Auction Results: André Kertész: An Important French Collection, November 14, 2014 @Artcurial

The André Kertész sale at Artcurial during Paris Photo generally proceeded without incident. The overall Buy-In rate hovered near 30%, there were few positive surprises, and the Total Sale Proceeds fell in the middle of the pre-sale estimate range.

The summary statistics are below (all results include the buyer’s premium):

Summary Statistics
Total Lots 99
Aggregate Pre Sale Low Estimate €147900
Aggregate Pre Sale High Estimate €231800
Total Lots Sold 69
Total Lots Bought In 30
Buy In % 30.30%
Total Sale Proceeds €170415

Here is the breakdown (using the Low, Mid, and High definitions from the preview post):

Detailed Breakdown
Low Total Lots 96
Total Low Lots Sold 67
Total Low Lots Bought In 29
Low Buy In % 30.21%
Aggregate High Estimate of Low Lots €198800
Total Proceeds from Low Lots €149875
Mid Total Lots 3
Total Mid Lots Sold 2
Total Mid Lots Bought In 1
Mid Buy In % 33.33%
Aggregate High Estimate of Mid Lots €33000
Total Proceeds from Mid Lots €20540
Total High Lots 0
Total High Lots Sold NA
Total High Lots Bought In NA
High Buy In % NA
Aggregate High Estimate of High Lots €0
Total Proceeds from High Lots NA

The top lot by High estimate was lot 29, André Kertész, Les lunettes et la pipe de Mondrian, Paris, 1926/1960-1970, estimated at €10000-15000; it was also the top outcome of the sale at €13000.

97.10% of the lots that sold had proceeds in or above the estimate range and there were a total of 3 surprises in the sale (defined as having proceeds of at least double the high estimate):

Lot 25, André Kertész, Autoportrait au chat, 1940-1950, estimated at €800-1200, sold at €2846 (image above, left, via Artcurial)

Lot 67, André Kertész, Distortion #147, 1933/1974, estimated at €1500-2500, sold at €6775 (image above, right, via Artcurial)

Lot 89, André Kertész, Sans Titre, New York, 17 Aout, 1966, estimated at €1000-2000, sold at €4878 (shown in the preview post)

Complete lot by lot results can be found here.

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