Locati LLC is located in Pineville, Bucks County, PA. Locati hosted its last auction before the new year on Sunday, December 17th at noon. Co-owner Michael Locati states, "Our goal is to put together interesting sales each month, I felt like there were a lot of unusual items in this auction, like a pair of Korean wedding chests with horn veneer, a pair of Continental bamboo & rattan Parisian-style lounge chairs, and a barbell form Asprey cocktail shaker, just to name a few". There was a good selection of Japanese, Korean, and Chinese lots in the December auction, some great quality items. There was a lot of interest this past auction resulting in high hammer prices that exceeded estimates.
Locati said this auction had some nice surprises, including the Kangxi brush pot which had a lot of international interest. The Kangxi brush pot more than exceeded its estimate of $1,500 to $2,000 by selling nearly seven times that for a total of $15,500 (not including the buyer premium). A small Japanese satsuma censer sold for $5,250. The censer’s estimated value was set at $300 to $600. Another example is a pair of Spanish Colonial 'Sagrada Familia' figures estimated at $500 to $700 that sold for $3,100 and an oil after Michael Gortskin Wywiorsky (1861-1926) that went for $3,800.