Auction Results: Kate Moss – From the Collection of Gert Elfering, September 25, 2013 @Christie’s King Street

Christie’s sale of Gert Elfering’s collection of Kate Moss photographs last week in London was a solid success. With a Buy-In rate under 20%, a decent number of positive surprises, and Total Sale Proceeds that fell in the middle of the pre-sale range, Moss once again proved the breadth of her appeal.

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

Summary Statistics
Total Lots 53
Aggregate Pre Sale Low Estimate £1052000
Aggregate Pre Sale High Estimate £1580000
Total Lots Sold 43
Total Lots Bought In 10
Buy In % 18.87%
Total Sale Proceeds £1341250

Here is the breakdown (using the Low, Mid, and High definitions from the preview post):

Detailed Breakdown
Low Total Lots 0
Total Low Lots Sold NA
Total Low Lots Bought In NA
Low Buy In % NA
Aggregate High Estimate of Low Lots £0
Total Proceeds from Low Lots NA
Mid Total Lots 26
Total Mid Lots Sold 21
Total Mid Lots Bought In 5
Mid Buy In % 19.23%
Aggregate High Estimate of Mid Lots £385000
Total Proceeds from Mid Lots £463750
Total High Lots 27
Total High Lots Sold 22
Total High Lots Bought In 5
High Buy In % 18.52%
Aggregate High Estimate of High Lots £1195000
Total Proceeds from High Lots £877500

The top lot by High estimate was lot 19, Chris Levine, She’s Light (Laser 3), 2013, at £100000-150000; it was also the top outcome of the sale at £115875.

100.00% of the lots that sold had proceeds in or above the estimate range, and there were a total of 7 surprises in the sale (defined as having proceeds of at least double the high estimate):

Lot 1, Bruce Weber, Kate Moss, Golden Beach, Florida, 1997/2010, estimated at £4000-6000, sold at £27500 (image above, middle, via Christie’s)

Lot 7, Herb Ritts, Kate Moss I, Malibu, 1994, estimated at £6000-8000, sold at £30000 (image above, left, via Christie’s)

Lot 20, David Sims, Kate Moss, for W, 2006/2010, estimated at £6000-8000, sold at £32500

Lot 36, Arthur Elgort, Kate Moss as Brasserie Lipp, Paris, for Italian Vogue, September 1993, 1993/2013, estimated at £8000-12000, sold at £35000 (image above, right, via Christie’s)

Lot 46, Tim Walker, Kate Moss, reclining in the Coco Chanel suite, The Ritz, Paris, January, for American Vogue, April 2012, 2012/2013, estimated at £10000-15000, sold at £30000

Lot 50, David Sims, Kate Moss, for Paris Vogue, September 2005, 2005/2013, estimated at  £10000-15000, sold at £30000

Lot 57, Mario Testino, Kate Moss, for British Vogue, October 2008, 2008/2010, estimated at £10000-15000, sold at £32500

Complete lot by lot results can be found here.

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