Auction Results: Photographies, June 29, 2021 @Christie’s Paris

An overly high Buy-In rate (of nearly 39%) softened the results of the various owner photography sale at Christie’s in Paris last week. A coal bunker typology by Bernd and Hilla Becher took the top lot honors, and while there were a number of positive surprises, they weren’t enough to pull the Total Sale Proceeds (of roughly €1.3M) up to catch the low end of the aggregate pre-sale estimate range.

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

Summary Statistics
Total Lots 118
Aggregate Pre Sale Low Estimate €1387000
Aggregate Pre Sale High Estimate €2004000
Total Lots Sold 72
Total Lots Bought In 46
Buy In % 38.98%
Total Sale Proceeds €1330625

Here is the breakdown (using our typical Low, Mid, and High definitions):

Detailed Breakdown
Low Total Lots 48
Total Low Lots Sold 31
Total Low Lots Bought In 17
Low Buy In % 35.42%
Aggregate High Estimate of Low Lots €250000
Total Proceeds from Low Lots €214375
Mid Total Lots 57
Total Mid Lots Sold 34
Total Mid Lots Bought In 23
Mid Buy In % 40.35%
Aggregate High Estimate of Mid Lots €959000
Total Proceeds from Mid Lots €615000
Total High Lots 13
Total High Lots Sold 7
Total High Lots Bought In 6
High Buy In % 46.15%
Aggregate High Estimate of High Lots €795000
Total Proceeds from High Lots €501250

The top lot by High estimate was lot 50, Irving Penn, Black and White Vogue Cover (Jean Patchett), New York, 1950/1976, estimated at €80000-120000; it sold for €118750. The top outcome of the sale was lot 16, Bernd and Hilla Becher, Coal Bunkers, Frontal Views, 1968-1993, estimated at €60000-80000, sold at €137500 (image above, via Christie’s).

98.61% of the lots that sold had proceeds in or above the estimate range and there were a total of 9 surprises in the sale (defined as having proceeds of at least double the high estimate) (images above, via Christie’s):

Lot 21, Luigi Ghirri, Milano, Studio di A. Rossi (n°405), 1989/2001, estimated at €4000-6000, sold at €12500

Lot 28, Brassaï, Le Roi Soleil, Paris, 1952, estimated at €5000-7000, sold at €23750

Lot 33, Nobuyoshi Araki, Sans titre (Standing Bound Nude), from A Nikki/A Diary, 1994, estimated at €2000-3000, sold at €8125

Lot 36, Nobuyoshi Araki, Sans titre, 1983, estimated at €2000-3000, sold at €6875

Lot 37, Anton Corbijn, Bono (Bath), New York, 1992, estimated at €4000-6000, sold at €16250

Lot 84, Jeanloup Sieff, Derrière Blanc, Paris, 1985, estimated at €2000-3000, sold at €8125

Lot 95, Robert Mapplethorpe, Maryanne, 1988, estimated at €7000-9000, sold at €20000

Lot 100, Francesca Woodman, Space2, Providence, Rhode Island, 1976/later, estimated at €4000-6000, sold at €20000

Lot 108, Peter Beard, Giraffes in Mirage on the Taru Desert, Kenya, June 1960, 1960/1990, estimated at €12000-18000, sold at €40000

Complete lot by lot results can be found here.

Send this article to a friend

Read more about: Anton Corbijn, Bernd and Hilla Becher, Brassaï (Gyula Halász), Francesca Woodman, Jeanloup Sieff, Luigi Ghirri, Nobuyoshi Araki, Peter Beard, Robert Mapplethorpe, Christie's

Leave a comment

Your email address will not be published.

Recent Articles

Various Artists, Strike Newspaper #7

Various Artists, Strike Newspaper #7

JTF (just the facts): Published in 2022 by the Archive of Public Protests (here). Softcover, 32 pages, with 24 color photos. Includes photographs by Michał Adamski, Karolina Gembara, Miśka Kuczyńska, Adam ... Read on.

Sign up for our weekly email newsletter