Auction Results: Photographies Contemporaines, November 16, 2013 @Christie’s Paris

Led by the successful sale of Hiroshi Sugimoto’s wax museum images, Christie’s contemporary photography sale during Paris Photo generally met expectations. The Buy-In rate hovered near 25%, there were a few positive surprises, and the Total Sale Proceeds fell squarely in the middle of the pre-sale estimate range.

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

Summary Statistics
Total Lots 61
Aggregate Pre Sale Low Estimate €971000
Aggregate Pre Sale High Estimate €1428000
Total Lots Sold 45
Total Lots Bought In 16
Buy In % 26.23%
Total Sale Proceeds €1163475

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

Detailed Breakdown
Low Total Lots 23
Total Low Lots Sold 20
Total Low Lots Bought In 3
Low Buy In % 13.04%
Aggregate High Estimate of Low Lots €131000
Total Proceeds from Low Lots €132625
Mid Total Lots 34
Total Mid Lots Sold 22
Total Mid Lots Bought In 12
Mid Buy In % 35.29%
Aggregate High Estimate of Mid Lots €547000
Total Proceeds from Mid Lots €428750
Total High Lots 4
Total High Lots Sold 3
Total High Lots Bought In 1
High Buy In % 25.00%
Aggregate High Estimate of High Lots €750000
Total Proceeds from High Lots €602100

The top lot by High estimate was lot 419, Hiroshi Sugimoto, Portraits, 1999, estimated at €400000-600000; it was also the top outcome of the sale at €481500.

84.44% of the lots that sold had proceeds in or above the estimate range and there were a total of 6 surprises in the sale (defined as having proceeds of at least double the high estimate):

Lot 404, Gabriel Orozco, En la fabrica de algodon, 1993, estimated at €5000-7000, sold at €15000

Lot 407, Claire Adelfang, Alveole, 2013, estimated at €4000-6000, sold at €13750

Lot 415, Nobuyoshi Araki, Sans titre, serie bondage, 1998, estimated at €2000-3000, sold at €8125 (image above, right, via Christie’s)

Lot 433, Tomoko Sawada, Recruit, 2006, estimated at €8000-12000, sold at €27500 (image above, left, via Christie’s)

Lot 436, Robert Polidori, Green Car, 1997, estimated at €15000-20000, sold at €55500 (image above, middle, via Christie’s)

Lot 437, Robert Polidori, Premiere antichambre de Madame Victoire Corps Central – R. d. C., Chateau de Versailles, 2009, estimated at €15000-20000, sold at €49500

Complete lot by lot results can be found here.

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Read more about: Nobuyoshi Araki, Robert Polidori, Tomoko Sawada, Christie's

One comment

  1. Damion Berger /

    The Tomoko Sawada print (Lot 433) entitled “Recruit, 2006” appears to be erroneously represented by a photograph from her ID400 series. I’d be interested to know which photograph was actually sold, ID400 or Recruit?

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