World Eiffel Tower steps fetch 274,000 euros at auction

19:45  01 december  2020
19:45  01 december  2020 Source:   msn.com

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Guess how much 14 Eiffel Tower steps fetched at auction ? The wrought-iron steps had been given an estimated value of just , 000 . The competitive bidding began at , 000 but rose steadily as collectors vied for the oversized collectable in the auction room, over the phone and online.

A piece of the original staircase of the Eiffel Tower fetched 553, 000 euros ( million), 10 times its estimated price, in a Paris auction overnight. The 2.7 metre-high chunk is the third of its kind sold in a year. It went to private US buyer after a tense battle between him and another interested party, said

A 14-step chunk of the Eiffel Tower's spiral staircase was sold for 274,475 euros ($328,427) in Paris on Tuesday, nearly 10 times the guide price, auction house Artcurial said.

a statue in front of a building: Stairway to a quarter of a million © STEPHANE DE SAKUTIN Stairway to a quarter of a million

The nearly-three-metre-high artefact was part of the original 1889 staircase that connected the second and third floors of the monument for nearly a century before a lift was installed in 1983.

The staircase was taken down and cut up into 24 chunks.

Twenty pieces were sold to private collections, three were given to French museums and the last was put on display on the first floor of the Paris landmark dubbed the Iron Lady.

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Auction house Artcurial originally estimated the sale price to be between 40, 000 and 60, 000 euros . More than two dozen wrought-iron steps from the original spiral structure, from between the second and third floors of the Paris landmark, were sold to a Middle East collector for 169, 000 euros (0

A Middle East buyer bought the item, which includes more than two dozen steps , at an auction for €169, 000 (2,107 US). A section of stairs from # EiffelTower in #Paris sold for almost 170, 000 euros , around three times the pre-sale estimate. More than 2 dozen wrought-iron steps from original

Today, parts of the staircase can be found next to the Statue of Liberty in New York and at the Yoshii Foundation in Japan.

The chunk sold on Tuesday by a Canadian art collector had been expected to fetch between 30,000 and 40,000 euros but a European collection forked out 274,475 euros ($328,427) for a slice of the original tower.

The price was not a record for a piece of the staircase, with a sale at Artcurial in 2016 triggering a bidding frenzy that ended at 523,800 euros.

The 324-metre Eiffel Tower was built by engineer Gustave Eiffel for the 1889 World Fair in Paris.

Little loved by Parisians at the time, it has since become a much-loved emblem of the French capital.


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