New York City — The launch of the Newel Auction Platform marked a major milestone in Newel’s history. Our first-ever Modern and Contemporary Art & Design Auction showcased an exceptional selection of 20th- and 21st-century works, drawing international attention and record-setting results.

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In their October 17 issue, Antiques and The Arts Weekly spotlighted the success of this debut sale, describing it as “signaling strong market interest and competitive bidding.” The publication noted that “the majority of lots sold within or above their estimates,” highlighting the confidence collectors and designers have placed in Newel’s eye for quality and authenticity.

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Highlights from the Modern & Contemporary Auction

Among the standout results was a set of eight Kaare Klint Red or Barcelona chairs, circa 1930, which achieved a potential world auction record. Antiques and The Arts Weekly described the collection as “captivating buyers with its rare and distinctive design.”

The sale also featured an extraordinary Isamu Noguchi Akari light sculpture shade, measuring 44 inches in diameter, which brought nearly 30 times its high estimate. The publication noted, “Another possible world auction record may have been set at $23,680.”

These results, along with strong performances from Hervé Van der Straeten, Pierre Yovanovitch, and other leading designers, demonstrate the strength of today’s market and the reach of Newel’s global network of collectors.