Christie’s more unexpected selection of material for its Paris Photo vintage sale proved to be an attraction for collectors. With a Buy-In rate less than 20% and plenty of positive surprises, the Total Sale Proceeds fell just under €3 million, near the top end of the pre-sale estimate range.
The summary statistics are below (all results include the buyer’s premium):
| Summary Statistics | |
|---|---|
| Total Lots | 113 |
| Aggregate Pre Sale Low Estimate | €2249000 |
| Aggregate Pre Sale High Estimate | €3259000 |
| Total Lots Sold | 91 |
| Total Lots Bought In | 22 |
| Buy In % | 19.47% |
| Total Sale Proceeds | €2982300 |
Here is the breakdown (using the Low, Mid, and High definitions from the preview post):
| Detailed Breakdown | |
|---|---|
| Low Total Lots | 40 |
| Total Low Lots Sold | 33 |
| Total Low Lots Bought In | 7 |
| Low Buy In % | 17.50% |
| Aggregate High Estimate of Low Lots | €217000 |
| Total Proceeds from Low Lots | €214000 |
| Mid Total Lots | 51 |
| Total Mid Lots Sold | 41 |
| Total Mid Lots Bought In | 10 |
| Mid Buy In % | 19.61% |
| Aggregate High Estimate of Mid Lots | €742000 |
| Total Proceeds from Mid Lots | €664400 |
| Total High Lots | 22 |
| Total High Lots Sold | 17 |
| Total High Lots Bought In | 5 |
| High Buy In % | 22.73% |
| Aggregate High Estimate of High Lots | €2300000 |
| Total Proceeds from High Lots | €2103900 |
The top lot by High estimate was lot 243, Man Ray, Le Message Automatique, 1933, estimated at €200000-300000, it sold for €205500. The top outcome of the sale was lot 239, Man Ray, Belle Haleine, Eau de Voilette, 1920, estimated at €80000-12000, sold at €265500 (image above, left, via Christie’s).
86.81% of the lots that sold had proceeds in or above the estimate range and there were a total of 11 surprises in the sale (defined as having proceeds of at least double the high estimate):
Lot 208, Walker Evans, Façade of House with Large Numbers, Denver, Colorado, 1967, estimated at €3000-5000, sold at €10625
Lot 210, Lewis Baltz, La valise, 1993, estimated at €5000-7000, sold at €17500
Lot 211, Lewis Baltz, San Quentin Point, 1985, estimated at €8000-12000, sold at €51900 (image above, right, via Christie’s)
Lot 238, Pablo Picasso, Portrait de Dora Maar et Sonia Mosse, Antibes, 1939, estimated at €5000-7000, sold at €20000
Lot 239, Man Ray, Belle Haleine, Eau de Voilette, 1920, estimated at €80000-12000, sold at €265500 (image above, left, via Christie’s)
Lot 249, Wols, Pavillion d’elegance, 1937, estimated at €3000-5000, sold at €10000
Lot 288, Robert Frank, Jack Kerouac dans Central Park, 1959, estimated at €6000-9000, sold at €20000
Lot 291, Irving Penn, The hand of Miles Davis (C), New York, 1986/1992, estimated at €50000-70000, sold at €163500
Lot 292, Irving Penn, The hand of Miles Davis (B), New York, 1986/1992, estimated at €50000-70000, sold at €175500 (image above, middle, via Christie’s)
Lot 300, Peter Beard, Zebra Carpet & Ol Morani, Lariak Estate, Kenya, 1960/later, estimated at €10000-15000, sold at €35000
Lot 312, Larry Clark, Sans titre (from Teenage Lust), 1972, estimated at €4000-6000, sold at €17500
Complete lot by lot results can be found here.
