Unbelievable sale of flags at Sotheby's
 

Then view the results in the case of Russian auctions, and came to the auction, which sold 4 of the American revolutionary flag of 1779-1980 period. And despite the fact that two of them were sold, the remaining two left. The most important thing is the price for which they had left: one for 12,3 million U.S. (4 times above the estimate, Fig. 1), second in 5 million (within the estimate, Figure 2).
It should be noted that this was 2 years ago.

Are the flags really can cost so much ?????

The left is really more similar to the flag. Brighter and more elegant, expensive look. But the right pillowcase for the pillow rather similar. Because cheaper, probably. :)

They love their history
 

People are not very long story, any time it is especially valuable for them, their country loved, earn well, why then the flags can not cost so much? I occasionally look on Discovery Chanel transfer of American Shooter (in our translation of "magic weapons") and is always amazed at how thoroughly examine the Americans in its history, making the reconstruction of the events in "Soldier" played, the technique is reduced, firing replica of an ancient weapon - enthusiasm , mixed with the patriotism complete. So it does not cause much surprise.

I just hard to understand how a cloth, which had thousands of copies, can cost so much money. In my opinion, the art market is surging.

I think the flags should be unique. They probably belonged to some military units, participated in the war of the North-South. And in this case they are really unique and valuable. And though ... You did write that it 1779-1980 (whether 1980 or still 1780?). A war of North and South was in 1861-64. So it's really the other flags. But still, in my opinion, not limited edition.

sorry, sealed, of course - 1779-1780

Interestingly, while this style of art is an investment potential? ))

And not just there, and huge, standing little things .. 16-17 age virtually none.

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Auction house Osenat displays for sale items of furniture and art from the mansion Masserano:
.... No less interesting ensemble designed, apparently, in St. Petersburg at the beginning of XVIII century and consisting of eight silk wall panels with allegorical images of months of the year. The ensemble is divided into three lot to estimate: from € 20 thousand to € 35 thousand each ....

I would say that is cheap. 18-th century, such a unique thing - if still in good condition, not a fake (and silk, as I understand it, is extremely difficult to forge, if at all possible) - should cost much more. But, apparently, yet not too good condition. If silk and wiped the image faded, it seems, the price is right. Silk in fact impossible to restore. In the same St. Petersburg in the palaces of the old silk wallpaper change on the replica. And rightly so, in my opinion. Because those old silk wallpaper without tears will not look. From them, nothing left. And not because they were kept in poor conditions. Just silk is not preserved for so many years, as you it may contain. Probably, and now sell all those old panels, which have replaced the replica. Then just do not mind. And the price is right. Moreover, suppose that for this price will be difficult to sell. Decorative element, no - they can not see anything. And who are they needed then?

Silk tapestry, this unique things, their value reaches 300-500t.evr and vyshe.17-18 is the age of rarities, collectors looking for them around the world ..

Eugene, and if silk fade, then how can we assess what it depicts? or is it restored?

Main score: the time of manufacture of textile products of the carpet, tapestry, etc.

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Typically not restore unless torn ..

Eugene, that is, even if it is faded and is a piece of cloth with pale color inserts in some places, it is still estimated by date of creation?

All right.
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  A flag-all in perfect condition (for 250 years). Plus certainly an interesting provenance.