As expected, the William Eggleston dye transfer printers’ proofs from the collection of Guy Stricherz and Irene Malli performed admirably earlier this week at Phillips. It was a white glove sale (with all of the lots finding buyers), with several new records set for Eggleston outcomes (highest single lot, highest dye transfer print, and highest outcomes for specific individual images). With 15 positive surprises to further drive the numbers upward, the Total Sale Proceeds (of roughly $5.67M) came in near the top end of the aggregate pre-sale estimate range.
The summary statistics are below (all results include the buyer’s premium):
| Summary Statistics | |
|---|---|
| Total Lots | 43 |
| Aggregate Pre Sale Low Estimate | $3806000 |
| Aggregate Pre Sale High Estimate | $5737000 |
| Total Lots Sold | 43 |
| Total Lots Bought In | 0 |
| Buy In % | 0.00% |
| Total Sale Proceeds | $5665950 |
Here is the breakdown (using our typical Low, Mid, and High definitions):
| Detailed Breakdown | |
|---|---|
| Low Total Lots | 3 |
| Total Low Lots Sold | 3 |
| Total Low Lots Bought In | 0 |
| Low Buy In % | 0.00% |
| Aggregate High Estimate of Low Lots | $27000 |
| Total Proceeds from Low Lots | $87630 |
| Mid Total Lots | 27 |
| Total Mid Lots Sold | 27 |
| Total Mid Lots Bought In | 0 |
| Mid Buy In % | 0.00% |
| Aggregate High Estimate of Mid Lots | $640000 |
| Total Proceeds from Mid Lots | $998220 |
| Total High Lots | 13 |
| Total High Lots Sold | 13 |
| Total High Lots Bought In | 0 |
| High Buy In % | 0.00% |
| Aggregate High Estimate of High Lots | $5070000 |
| Total Proceeds from High Lots | $4580100 |
The top lot by High estimate was lot 12, William Eggleston, Los Alamos (101 prints), 1965-1974/2001-2007, estimated at $2000000-3000000; it was also the top outcome of the sale at $1875000, a new record for a single lot by the artist (image above via Phillips).
93.02% of the lots that sold had proceeds in or above the estimate range and there were a total of 15 positive surprises in the sale (defined as having proceeds of at least double the high estimate) (images above via Phillips):
Lot 2, William Eggleston, Memphis, Tennessee (Karen Chatham, left, with the artist’s cousin Lesa Aldridge), 1974/2010, estimated at $40000-60000, sold at $165100
Lot 4, William Eggleston, Untitled (woman in orange), c1970-1974/2012, estimated at $8000-12000, sold at $73660
Lot 5, William Eggleston, Untitled (Esso sign), c1970-1974/2012, estimated at $10000-150000, sold at $69850
Lot 6, William Eggleston, Untitled (Mississippi), 1976/2011, estimated at $20000-30000, sold at $69850
Lot 7, William Eggleston, Untitled (bank parking lot, Plains), 1976/2011, estimated at $7000-9000, sold at $25400
Lot 9, William Eggleston, Memphis, Tennessee (Marcia Hare), 1974/2010, estimated at $50000-70000, sold at $203200
Lot 11, William Eggleston, Memphis (supermarket boy with carts), 1965/2015, estimated at $70000-90000, sold at $215900
Lot 18, William Eggleston, Untitled (woman with ice cream), c1970-1974/2012, estimated at $10000-15000, sold at $33020
Lot 20, William Eggleston, Untitled (pink bathroom), c1970-1974/2012, estimated at $7000-9000, sold at $38100
Lot 26, William Eggleston, Untitled (young couple), c1971-1974/2012, estimated at $8000-12000, sold at $50800
Lot 28, William Eggleston, Untitled (golfers), c1970-1975/2012, estimated at $7000-9000, sold at $24130
Lot 30, William Eggleston, Untitled (yellow car), c1976/1999, estimated at $15000-25000, sold at $53340
Lot 41, William Eggleston, Untitled (boy and car), c1970-1974/2012, estimated at $10000-15000, sold at $44450
Lot 42, William Eggleston, Untitled (brown car), c1970-1974/2012, estimated at $8000-12000, sold at $30480
Lot 43, William Eggleston, Untitled (woman in green dress), c1970-1974/2012, estimated at $8000-12000, sold at $30480
The complete lot by lot results can be found here.
Press prints?
Press or printer’s proofs (made by the printer for final color matching/approval) not press prints (in the parlance of images made for newspaper circulation/reproduction). Sorry for any confusion.