The German photography season got off to a solid start with the results of Villa Grisebach’s various owner photography sale in Berlin generally meeting expectations. While the buy-in rate was perhaps a little higher than expected at over 30%, the Total Sale Proceeds covered the Total Low Estimate with some room to spare.
The summary statistics are below (all results include the buyer’s premium):
Total Lots: 188
Pre Sale Low Total Estimate: 478300€
Pre Sale High Total Estimate: 662400€
Total Lots Sold: 124
Total Lots Bought In: 64
Buy In %: 34.04%
Total Sale Proceeds: 509530€
Here is the breakdown (using the Low, Mid, and High definitions from the preview post, here):
Low Total Lots: 172
Low Sold: 116
Low Bought In: 56
Buy In %: 32.56%
Total Low Estimate: 456400€
Total Low Sold: 331625€
Mid Total Lots: 16
Mid Sold: 8
Mid Bought In: 8
Buy In %: 50.00%
Total Mid Estimate: 206000€
Total Mid Sold: 177905€
High Total Lots: 0
High Sold: NA
High Bought In: NA
Buy In %: NA
Total High Estimate: 0€
Total High Sold: NA
The top lot by High estimate was lot 1382, Hiroshi Sugimoto, Sea of Galilee, Golan, 1992, at 24000-26000€; it sold for 29750€. The top outcome of the sale was lot 1283, Curt Rehbein, Glaserner Wolkenkratzer, 1922, at 84490€.
82.26% of the lots that sold had proceeds in or above the estimate range. There were a total of 12 surprises in this sale (defined as having proceeds of at least double the high estimate):
Lot 1214, Werner Bokelberg, Uschi Obermaier, 1969/2007, at 2499€
Lot 1262, Nikolai Kossikoff, Ohne Titel, 1930, at 3094€
Lot 1274, Thomas Luttge, Berliner Mauer, Gropius-Bau, Berlin, 1984/2008, at 1547€
Lot 1275, Thomas Luttge, Berliner-Mauer, Brandenberger Tor, Dez. 1989, at 1547€
Lot 1278, Man Ray, Les Larmes, 1930/2008, at 2142€
Lot 1279, Man Ray, Ohne Titel, 1928/2007, at 1666€
Lot 1281, Will McBride, Romy in Paris, 1964/Later, at 3213€
Lot 1283, Curt Rehbein, Glaserner Wolkenkratzer, 1922, at 84490€
Lot 1294, Terry O’Neill, Paul Newman und Lee Marvin, 1972/Later, at 6545€
Lot 1305, Lisl Steiner, Times Square, November 22nd, 1963/1997, at 2499€
Lot 1307, Louis Stettner, Little Girl, Penn Station, 1958/Later, 3213€
Lot 1350, Peter Beard, 1 year old mountain Gorilla, Rwanda before the genocide, 1984/1999, at 36890€
Complete lot by lot results can be found here.
Villa Grisebach Auktionen
Fasanenstraße 25
D-10719 Berlin
