The results of the recent Photography sale at Villa Grisebach in Berlin were generally solid. While the overall Buy-In rate was a bit high (just over 30%), there were enough positive surprises to bring the Total Sale Proceeds in at the midpoint of the estimate range.
The summary statistics are below (all results include the buyer’s premium):
| Summary Statistics | |
|---|---|
| Total Lots | 161 |
| Aggregate Pre Sale Low Estimate | €474200 |
| Aggregate Pre Sale High Estimate | €654400 |
| Total Lots Sold | 111 |
| Total Lots Bought In | 50 |
| Buy In % | 31.06% |
| Total Sale Proceeds | €553636 |
Here is the breakdown (using the Low, Mid, and High definitions from the preview post):
| Detailed Breakdown | |
|---|---|
| Low Total Lots | 141 |
| Total Low Lots Sold | 96 |
| Total Low Lots Bought In | 45 |
| Low Buy In % | 31.91% |
| Aggregate High Estimate of Low Lots | €416400 |
| Total Proceeds from Low Lots | €353556 |
| Mid Total Lots | 20 |
| Total Mid Lots Sold | 15 |
| Total Mid Lots Bought In | 5 |
| Mid Buy In % | 25.00% |
| Aggregate High Estimate of Mid Lots | €238000 |
| Total Proceeds from Mid Lots | €200080 |
| 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 | NA |
The top lot by High estimate was lot 2086, Martin Munkacsi, Brasilien erstickt im Kaffee, 1932, estimated at €15000-20000; it sold for €24400. The Munkacsi print shared the top outcome honors with lot 2046, Hugo Erfurth, Otto Dix in Profil, 1920, estimated at €8000-10000, and also sold for €24400. (image at right, top, via Villa Grisebach)
96.40% of the lots that sold had proceeds in or above the estimate. There were a total of 19 surprises in this sale (defined as having proceeds of at least double the high estimate):
Lot 2003, Ansel Adams, Oaktree, Snowstorm, Yosemite National Park, California, 1948/later, estimated at €700-900, sold at €1952
Lot 2012, Aenne Biermann, Ohne Titel (Montage), 1931, estimated at €2000-3000, sold at €9150 (image at right, bottom, via Villa Grisebach)
Lot 2013, Aenne Biermann, Feuerwerk, 1928, estimated at €1000-1500, sold at €4270
Lot 2014, Aenne Beirmann, Paprika rund, 1928, estimated at €1000-1500, sold at €7930
Lot 2019, Aenne Biermann, Mein Kind, 1931, estimated at 2€000-3000, sold at €6100
Lot 2046, Hugo Erfurth, Otto Dix in Profil, 1920, estimated at €8000-10000, sold at €24400
Lot 2053, Arno Fischer, Marlene Dietrich, Moskau, 1964/later, estimated at €1000-1500, sold at €4636
Lot 2081, Herbert Matter, Alberto Giacometti, Paris, 1965/later, estimated at €800-1000, sold at €3416
Lot 2087, Paco, Ohne Titel, 1935, estimated at €500-700, sold at €1952
Lot 2089, Albert Renger-Patzsch, Butte auf der Strasse, Weinlese an der Mosel, 1927, estimated at €2000-3000, sold at €6100
Lot 2096, Max Scheler, A hard day’s night, London, 1964/later, estimated at €900-1100, sold at €2440
Lot 2098, Jeanloup Sieff, Nude climbing a dune, Le Pyla,1970/1975, estimated at €1500-2000, sold at €4636
Lot 2100, Michel Sima, Alberto Giacometti in seinem Studio rue Hippolyte-Maindron, 1946/later, estimated at €2000-3000, sold at €7930
Lot 2116, Anton Corbijn, Miles Davis, 1985/1990, estimated at €5000-7000, sold at €20740 (image at right, middle, via Villa Grisebach)
Lot 2117, Thomas Florschuetz, Ricochet-II, 2tellig, 1997/1999, estimated at €4000-6000, sold at €13664
Lot 2122, Jitka Hanzlova, Alexandra, Coney Island, 2000/2003, estimated at €700-900, sold at €2074
Lot 2134, Robert Mapplethorpe, Tulips, 1983, estimated at €7000-9000, sold at €20740
Lot 2140, Judith Joy Ross, Untitled from Eurana Park, Weatherly, PA, 1982, estimated at €1200-1800, sold at €4880
Lot 2150, Thomas Struth, Pergamon V, Berlin, 2001, estimated at €800-1200, sold at €2440
Complete lot by lot results can be found here.
