Auction Results: Photographie, November 27, 2013 @Villa Grisebach

Plenty of positive surprises kept the results of Villa Grisebach’s recent photographs sale within striking distance of the pre-sale estimate range. While the mid range lots were particularly soft, the overall Buy-In rate came in near 35% and the top three lots all found buyers.

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

Summary Statistics
Total Lots 206
Aggregate Pre Sale Low Estimate €694450
Aggregate Pre Sale High Estimate €961250
Total Lots Sold 131
Total Lots Bought In 75
Buy In % 36.41%
Total Sale Proceeds €616936

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

Detailed Breakdown
Low Total Lots 175
Total Low Lots Sold 118
Total Low Lots Bought In 57
Low Buy In % 32.57%
Aggregate High Estimate of Low Lots €479250
Total Proceeds from Low Lots €310686
Mid Total Lots 28
Total Mid Lots Sold 10
Total Mid Lots Bought In 18
Mid Buy In % 64.29%
Aggregate High Estimate of Mid Lots €338000
Total Proceeds from Mid Lots €180000
Total High Lots 3
Total High Lots Sold 3
Total High Lots Bought In 0
High Buy In % 0.00%
Aggregate High Estimate of High Lots €144000
Total Proceeds from High Lots €126250

The top lot by High estimate was tied between lot 2140, Peter Beard, Orphaned Cheetah Cubs at National Park Headquarters, Mweiga, nr. Nyeri, Kenya, 1968/later, estimated at €30000-50000, and lot 2118, Edward Steichen, Greta Garbo, Hollywood, 1928, estimated at €40000-50000; the Beard sold for €43750 and the Steichen sold for €37500. The top outcome of the sale was lot 2104, Albert Renger-Patzsch, Album mit 30 Photographien, 1935, estimated at €36000-44000, sold at €45000.

95.42% of the lots that sold had proceeds in or above the estimate range and there were a total of 14 surprises in the sale (defined as having proceeds of at least double the high estimate):

Lot 2002, Laure Albin Guillot, Eiffelturm, Paris/Wasserpeir, Notre Dame, Paris, 1930s, estimated at €1200-1800, sold at €3750

Lot 2012, Aenne Biermann, Ohne Titel (Paprika), 1928, estimated at €1500-2500, sold at €5625

Lot 2026, Eri Brettschneider, Portrait Joachim Ringelnatz, 1923, estimated at €300-500, sold at €2000

Lot 2102, Albert Renger-Patzsch, Portrait Kathe Wittlake/Junge unbekannte Frau/Ronald Gregor Smith, 1930-1950s, estimated at €800-1000, sold at €2500

Lot 2103, Albert Renger-Patzsch, Ohne Titel (Wald), 130s-1940s, estimated at €1200-1500, sold at €3750

Lot 2106, Leni Riefenstahl, Marjorie Gestring, 1936/2000, estimated at €2000-3000, sold at €8500

Lot 2127, Umbo, Drive-in Kino bei Cincinnati, 1952, estimated at €700-900, sold at €4000

Lot 2136, Roger Ballen, Old Man, Ottoshoop, 1983/2000, estimated at €1800-2200, sold at €5000

Lot 2167, Steve McCurry, Afghan Girl, Peshawar, Pakistan, 1984/later, estimated at €12000-15000, sold at €32500 (image above, left, via Villa Grisebach)

Lot 2168, Ryuji Miyamoto, Coney Island, New York, 1981, estimated at €500-700, sold at €1625

Lot 2169, Ryuji Miyamoto, Grosses Schauspielhaus Berlin, 1985, estimated at €500-700, sold at €1875 (image above, middle, via Villa Grisebach)

Lot 2175, Bettina Rheims, 7 November – Paris, aus der Series Chambre Close, 1991, estimated at €7000-9000, sold at €32500 (image above, right, via Villa Grisebach)

Lot 2190, Michael Schmidt, Ohne Titel, aus der Serie Frauen, 1999/2000, estimated at €600-800, sold at €2750

Lot 2203, Tom Wood, Sisters, Pier Head, Liverpool, 1985/2000, estimated at €400-500, sold at €1750

Complete lot by lot results can be found here.

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