Auction Results: Photographs, April 8, 2011 @Christie’s

Christie’s finished up its successful run of photography sales last week with its various owner auction, which like its two predecessors, also found its way to besting the pre-sale estimate range. Across a much bigger sale, the overall Buy-In rate was still under 20%, there were a number of positive surprises, and the Total Sale Proceeds covered the High estimate by more than $300K.
The summary statistics are below (all results include the buyer’s premium):

Total Lots: 211

Pre Sale Low Total Estimate: $3403000
Pre Sale High Total Estimate: $5046000
Total Lots Sold: 170
Total Lots Bought In: 41

Buy In %: 19.43%

Total Sale Proceeds: $5367500

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

Low Total Lots: 93
Low Sold: 71
Low Bought In: 22
Buy In %: 23.66%
Total Low Estimate: $570000
Total Low Sold: $533500

Mid Total Lots: 101
Mid Sold: 83
Mid Bought In: 18
Buy In %: 17.82%
Total Mid Estimate: $2346000
Total Mid Sold: $2266250

High Total Lots: 17
High Sold: 16
High Bought In: 1
Buy In %: 5.88%
Total High Estimate: $2130000
Total High Sold: $2567750

The top lot by High estimate was lot 561, Irving Penn, Cuzco Children, 1948/1977, at $250000-350000; it did not sell. The top outcome of the sale was lot 504, Richard Avedon, Marilyn Monroe, New York City, May 6, 1957, 1980, at $482500.

94.12% of the lots that sold had proceeds in or above the estimate range, and there were a total of 20 surprises in this sale (defined as having proceeds of at least double the high estimate):

Lot 410, Robert Mapplethorpe, Orchid, 1982, at $27500
Lot 412, Robert Mapplethorpe, Flower arrangement, 1988, at $32500
Lot 413, Robert Mapplethorpe, Tulip, 1984, at $40000 (image at right, top, via Christie’s)
Lot 415, Robert Mapplethorpe, Orchid, 1985, at $35000
Lot 484, Etienne-Jules Marey, Chronophotographie du salt en longeur, 1882-83, at $43750
Lot 488, Sergei Alekseevich Luchishkin, Project for a Spatial Construct, 1922-23, at $25000
Lot 489, Unknown Photographer, Princess Alexandra, 1920, at $4000
Lot 490, Guillaume Duchenne De Boulogne, Studies from Photographies Pathologiques, 1865, at $4000
Lot 511, Andre Kertesz, A Hungarian Memory, 1980, at $25000

Lot 536, Bruce Weber, John Sauerland, Olympic Swimmer, Hall of Fame Pool, Summer, 1983, at $13750

Lot 539, Bruce Weber, Boys from Red Cloud, Nebraska, 198, at $8125
Lot 546, Bruce Weber, Kenny, Honolulu, 1982, at $6000

Lot 550, Bruce Weber, George, Upper Saranac Lake, Summer, 1983, at $7500
Lot 553, Bruce Weber, Butterfly Beach Parking Lot, Santa Barbara, 1982, at $16250 (image at right, bottom, via Christie’s)
Lot 554, Peter Beard, Last Word from Paradise, Loliondo, from The End of the Game, ?/Later, at $80500
Lot 562, Erwin Olaf, Grief, Troy, 2007, at $14375
Lot 573, Irving Penn, Bee on Lips, New York, September 22, 1995/1999, at $182500
Lot 578, Irving Penn, After Dinner Games, New York, 1947/1985, at $158500
Lot 593, Eugene Atget, La Villette, rue Asselin, 1921, at $242500 (image at right, middle, via Christie’s)
Lot 594, Herb Ritts, Fred, Body Shop, Los Angeles, Summer 1984, at $18750
Complete lot by lot results can be found here.
20 Rockefeller Plaza
New York, NY 10020

Send this article to a friend

Read more about: Bruce Weber, Eugène Atget, Robert Mapplethorpe, Christie's

Leave a comment

Your email address will not be published.

Recent Articles

Extra! Extra! News Photographs 1903-1975 @Howard Greenberg

Extra! Extra! News Photographs 1903-1975 @Howard Greenberg

JTF (just the facts): A total of 65 black-and-white photographs, framed in white/unmatted and hung against light beige walls or mounted between sheets of plexiglas and displayed on pedestals. Includes ... Read on.

Sign up for our weekly email newsletter

This field is required.