Standard News

Hide Advertisement
  • Business
  • Culture
  • News
  • Technology
  • Trending
Site logo
ADVERTISEMENT
ADVERTISEMENT

Art, furniture and more from the Reagans’ home to be auctioned

June 2, 2016 | By Reuters
The Reagans aboard an unidentified boat

By Chris Michaud

NEW YORK (Reuters) – Furniture, artwork, jewelry and collectible objects that once graced the Los Angeles home of President Ronald Reagan and his wife, Nancy, are headed for the auction block, Christie’s said on Thursday.

Advertisement

The landmark sale, a series of live and online auctions scheduled for September, also encompasses decorative pieces of art, books, ephemera, sculpture, drawings and prints from the Reagans’ home in the affluent Bel Air neighborhood of Los Angeles.

Christie’s said it expects the sale of some 700 lots to take in more than $2 million. But estimates are based on the items’ market value, and the possessions of celebrated figures offered at auction typically have soared to many times their estimates.

Proceeds will benefit the Ronald Reagan Presidential Foundation and Institute, in line with the Reagans’ wishes.

“This prestigious collection offers unprecedented insight into the private lives of President and Mrs. Ronald Reagan,” said Brook Hazelton, president of Christie’s Americas. “Each object offers a ‘through-the-keyhole’ experience revealing as-yet-untold stories of two of the 20th century’s most celebrated public figures.”

Reagan, a former Hollywood actor and California governor, was elected the 40th U.S. president in 1980. He died in 2004. Nancy Reagan died earlier this year at age 94.

The couple presided over a glamorous White House, where bold-faced names from the Reagans’ years before the cameras as actors injected a glitzy element into Washington’s traditionally staid social scene.

Details on the auction items will be announced in coming weeks. Christie’s said the collection includes American, English and Chinese furnishings, many evoking the “Hollywood Regency” style, and many personal objects.

Estimates on individual items range from $1,000 to $50,000.

The auction house said the collection was noteworthy for reflecting the simple and elegant private life the Reagans enjoyed together in Bel Air, where they often entertained.

Nancy Reagan, whose family and estate trustees are holding the sale, once reflected, “So much of your life is on display that to be alone and relaxed was a luxury we looked forward to.”

The sale’s proceeds “will ensure that the foundation, and the presidential library it supports, will be equipped to pursue its mission,” John Heubusch, the foundation’s executive director, said in a statement.

(Editing by Scott Malone)

tagreuters.com2016binary_LYNXNPEC510T5-VIEWIMAGE

← Previous Post Next Post →
Advertisement - Continue reading below
Share  On Facebook

No constitutional right to concealed guns: U.S. appeals court

Georgia governor vetoes guns on college campuses

A very British, and muddy, Glastonbury wraps up for another year

As ‘Bridgegate’ trial begins, New Jersey’s Christie remains focus

Mylan hit with class action lawsuit over EpiPen pricing

Fourth Baltimore officer opts for bench trial in Freddie Gray case

Lady Gaga caught in bad romance with China after meeting Dalai Lama

‘Star Trek’ turns 50

Terror case opens up Kuwait’s sectarian divisions

Erie Dinosaur Park Worth Sinking Your Teeth Into

load more Loading posts...

sidebar

ADVERTISEMENT
ADVERTISEMENT

sidebar-alt

  • About Us
  • Imprint
  • Contact Us
  • Terms of Service
  • Privacy Policy