Auction Results: Photographs & Helmut Newton: Provocateur, May 16, 2024 @Phillips London

Buoyed by a cache of Helmut Newton prints consigned by former auctioneer Simon de Pury, the recent various owner Photographs sale at Phillips in London performed well. Ten of the Newton prints doubled their high estimates or more, many at strong five figure prices. With the overall Buy-In rate coming in under 20%, the Total Sale Proceeds (of roughly £2.4M) fell near the top of the aggregate pre-sale estimate range.

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

Summary Statistics
Total Lots 169
Aggregate Pre Sale Low Estimate £1735500
Aggregate Pre Sale High Estimate £2570500
Total Lots Sold 136
Total Lots Bought In 33
Buy In % 19.53%
Total Sale Proceeds £2435606

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

Detailed Breakdown
Low Total Lots 58
Total Low Lots Sold 54
Total Low Lots Bought In 4
Low Buy In % 6.90%
Aggregate High Estimate of Low Lots £327500
Total Proceeds from Low Lots £359156
Mid Total Lots 103
Total Mid Lots Sold 74
Total Mid Lots Bought In 29
Mid Buy In % 28.16%
Aggregate High Estimate of Mid Lots £1753000
Total Proceeds from Mid Lots £1463040
Total High Lots 8
Total High Lots Sold 8
Total High Lots Bought In 0
High Buy In % 0.00%
Aggregate High Estimate of High Lots £490000
Total Proceeds from High Lots £613410

The top lot by High estimate was tied between two lots, each estimated at £60000-80000: lot 37, Mario Testino, Kate Moss, London, 2001, and lot 103, Nick Brandt, Elephant Drinking, Amboseli, 2007; both lots found buyers, the Testino at £114300 and the Brandt at £57150, but neither was the top outcome of the sale. That honor went to lot 58, Irving Penn, The Palm of Miles Davis, New York, 1986/1992, estimated at £40000-60000, sold at £152400 (image above, via Phillips).

91.18% of the lots that sold had proceeds in or above the estimate range and there were a total of 13 positive surprises in the sale (defined as having proceeds of at least double the high estimate) (images above via Phillips):

Lot 16, Seiji Kurata, Tattooed Man from Flash Up, 1975/1978, estimated at £20000-30000, sold at £69850

Lot 32, Slim Aarons, Swimming Pool on the Beach, 1980/later, estimated at £2000-3000, sold at £6985

Lot 58, Irving Penn, The Palm of Miles Davis, New York, 1986/1992, estimated at £40000-60000, sold at £152400

Lot 121, Helmut Newton, Woman into Man, Paris, 1979/early 1990s, estimated at £12000-18000, sold at £49530

Lot 126, Helmut Newton, Mannequins, Quai d’Orsay III, Paris, 1977/early 1990s, estimated at £10000-15000, sold at £36830

Lot 131, Helmut Newton, Two Pairs of Legs in Silk Stockings, Ritz Hotel, Paris, 1979/early 1990s, estimated at £18000-22000, sold at £55880

Lot 143, Helmut Newton, Battleship, Monte Carlo, 1993/2001, estimated at £15000-25000, sold at £66040

Lot 144, Helmut Newton, Monte Carlo, 1986/2001, estimated at £15000-25000, sold at £66040

Lot 153, Helmut Newton, Celia, Miami, 1991/2001, estimated at £25000-35000, sold at £107950

Lot 161, Helmut Newton, Karl Lagerfeld at Chanel and Mirrors, Paris, 1983/early 1990s, estimated at £6000-8000, sold at £20955

Lot 165, Helmut Newton, Marc Bohan for Dior, Vogue, Paris, 1977/1981, estimated at £5000-7000, sold at £15240

Lot 166, Helmut Newton, Self Portrait with Reclining Woman, Valentino Place, Hollywood, 1986, estimated at £5000-7000, sold at £22860

Lot 168, Helmut Newton, David Lynch and Isabella Rossellini, Los Angeles, 1988, estimated at £5000-7000, sold at £27940

The complete lot by lot results can be found here.

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Read more about: Helmut Newton, Irving Penn, Seiji Kurata, Slim Aarons, Phillips

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