Photography-wise, Phillips fared the worst of the big three in the recent Contemporary Art sales in London. The auction house’s photo results were quite a bit softer than the preceding sales at Sotheby’s and Christie’s, with the total sale proceeds for photography falling below the estimate range. For a sense of scale, Sotheby’s total proceeds for photography earlier in the week were more than four times higher.
Pre Sale Low Total Estimate: £774000
Pre Sale High Total Estimate: £1097000
Total Lots Sold: 19
Total Lots Bought In: 8
Buy In %: 29.63%
Total Sale Proceeds: £622525
Low Sold: 5
Low Bought In: 0
Buy In %: 00.00%
Total Low Estimate: £12000
Total Low Sold: £12500
Mid Sold: 7
Mid Bought In: 3
Buy In %: 30.00%
Total Mid Estimate: £100000
Total Mid Sold: £89125
High Sold: 7
High Bought In: 5
Buy In %: 41.67%
Total High Estimate: £985000
Total High Sold: £520900