Auction Results: Photographs, November 12, 2015 @Christie’s Paris

The early 1840s Joseph-Philibert Girault de Prangey daguerreotypes were the stars of the recent Photographs action at Christie’s in Paris. While the 41 lots of dags kicking off the larger sale didn’t go white glove, 37 out of 41 finding buyers, many at prices above the estimate range (especially the column views), was certainly a positive way to get the sale going. The rest of the auction proved more routine, with softness among the higher priced lots dampening the early momentum. The overall Buy-In rate settled in at 25%, and the Total Sale Proceeds fell into the middle of the aggregate pre-sale range.

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

Summary Statistics
Total Lots 104
Aggregate Pre Sale Low Estimate €2691500
Aggregate Pre Sale High Estimate €3892500
Total Lots Sold 78
Total Lots Bought In 26
Buy In % 25.00%
Total Sale Proceeds €3086825

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

Detailed Breakdown
Low Total Lots 12
Total Low Lots Sold 10
Total Low Lots Bought In 2
Low Buy In % 16.67%
Aggregate High Estimate of Low Lots €62500
Total Proceeds from Low Lots €55625
Mid Total Lots 55
Total Mid Lots Sold 46
Total Mid Lots Bought In 9
Mid Buy In % 16.36%
Aggregate High Estimate of Mid Lots €1090000
Total Proceeds from Mid Lots €1099800
Total High Lots 37
Total High Lots Sold 22
Total High Lots Bought In 15
High Buy In % 40.54%
Aggregate High Estimate of High Lots €2740000
Total Proceeds from High Lots €1931400

The top lot by High estimate was lot 71, Robert Mapplethorpe, Man in Polyester Suit, 1980, estimated at €180000-250000; it was also the top outcome of the sale at €361500.

96.15% of the lots that sold had proceeds in or above the estimate range and there were a total of 8 surprises in the sale (defined as having proceeds of at least double the high estimate) (images above, via Christie’s):

Lot 19, Joseph-Philibert Girault de Prangey, 23. Rome. Juniper Tonnat, 1842, estimated at €30000-50000, sold at €175500

Lot 30, Joseph-Philibert Girault de Prangey, 53. Athènes. Temple de Bacchus, 1842, estimated at €8000-12000, sold at €32500

Lot 32, Joseph-Philibert Girault de Prangey, 73. Alexandrie. Grand Minaret, 1842, estimated at €10000-15000, sold at €35000

Lot 34, Joseph-Philibert Girault de Prangey, 74. Pres D’Alexandrie, le Desert, 1842, estimated at €40000-60000, sold at €133500 (image in preview post)

Lot 35, Joseph-Philibert Girault de Prangey, 68. Alexandrie. Colonne de Pompée, 1842, estimated at €10000-15000, sold at €43500

Lot 34, Joseph-Philibert Girault de Prangey, 83. Rosette. Rue ? (publiée), 1842, estimated at €8000-12000, sold at €61500

Lot 94, Frank Thiel, Stadt 2/44, Berlin, 1999, estimated at €5000-7000, sold at €15000

Lot 100, Lewis Baltz, Continuous Fire, Polar Circle, 1985, estimated at €7000-9000, sold at €51900

Complete lot by lot results can be found here.

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Read more about: Frank Thiel, Joseph-Philibert Girault de Prangey, Lewis Baltz, Christie's

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