Auction Results: Photographs, May 17, 2018 @Christie’s London

It was a workmanlike outing at the recent Photographs sale at Christie’s in London. While the overall Buy-In rate creeped up toward 30%, there were enough positive surprises to keep the momentum up, leading to Total Sale Proceeds that hit the middle of the aggregate pre-sale estimate range. A Robert Mapplethorpe double portrait took the top lot honors.

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

Summary Statistics
Total Lots 121
Aggregate Pre Sale Low Estimate £1345000
Aggregate Pre Sale High Estimate £1893000
Total Lots Sold 86
Total Lots Bought In 35
Buy In % 28.93%
Total Sale Proceeds £1578875

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

Detailed Breakdown
Low Total Lots 22
Total Low Lots Sold 15
Total Low Lots Bought In 7
Low Buy In % 31.82%
Aggregate High Estimate of Low Lots £97000
Total Proceeds from Low Lots £76875
Mid Total Lots 81
Total Mid Lots Sold 59
Total Mid Lots Bought In 22
Mid Buy In % 27.16%
Aggregate High Estimate of Mid Lots £902000
Total Proceeds from Mid Lots £820750
Total High Lots 18
Total High Lots Sold 12
Total High Lots Bought In 6
High Buy In % 33.33%
Aggregate High Estimate of High Lots £894000
Total Proceeds from High Lots £681250

The top lot by High estimate was lot 63, Robert Mapplethorpe, Ken Moody and Robert Sherman, 1984, estimated at £70000-90000. It was also the top outcome of the sale at £118750 (image above, via Christie’s).

97.67% of the lots that sold had proceeds in or above the estimate range and there were a total of 7 positive surprises in the sale (defined as having proceeds of at least double the high estimate) (images above via Christie’s):

Lot 42, Torbjørn Rødland, Nudist no. 8, 1999, estimated at £2500-3500, sold at £8125

Lot 47, Pieter Hugo, Mummy Ahmadu and Mallam Mantari Lamal with Mainasara, Abuja, Nigeria, 2005, estimated at £15000-20000, sold at £56250

Lot 62, Irving Penn, Nude 151, 1950/1976, estimated at £10000-15000, sold at £35000

Lot 84, Daniele Tamagni, Willy Covary, 2007, estimated at £3000-5000, sold at £10625

Lot 115, Malick Sidibé, Nuit de Noel (Happy-club), 1963/2002, estimated at £4000-6000, sold at £15000

Lot 117, Tim Flach, Ya Yun Elegant, 2012/2017, estimated at £12000-18000, sold at £40000

Lot 119, Nick Brandt, Zebras Turning Heads, Ngorongoro Crater, 2005, estimated at £3000-5000, sold at £10625

The complete lot by lot results can be found here.

Send this article to a friend

Read more about: Daniele Tamagni, Irving Penn, Malick Sidibé, Nick Brandt, Pieter Hugo, Robert Mapplethorpe, Tim Flach, Torbjørn Rødland, Christie's

Leave a comment

Your email address will not be published.

Recent Articles

2024 Guggenheim Fellows in Photography

2024 Guggenheim Fellows in Photography

Here’s the list of the 2024 Guggenheim Fellowship winners in Photography (with links to their respective websites as applicable). The entire list of current fellows (in all disciplines, including the ... Read on.

Sign up for our weekly email newsletter