Auction Results: Photographies de Atkins à Warhol – Importante Collection Européenne, November 11, 2016 @Sotheby’s Paris

There was really only one memorably positive event in the recent single collector photography sale at Sotheby’s in Paris – the rare Anna Atkins British Algae Vol. III photobook sold, and did so above its high estimate, for €219000. Aside from that one outcome, the rest of the sale performed rather dismally, with an overall Buy-In rate near 60%. In the end, the Atkins brought in nearly half the Total Sale Proceeds, which not surprisingly missed the low end of the pre-sale range by a wide percentage.

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

Summary Statistics
Total Lots 79
Aggregate Pre Sale Low Estimate €736000
Aggregate Pre Sale High Estimate €1068000
Total Lots Sold 32
Total Lots Bought In 47
Buy In % 59.49%
Total Sale Proceeds €453500

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

Detailed Breakdown
Low Total Lots 39
Total Low Lots Sold 17
Total Low Lots Bought In 22
Low Buy In % 56.41%
Aggregate High Estimate of Low Lots €183000
Total Proceeds from Low Lots €67000
Mid Total Lots 34
Total Mid Lots Sold 14
Total Mid Lots Bought In 20
Mid Buy In % 58.82%
Aggregate High Estimate of Mid Lots €435000
Total Proceeds from Mid Lots €167500
Total High Lots 6
Total High Lots Sold 1
Total High Lots Bought In 5
High Buy In % 83.33%
Aggregate High Estimate of High Lots €450000
Total Proceeds from High Lots €219000

The top lot by High estimate was lot 15, Anna Atkins, British Algae Vol. III (album with 102 cyanotypes), 1843-1853, estimated at €120000-180000 (image in preview post). It was also the top outcome of the sale at €219000.

90.27% 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) (images above via Sotheby’s):

Lot 30, Alice Lex-Nerlinger, Autorennfahrer, Berlin, 1926, estimated at €7000-9000, sold at €18750

Lot 57, Danny Lyon, Showers, 1966, estimated at €1500-2000, sold at €4000

Lot 72, Lotte Jacobi, Original Photogenic, 1949, estimated at €2000-3000, sold at €6875

Complete lot by lot results can be found here.

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Read more about: Alice Lex-Nerlinger, Danny Lyon, Lotte Jacobi, Sotheby's

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