Auction Results: Modern and Contemporary Photographs, November 29, 2017 @Grisebach

Twenty positive surprises were the driving force behind the solid results at the recent Modern and Contemporary Photographs sale at Grisebach in Berlin. While the overall Buy-In rate came in above 35%, the nine highest priced lots all found buyers, and with the extra momentum drawn from the surprises, the Total Sale Proceeds settled firmly into 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 216
Pre Sale Low Total Estimate €661200
Pre Sale High Total Estimate €937400
Total Lots Sold 140
Total Lots Bought In 76
Buy In % 35.19%
Total Sale Proceeds €781624

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

Detailed Breakdown
Low Total Lots 193
Low Sold 122
Low Bought In 71
Low Buy In % 36.79%
Total Low Estimate €493400
Total Low Sold €369374
Mid Total Lots 21
Mid Sold 16
Mid Bought In 5
Mid Buy In % 23.81%
Total Mid Estimate €254000
Total Mid Sold €234750
Total High Lots 2
High Sold 2
High Bought In 0
High Buy In % 0.00%
Total High Estimate €190000
Total High Sold €177500

The top lot by High estimate was lot 2144, Frank Thiel, „Die Alliierten“ (The Allies), 1994, estimated at €80000-120000 (image in preview post). It was also the top outcome of the sale at €100000.

99.29% of the lots that sold had proceeds in or above the estimate range and there were a total of 20 surprises in the sale (defined as having proceeds of at least double the high estimate) (images above, via Villa Grisebach):

Lot 2005, Alfred Eisenstaedt, Central Park after a Snowstorm, New York, 1959/1990-1995, estimated at €2000-2500, sold at €6000

Lot 2006, Sibyllle Bergemann, New York, 1984, estimated at €1200-1500, sold at €3000

Lot 2068, Albert Renger-Patzsch, „Landschaft bei Bochum“, 1929, estimated at €4500-6500, sold at €13750 (image in preview post)

Lot 2083, Alfred Ehrhardt, Sliding Sand on a Steep Slope, from the series „Kurische Nehrung“, 1934/1937, estimated at €2500-3500, sold at €11875

Lot 2086, Albert Renger-Patzsch, Oak, c1958-1959, estimated at €1200-1500, sold at €3500

Lot 2096, Ellen Auerbach, Big Sur, 1949, estimated at €1000-1200, sold at €3500

Lot 2107, Horst P. Horst, Lisa: Hands with Flask & Flowers, N.Y., 1941/later, estimated at €1500-2000, sold at €6875

Lot 2111, Lotte Jacobi, Claire Bauroff, Dancer, 1928/later, estimated at €800-1200, sold at €3750

Lot 2129, Ludwig Mies van der Rohe, Bank- and Office Building in Stuttgart, Project Design, c1928, estimated at €10000-15000, sold at €41250

Lot 2134, Albert Renger-Patzsch, „Innenansicht der Petrikirche“, 1928, estimated at €1600-1800, sold at €4125

Lot 2138, Will McBride, Wall with white strip, Berlin, 1957/later, estimated at €1100-1300, sold at €3000

Lot 2142, August Sander, Village Schoolteacher, 1942/later by Gunther Sander, estimated at €1800-2400, sold at €5000

Lot 2151, Christer Strömholm, Hiroshima, 1963, estimated at €6000-8000, sold at €17500

Lot 2174, Aenne Biermann, Spielbälle, 1929, estimated at €1500-2000, sold at €8125

Lot 2179, Marta Hoepffner, Feuervogel, 1940, estimated at €800-1000, sold at €6500

Lot 2184, Lotte Jacobi, Polar Bear at the Berlin Zoo, 1930, estimated at €600-800, sold at €2250

Lot 2186, Ralph Gibson, From the series „Déjà-vu“, 1972, estimated at €800-1200, sold at €4000

Lot 2189, František Drtikol, Salomé, 1925, estimated at €500-700, sold at €2500

Lot 2194, Lucien Clergue, From the series „Nu de la Forêt“, c1970, estimated at €800-1200, sold at €2500

Lot 2197, Robert Doisneau, Jean Arp, 1958/1980, estimated at €1200-1800, sold at €4000

Complete lot by lot results can be found here.

Read more about: Aenne Biermann, Albert Renger-Patzsch, Alfred Ehrhardt, Alfred Eisenstaedt, August Sander, Christer Strömholm, Ellen Auerbach, František Drtikol, Horst P. Horst, Lotte Jacobi, Lucien Clergue, Marta Hoepffner, Ralph Gibson, Robert Doisneau, Sibylle Bergemann, Will McBride, Villa Grisebach Auktionen

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