Seances and telepathy experiments delivered the unexpected last week at Swann’s end of the season photography/photobooks sale, jumping to an astonishing $93750 against a pre-sale estimate of $4000-6000. The rest of the sale was much less eventful, with an overall Buy-In rate that hovered near 30 percent and Total Sale Proceeds that missed the low end of the estimate range.
The summary statistics are below (all results include the buyer’s premium):
| Summary Statistics | |
|---|---|
| Total Lots | 274 |
| Aggregate Pre Sale Low Estimate | $1077150 |
| Aggregate Pre Sale High Estimate | $1587600 |
| Total Lots Sold | 192 |
| Total Lots Bought In | 82 |
| Buy In % | 29.93% |
| Total Sale Proceeds | $968391 |
Here is the breakdown (using the Low, Mid, and High definitions from the preview post):
| Detailed Breakdown | |
|---|---|
| Low Total Lots | 247 |
| Total Low Lots Sold | 175 |
| Total Low Lots Bought In | 72 |
| Low Buy In % | 29.15% |
| Aggregate High Estimate of Low Lots | $1122600 |
| Total Proceeds from Low Lots | $729791 |
| Mid Total Lots | 27 |
| Total Mid Lots Sold | 17 |
| Total Mid Lots Bought In | 10 |
| Mid Buy In % | 37.04% |
| Aggregate High Estimate of Mid Lots | $465000 |
| Total Proceeds from Mid Lots | $238600 |
| 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 tied between two lots: lot 150, Ansel Adams, Moon and Half Dome, Yosemite National Park, 1960/1980, and lot 265, Adam Fuss, Untitled, 1997, both estimated at $25000-35000; the Adams did not sell and the Fuss sold for $25000. The top outcome of the sale was lot 35A, (Spiritual), Album of 27 photographs, 1920-1922, estimated at $4000-6000, sold at $93750 (image above, via Swann).
73.44% of the lots that sold had proceeds in or above the estimate range, and there was only 1 surprise in the sale (defined as having proceeds of at least double the high estimate):
Lot 35A, (Spiritual), Album of 27 photographs, 1920-1922, estimated at $4000-6000, sold at $93750 (image above, via Swann)
Complete lot by lot results can be found here.
