid, based in Omaha. Proxibid provided an Internet bidding platform for Theriault’s, the Maryland-based auction firm that conducted the sale. Theriault’s specializes in dolls and toys.

Online sales for the three-day event totaled nearly $450,000. Total sales for the auction overall topped the $2 million mark. Over 900 bidders were registered online, representing more than 20 countries. Nearly 4,500 bids were placed online and the strongest day for online sales was Saturday, May 20 - a nearly $250,000 sell-through.

“I had the pleasure of attending the auction in person, and the amount of bidder participation onsite, as well as online, was truly staggering,” Maxwell said. “We were elated to be a part of such an historic event. We’ve worked with Theriault’s before, so we knew bidding activity would be brisk. But this exceeded everybody’s expectations.”

There was an added bonus: Theriault’s was able to experience and enjoy Proxibid’s premier broadcasting service for the first time. “By providing a professional camera operator, we were able to follow the action and broadcast detailed video of the items being offered,” Maxwell said. “It was television quality on the Internet.”

The sale comprised the huge antique doll and toy collection amassed by the Christiansen family of Denmark, founders of the LEGO Group. LEGO interlocking toys are ubiquitous in this country and abroad, but there were none in evidence at this sale. It was dedicated entirely to vintage toys and dolls from the 19th and early 20th centuries.

For nearly 40 years, the collection -- consisting mostly of antique dolls, early tin toys, teddy bears, trains, dollhouses and automata -- was made available to the world in a special museum within LEGOland Park in Billund, Denmark, home of the LEGO Group. In 2005, the LEGO Foundation decided to close the museum and auction the collections.

The auction was awarded to Theriault’s. It was held at the Venetian Hotel. “This was a landmark auction, the first significant doll and toy museum in Europe to be offered in the United States through an American auction house,” said Stuart Holbrook, president of Theriault’s. “The turnout and final sales figures were just phenomenal.”

In addition to the Kammer & Reinhardt doll (a model 103, in exceptional condition), other top lots from the dolls category included:

A French bisque portrait doll by Albert Marque from the early 20th century sold for $55,000. A German porcelain lady doll by KPM with early costume realized $32,000. An early German papier-mache lady with ornate coiffure hammered for $24,000. And a Danish porcelain brown-haired doll by Royal Copenhagen Porcelain made $22,000.

In the dollhouses category, a mid-19th century Danish faux half-timbered town house known as “Fruens Vilje” changed hands for $18,000. A late 19th century furnished dollhouse known as “Vita’s Eje” garnered $14,000. An English wooden dollhouse known as “The Sparrowe’s House of Ipswich” also commanded $14,000.

In other dollhouse sales, an early Danish dollhouse with furnishings known as “Mormors Hus” found a new owner for $10,000, while a late 19th century cabinet dollhouse with provenance known as “The Koppel House” gaveled for $9,500. All dolls and dollhouses mentioned, except the Kammer & Reinhardt doll, were sold onsite.

Holbrook pointed out, “The market for quality collectibles like these transcends geography. Much like childhood is an experience that knows no borders, the collecting of rare and valuable dolls and toys is a truly international concern. And the United States is at the forefront of this global phenomenon.”

The thousands of items in the LEGO museum date from the earliest commercial toys in Europe (in the 18th century) to pieces made in the 1920s. A separate museum and archives -- not part of this auction -- will be maintained in Billund. It will house objects from the early years, when LEGO was a small cottage industry.

The LEGO Group was founded in 1932. The 3,000 pieces that were collected and eventually placed on display at the museum were brought together as a showcase, but quickly took on a life of their own. The Christiansen family did not need to found the collection; it was a labor of love, a mirror to the past.

While the Christiansens may have built their museum as a way to show today’s youth what joy could be brought to a child in, say, 1885, the collecting of rare dolls and toys has, over the past three decades, become an adult phenomenon. Theriault’s has been able to capitalize on this trend through its auctions. So, by extension, has Proxibid.

Proxibid is a premier provider of live Internet auction broadcasting services, marketing and advertising for hundreds of auctioneers in the United States, Canada and the United Kingdom. The Proxibid service allows bidders to see, hear and participate in live auctions from the comfort of their home or office via the Internet.

Proxibid’s live bidding service is connected to a powerful auction portal, where auction companies can post their catalogs for bidders to browse and search. As a leading pioneer of live Internet bidding technology, Proxibid continues to dominate the marketplace by offering an unparalleled level of service and support for its customers.

-end of report-



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