Going once, going twice, sold! Our very own Chloe Aiello got the chance to visit Christie's Auction house to get a peek at some rare items going up for bid today from the collection of Ann and Gordon Getty. 

<div class="block">Going once, going twice, sold! Our very own Chloe Aiello got the chance to visit Christie&#39;s Auction house to get a peek at some rare items going up for bid today from the collection of Ann and Gordon Getty. </div>
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Wake Up With Cheddar

On the Scene: Rare Items From Getty Collection Up for Auction at Christie's 

Back everyone to Cheddar News. I'm Baker going once, going twice sold our very own Chloe. I got the chance to visit Christie's auction house to get a peek at some very rare items going up for bid today from the collection of an Ann and Gordon Getty. Let's take a fancy look. I'm here at iconic auction house, Christie's where we're getting a sneak peek of the upcoming Temple of Wings auction which showcases the incredible collection from philanthropists and in Gordon Getty, it has everything from rare textiles and stained glass, from Tiffany's to Timeless antiques worth hundreds of thousands of dollars. And I'm here with Elizabeth Siegel, head of iconic and private collections at Christie's to talk all about this option. Elizabeth. Thanks for having us. My pleasure. Let's start with the best. First. What can you tell us about the top lot of this auction? Oh, I would love to. So the auction has a lot of both paintings and decorative arts, but the top lot is actually this wonderful painting from the late 19th century by Sir Lawrence Alma Tama. It's entitled Coin Advantage and has an estimate of 2.5 to $3.5 million has these beautiful full figures gazing down into the sea and we actually have found the place that was painted in Capri. Now, this room is really a show stopper and there's a couple different things that I would like to learn more about. What can you tell us about this room in general? Well, here we have highlights from the collection that are all by Tiffany Studios and Mrs Getty's collection of Tiffany glass is just fantastic. This is one of my favorite lots. The stained glass window is from 19 oh eight and was designed by Tiffany Studios for Charles Rushmore for his home um Carmo. Um And what I think it's just lit so beautifully in the sky so iridescent and um the estimate of this piece is 300 to $500,000. You can really see all the depth of color in here. It's so impressive, but there's actually an item in here that's expected to get even more than this window. What can you tell me about it? This is the item we've been waiting for. Well, it's one of my favorite pieces of Tiffany. It's this gorgeous wisteria lamp um which has an estimate of 400 to $600,000. And it's actually one of the most iconic pieces from Tiffany's U. Um And what makes it so special to this collection is that Mrs Getty actually had wisteria growing all on the facade of Temple of wings. So I think it makes that very personal piece um in the collection. Now, just looking at this, there's obviously an incredible amount of craftsmanship that went into it. What goes into appraising something like this particular lamp. Well, we have experts in so many different fields at Christie's and our design team are the leading experts in Tiffany glass and they take into account many different things from its rarity, its provenance, its condition and similar examples that have sold in the market. Um Just last week at Christie's, we actually had our design sales which featured some different pieces of Tiffany glass and they all performed very well against estimate. And so we're really eager to see how these pieces from the Getty sell now. And Getty was obviously such a powerful force in this home. And I love the Long Gallery because you can actually kind of see her. What can you tell us about these outfits? Well, these are Fortuny capes and dresses and cloaks owned by Mrs Getty. And I think just really speak to her total collecting. She would wear these garments when she entertained a temple of wings and really speaks to her the way she looked at everything holistically and how much would one of these dresses actually fetch? So the estimates for these are all around 3 to $4000 but they're actually in our online sales and bidding for all lots in the online sales begins at just $100. So I really encourage people to take a look and bid in the sale. Wow, $100. Well, that's the cheap thing. I mean, hello, that Tiffany Lampton was $600,000. Where, what room do you even? And it might even go for hire. You never know. And a coming up shortly, Chloe gets a scoop on how an auction like this even comes together. I've always been interested in that. Good morning, everyone. Welcome