Auction Results: Daydreaming: Photographs from the Goldstein Collection, April 2, 2019 @Christie’s

The results from the recent single owner Goldstein sale at Christie’s generally met expectations. The top lot Richard Avedon Dovima with Elephants found a buyer at $615K, and with a overall Buy-In rate at roughly 22%, the Total Sale Proceeds fell comfortably in the middle of the aggregate pre-sale estimate range.

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

Summary Statistics
Total Lots 68
Aggregate Pre Sale Low Estimate $1243500
Aggregate Pre Sale High Estimate $1890500
Total Lots Sold 53
Total Lots Bought In 15
Buy In % 22.06%
Total Sale Proceeds $1614750

Here is the breakdown (using our typical Low, Mid, and High definitions):

Detailed Breakdown
Low Total Lots 43
Total Low Lots Sold 36
Total Low Lots Bought In 7
Low Buy In % 16.28%
Aggregate High Estimate of Low Lots $254500
Total Proceeds from Low Lots $175375
Mid Total Lots 20
Total Mid Lots Sold 13
Total Mid Lots Bought In 7
Mid Buy In % 35.00%
Aggregate High Estimate of Mid Lots $546000
Total Proceeds from Mid Lots $330625
Total High Lots 5
Total High Lots Sold 4
Total High Lots Bought In 1
High Buy In % 20.00%
Aggregate High Estimate of High Lots $1090000
Total Proceeds from High Lots $1108750

The top lot by High estimate was lot 44, Richard Avedon, Dovima with Elephants, Evening Dress by Dior, Cirque d’Hiver, Paris, 1955/1979, estimated at $350000-550000; it was also the top outcome of the sale at $615000 (image above via Christie’s).

79.25% of the lots that sold had proceeds in or above the estimate range and there was just 1 positive surprise in the sale (defined as having proceeds of at least double the high estimate) (image above via Christie’s):

Lot 13, Edward Steichen, Loretta Young, Hollywood, 1931, estimated at $10000-15000, sold at $47500

The complete lot by lot results can be found here.

Send this article to a friend

Read more about: Edward Steichen, Richard Avedon, Christie's

Leave a comment

Your email address will not be published.

Recent Articles

Tania Franco Klein, Long Story Short @Yancey Richardson

Tania Franco Klein, Long Story Short @Yancey Richardson

JTF (just the facts): A total of 7 color photographs, framed in white and unmatted, and hung against white walls in the smaller project gallery. All of the works are ... Read on.

Sign up for our weekly email newsletter

This field is required.