Auction Results: Dorothea Lange: The Family Collection (online), October 13, 2022 @Phillips

The results from the single collection sale of Dorothea Lange photographs at Philips last week were generally uneventful. With mostly later prints on offer (but with a terrific family provenance), the action tended to cluster near the estimate ranges, with an overall Buy-In rate of nearly 50%. After the tally, the Total Sale Proceeds (of roughly $230K) came in just under the low end of the aggregate pre-sale estimate range.

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

Summary Statistics
Total Lots 50
Aggregate Pre Sale Low Estimate $252500
Aggregate Pre Sale High Estimate $363500
Total Lots Sold 26
Total Lots Bought In 24
Buy In % 48%
Total Sale Proceeds $231210

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

Detailed Breakdown
Low Total Lots 47
Total Low Lots Sold 23
Total Low Lots Bought In 24
Low Buy In % 51.06%
Aggregate High Estimate of Low Lots $299500
Total Proceeds from Low Lots $168210
Mid Total Lots 3
Total Mid Lots Sold 3
Total Mid Lots Bought In 0
Mid Buy In % 0.00%
Aggregate High Estimate of Mid Lots $64000
Total Proceeds from Mid Lots $63000
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 $0

The top lot by High estimate was lot 3, Dorothea Lange, White Angel Breadline, San Francisco, 1933/later, estimated at $20000-30000; it was also the top outcome of the sale at $25200 (image above via Phillips).

100.00% 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 Phillips):

Lot 17, Dorothea Lange, Queenie, North Carolina, 1938/no later than 1964, estimated at $4000-6000, sold at $16380

The complete lot by lot results can be found here.

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