back to wake of a chatter. I bake a chat. We're live in Lower Manhattan and earlier our own Chloe a showed you all the gorgeous items available at Christie's Temple of Wings auction. Now, Chloe steps behind the auctioneers podium. So cool. So take a look. Auction house, Christie's where we're getting a sneak peek of the upcoming Temple of Wings auction. And Elizabeth Segal, head of private and iconic collections at Christie's is here to tell us a little bit more about how auctions actually work. Elizabeth, thank you so much for having us again before we jump into that. Tell us what is Temple of Wings. Well, Temple of Wings is our current sale for An and Gordon Getty last Fall. We actually offered the contents of their San Francisco home across a series of 10 sales. And this week we're offering the contents from their Berkeley Home, Temple of Wings. Now, when you're determining what goes into the collection up for auction, how do you decide what is auction worthy. Well, I think I have the most exciting job at Christie's because I get to work with specialists from across the company and seeing what's there in a collection. And what we like to do with these specific sales is tell a story through objects. Um In the case of Mr and Mrs Getty, each of these pieces were carefully chosen by Mrs Getty to help tell a story. And here at Temple of Wings, she's really picking the best craftsmen from the late 19th and early 20th century to create a wonderful that she really used to entertain. Um in different sales were perhaps telling different stories. I was lucky enough to work on the collection of Andre Leon Talley earlier this sale. And in that case, we got to pick some of his most iconic trunks and fashion and books. So that was really a different experience of getting to choose the objects that told his biography. Now, when you're actually pricing some of the objects in these sales, how do you determine pricing for something that might be considered priceless? Well, that is the job of a specialist. Our specialist really look at a lot of different features when they examine an object. What's the condition? How rare is it? Does it have any special sort of provenance? And they consider all of these things together when they come up with that estimate? But there's the trick of collection sales where we don't know what the auction will add when you layer on top a new name, for instance, that of Mr and Mrs Getty, the estimates you see on the objects are if they belong to you and me and we don't know if people are willing to pay a premium just because it belongs to the Getty and we'll see once the sales close. Now, as you mentioned, this is actually the second round of Getty auctions. So what was the big ticket item? The first time around? There were so many um those sales, there were over 1000 objects and the sale totals were over 100 and $50 million. I think the top lot was actually this amazing water color by Mary Cassatt of a woman in a um opera balcony and it actually went to a museum which excited us so much. Now, speaking of what is the big ticket item this time around this time, it's a beautiful painting by Sir Lawrence Alma called Coin Advantage with an estimate of two point 5 to $3.5 million. I want to ask you one last quick question here. You know, obviously some of these items are running in the millions of dollars. What is Christie's going to do with the proceeds of this? Well, we are so excited that a recent trend is that our sellers are actually donating everything to philanthropy and the getty here have designated different charities and all the proceeds from the sale will be going to those Elizabeth Siegel head of private and iconic collections at Christie's. Thank you so much for having us here and our thanks to Chloe Alo and Auction House, Christie's that live auction taking place today. But if you missed that, by the way, at the auction will continue online through tomorrow just in case you want one of those, you know, $100,000 Tiffany lamps. Well, I have to say Mrs Getty's dresses. I mean, I, I mean, they start at $100. I'm sure they'll go for 1000. But that's probably one thing in there that I can maybe afford. You know, I've always like, thought, I maybe had a second career as an auctioneer. Yeah. Yeah. Six, 79899, 3000. Our producer Joe is like, we all see it. Maybe we should do a segment. I'm gonna ask our executive producer, the segment will be called Baker sells it. It'll be anything Tumblr $5.05 dollars right here. Six. Can it be the van of White? And, oh, my God, you and I given the fact that a is now retiring. Maybe that is our next career for the next week we were talking about this. Ryan Seacrest is in the running. Did you hear that? No, maybe it's rumors, but that's what I heard.