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
Pre Sale Low Total Estimate €2691500
Pre Sale High Total 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
Low Sold 10
Low Bought In 2
Low Buy In % 16.67%
Total Low Estimate €62500
Total Low Sold €55625
Mid Total Lots 55
Mid Sold 46
Mid Bought In 9
Mid Buy In % 16.36%
Total Mid Estimate €1090000
Total Mid Sold €1099800
Total High Lots 37
High Sold 22
High Bought In 15
High Buy In % 40.54%
Total High Estimate €2740000
Total High Sold €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.

Frank Thiel, Joseph-Philibert Girault de Prangey, Lewis Baltz, Christie's

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