Phillips can certainly be pleased with the outcome of the Anthony Terrana single owner photographs sale. Interest was strong across all three price levels, the overall Buy-In rate hovered near 15%, and the Total Sale Proceeds nearly reached the High estimate, powered by a solid number of positive surprises.
The summary statistics are below (all results include the buyer’s premium):
| Summary Statistics | |
|---|---|
| Total Lots | 165 |
| Aggregate Pre Sale Low Estimate | $3718500 |
| Aggregate Pre Sale High Estimate | $5400000 |
| Total Lots Sold | 140 |
| Total Lots Bought In | 25 |
| Buy In % | 15.15% |
| Total Sale Proceeds | $5053750 |
Here is the breakdown (using the Low, Mid, and High definitions from the preview post):
| Detailed Breakdown | |
|---|---|
| Low Total Lots | 78 |
| Total Low Lots Sold | 72 |
| Total Low Lots Bought In | 6 |
| Low Buy In % | 7.69% |
| Aggregate High Estimate of Low Lots | $533000 |
| Total Proceeds from Low Lots | $677625 |
| Mid Total Lots | 64 |
| Total Mid Lots Sold | 50 |
| Total Mid Lots Bought In | 14 |
| Mid Buy In % | 21.88% |
| Aggregate High Estimate of Mid Lots | $1452000 |
| Total Proceeds from Mid Lots | $1348125 |
| Total High Lots | 23 |
| Total High Lots Sold | 18 |
| Total High Lots Bought In | 5 |
| High Buy In % | 21.74% |
| Aggregate High Estimate of High Lots | $3415000 |
| Total Proceeds from High Lots | $3028000 |
The top lot by High estimate was tied between lot 12, Alfred Stieglitz, Georgia O’Keeffe, 1919 (image at right, top, via Phillips), and lot 19, Irving Penn, Harlequin Dress (Lisa Fonssagrives-Penn), 1950, both estimated at $300000-500000. The Stieglitz sold for $302500 and the Penn sold for $290500. The top outcome of the sale was lot 28, Diane Arbus, Identical Twins Cathleen and Colleen, Roselle, NJ, 1967, estimated at $180000-220000, sold at $602500 (image at right, top, via Phillips).
92.14% of the lots that sold had proceeds in or above the estimate range. There were a total of 18 surprises in the sale (defined as having proceeds of at least double the high estimate):
Lot 3, Francesca Woodman, Untitled, Providence, Rhode Island, 1975-1978, estimated at $25000-35000, sold at $86500
Lot 7, Laszlo Moholy-Nagy, Lyon Stadium, 1929. estimated at $90000-120000, sold at $278500
Lot 18, Herb Ritts, Versace Dress, Back View, El Mirage, 1990, estimated at $20000-30000, sold at $68500
Lot 20, Robert Polidori, Galerie Basse, Chateau de Versailles, 1985, estimated at $18000-22000, sold at $45000
Lot 28, Diane Arbus, Identical Twins Cathleen and Colleen, Roselle, NJ, 1967, estimated at $180000-220000, sold at $602500
Lot 29, Angela Strassheim, Untitled (Father & Son), 2004, estimated at $10000-15000, sold at $35000
Lot 137, Pieter Hugo, Abdullahi Mohammed with Mainsara, Ogere-Remo, Nigeria, from Gadawan Kura, The Hyena Men II, 2007, estimated at $10000-15000, sold at $40000
Lot 41, Martine Franck, Children’s Library Built by the Atelier Montrouge, Clamart, France, 1965/later, estimated at $2000-3000, sold at $6875
Lot 45, Lewis Hine, Tenement Product, Chicago, 1907/1920s, estimated at $6000-8000, sold at $52500 (image at right, middle, via Phillips)
Lot 67, Edward Steichen, The Flatiron Evening, 1905, estimated at $5000-7000, sold at $23750
Lot 98, Masao Yamamoto, Selected images from A Box of Ku and Nakazora, 1990-2002, estimated at $6000-8000, sold at $18750
Lot 101, Lynn Davis, Red Pyramid, Dashur, Cairo, Egypt, 1997, estimated at $7000-9000, sold at $20000
Lot 108, Nobuyoshi Araki, Untitled, 1990-2000, estimated at $3000-4000, sold at $11250
Lot 114, Sally Mann, Untitled from Deep South, 1998, estimated at $7000-9000, sold at $26250
Lot 130, Ryan McGinley, Whirlwind, 2003, estimated at $5000-7000, sold at $15000
Lot 140, Mickalene Thomas, Afro Goddess Lover’s Friend, 2006, estimated at $8000-10000, sold at $23750
Lot 158, Alex Prager, Annie, 2007, estimated at $5000-7000, sold at $30000 (image at right, bottom, via Phillips)
Lot 159, Alex Prager, Wendy from Week-End, 2009, estimated at $7000-9000, sold at $21875
Complete lot by lot results can be found here.
