Auction Results: Impressions Parisiennes: Une Collection de Photographies, November 30, 2023 @Phillips Paris

Phillips dipped its toe into the French auction market for photographs last week with a modest sale of Paris-themed imagery. The results were uneventful, with a later print by Henri Cartier-Bresson taking the top lot honors. The overall Buy-In rate came in at roughly 30% and there were no positive surprises, leading to Total Sale Proceeds (of roughly €230K) that came in below 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 66
Aggregate Pre Sale Low Estimate €290000
Aggregate Pre Sale High Estimate €443000
Total Lots Sold 46
Total Lots Bought In 20
Buy In % 30.30%
Total Sale Proceeds €230505

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

Detailed Breakdown
Low Total Lots 59
Total Low Lots Sold 42
Total Low Lots Bought In 17
Low Buy In % 28.81%
Aggregate High Estimate of Low Lots €276000
Total Proceeds from Low Lots €167005
Mid Total Lots 7
Total Mid Lots Sold 4
Total Mid Lots Bought In 3
Mid Buy In % 42.86%
Aggregate High Estimate of Mid Lots €167000
Total Proceeds from Mid Lots €63500
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 15, Melvin Sokolsky, Paris (12 prints), 1963/1996, estimated at €30000-50000; it did not sell. The top outcome of the sale was lot 1, Henri Cartier-Bresson, Rue Mouffetard, Paris, 1954/later, estimated at €20000-30000, sold at €21590 (image above via Phillips).

93.48% of the lots that sold had proceeds in or above the estimate range and there were no positive surprises in the sale (defined as having proceeds of at least double the high estimate).

The complete lot by lot results can be found here.

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Read more about: Henri Cartier-Bresson, Phillips

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