If this sale is any indication, demand for the mural sized prints of Ansel Adams remains robust. The few Adams murals on offer here delivered more than half the sale proceeds, with the rest of the prints on offer generally settling into their estimate ranges. With a low overall Buy-In rate (12%), the Total Sale Proceeds covered the pre sale High estimate.
The summary statistics are below (all results include the buyer’s premium):
| Summary Statistics | |
|---|---|
| Total Lots | 25 |
| Aggregate Pre Sale Low Estimate | $1246000 |
| Aggregate Pre Sale High Estimate | $1939000 |
| Total Lots Sold | 22 |
| Total Lots Bought In | 3 |
| Buy In % | 12.00% |
| Total Sale Proceeds | $2144875 |
Here is the breakdown (using the Low, Mid, and High definitions from the preview post):
| Detailed Breakdown | |
|---|---|
| Low Total Lots | 0 |
| Total Low Lots Sold | NA |
| Total Low Lots Bought In | NA |
| Low Buy In % | NA |
| Aggregate High Estimate of Low Lots | $0 |
| Total Proceeds from Low Lots | NA |
| Mid Total Lots | 17 |
| Total Mid Lots Sold | 15 |
| Total Mid Lots Bought In | 2 |
| Mid Buy In % | 11.76% |
| Aggregate High Estimate of Mid Lots | $459000 |
| Total Proceeds from Mid Lots | $364375 |
| Total High Lots | 8 |
| Total High Lots Sold | 7 |
| Total High Lots Bought In | 1 |
| High Buy In % | 12.50% |
| Aggregate High Estimate of High Lots | $1480000 |
| Total Proceeds from High Lots | $1780500 |
The top lot by High estimate was lot 6, Ansel Adams, Winter Sunrise, Sierra Nevada from Lone Pine, California, 1941/1961, estimated at $300000-500000; it was also the top outcome of the sale at $545000
100.00% of the lots that sold had proceeds in or above the estimate range, and there were 2 surprises in the sale (defined as having proceeds of at least double the high estimate):
Lot 4, Ansel Adams, Frozen Lake and Cliffs, Kaweah Gap, Sequoia National Park, 1927/1970s, estimated at $10000-15000, sold at $32500 (image above, right, via Christie’s)
Lot 7, Ansel Adams, Clouds, Yosemite Valley, 1945/1970-1975, estimated at $100000-150000, sold at $365000 (image above, left, via Christie’s)
Complete lot by lot results can be found here.
