Karl Lagerfeld | The Fashion King’s French Villa Goes To Auction
Investment5 Minutes Read

Karl Lagerfeld | The Fashion King’s French Villa Goes To Auction

December 8, 2021 Share

It doesn’t get more luxurious than high fashion and the genius mind behind some of the biggest houses in the world. Karl Lagerfeld, once the creative director of Fendi and Chanel, has now left behind a collection worth seeing – his multiple kingdoms and precious belongings.

Special pieces from Karl Lagerfeld’s estate in Monaco, Paris and Cologne are set to go up for auction for the first time since his death due to complications of pancreatic cancer. And the gavel has already come down for round one.

The auction in Monaco occurred on the 3, 4 and 5 December 2021. The auction in Paris will be held on 14 and 15 December, and the auction in Cologne will then be held on 22 March 2022. 

“Sotheby’s is paying tribute to this genius of a designer with the sale of over 1000 lots from his residences in France and Monaco, presenting an anthology of his taste but also of his life and career”Sotheby’s

The items will be sold across a series of eight online and live auctions.

He was one of the most acclaimed fashion designers in the world, Karl Lagerfeld who held the position of Creative Director for Chanel and fashion house Fendi, was a living fashion legend.

In addition to his fashion role, he dabbled in directing, photography and art.

From his humble beginnings in 1930s Germany to wearing the crown of fashion designer, Karl Lagerfeld has truly left his mark on the world of high-class luxury. 

Karl Lagerfeld
Harper’s Bazaar

Known for his bold designs and constant reinvention, he was hailed in Vogue as the “unparalleled interpreter of the mood of the moment.” 

After Lagerfeld died in Paris on 19 February 2019, his control of the fashion world for nearly 50 decades left a huge indent within luxury fashion history. 

His unrivalled contribution to the fashion industry changed the way women dressed and perceived fashion that inspired many young designers throughout his life. 

In addition to his own miniature Versailles home, Lagerfeld maintained residences in Paris and Monaco. 

Karl Lagerfeld
Karl Lagerfeld Home In Paris. Pinterest

Now, his lovingly curated estate, from artwork to furniture to his famed, custom-made leather gloves, spread across his multiple properties, is ready for a second life

His impeccably decorated villa, outside of Paris, has remained just as he left it.

According to Guest of a Guest, within his villa, he left behind a number of his treasures to form part of the auction pieces. 

These include his Goyard trunks, a portrait of the man himself by Takashi Murakami, and a specially commissioned sculpture of the designer’s beloved cat, Choupette (this sold at auction for €20,160)

One of the items highlighted was a Terzani chandelier, which hangs over a dining table which can cost up to $52,000 (£39,000). This item went for €289,800

In the room is a Bruno Paul couch, which will also be auctioned. The average cost is estimated to run for $11,000 (£8300). 

Karl Lagerfeld
Portuguese artist Joana Vasconcelos was commissioned to create this sculpture of Lagerfeld’s cat in 2013. COURTESY OF SOTHEBY’S
Karl Lagerfeld

Karl Lagerfeld
Pavillon de Voisins in Louveciennes near Paris is the last home Lagerfeld purchased before his death. COURTESY OF SOTHEBY’S
Karl Lagerfeld
Dom Pérignon Balloon Venus by Jeff Koons
Karl Lagerfeld
Pavillon de Voisins in Louveciennes near Paris. Photography: Sotheby’s.

Pierre Mothes, Sotheby’s senior director and head of the sale, previously told Galerie Magazine that the items in the auction are expected to range in price from $11 for Karl’s very own dishes of his beloved cat, to $445,000 (£335,000) for his Rolls-Royce.

Sotheby’s Karl Lagerfeld’s Estate Part I auction, the first of three, included 582 lots and 1,000-plus items in addition to the cars.

However, in Monaco, three of Karl Lagerfeld’s Rolls-Royces sold for a total of $1.33 million (£1 million).

Other items that will be auctioned include a Jeff Koons Balloon Venus and a Sue Et Mare piano. 

All further proceeds from the auction will go to his estate.

Bloomberg stated that on 6, December 2021, Sotheby’s claimed that they had sold 100% of available lots, achieving €12 million in total sales, or four times the pre-sale estimates.

SEE MORE: Crypto Check | Squid Game Scammers & The Rise Of The Altcoin