NEW YORK--(BUSINESS WIRE)--Christie's announces it has been entrusted with the sale of The Private Collection of President and Mrs. Ronald Reagan, the celebrated 40th President and First Lady of the United States. This landmark auction is slated for September 2016 to coincide with Christie’s Americana Week sales series in New York. Per the Reagans’ wishes, proceeds from the auction are designated for The Ronald Reagan Presidential Foundation and Institute.

The sale encompasses furniture, decorative works of art, books, memorabilia, jewelry, paintings, sculpture, drawings and prints from President and Mrs. Reagan’s home in Los Angeles, California. The collection includes American, English, and Chinese furnishings selected for the home’s beautifully appointed Ted Graber-designed interiors, paying homage to the William Haines ‘Hollywood Regency’ style. The collection will be sold in a sequence of live and online auctions. Estimates on individual items range from $1,000 to $50,000, and the sales are expected to realize in excess of $2 million total.

Brook Hazelton, President of Christie’s Americas, noted: “Christie’s is honored to be entrusted with this prestigious collection which offers unprecedented insight into the private lives of President and Mrs. Ronald Reagan. Each object offers a ‘through the keyhole’ experience revealing as-yet untold stories of two of the 20th century’s most celebrated public figures.”

"The generosity and foresight of President and Mrs. Reagan will ensure that the Foundation, and the presidential library it supports, will be equipped to pursue its mission," said John Heubusch, Executive Director of the Ronald Reagan Presidential Foundation and Institute. "It is our honor to fulfill their wishes for the benefit of countless numbers who will visit the Reagan Library in the future."

More details of the Collection will be announced in the coming weeks. The complete sale catalogue will be available late summer 2016. For more information please visit www.christies.com/reagan.

About the Reagan Foundation and Institute

The Ronald Reagan Presidential Foundation and Institute is a nonprofit, non-partisan organization which sustains the Ronald Reagan Presidential Library and Museum, the Ronald Reagan Institute, the Center for Public Affairs, the Presidential Learning Center and The Air Force One Pavilion. Located in Simi Valley, California the Library houses over 55 million pages of Gubernatorial, Presidential and personal papers and over 40,000 gifts and artifacts chronicling the lives of Ronald and Nancy Reagan. It now also serves as the final resting place of President and Mrs. Reagan.

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.