Across the board, it was a solid outing at the recent various owner Photographs sale at Phillips in London. The top lot Diane Arbus print found a buyer (albeit below its estimate range), and between a respectable overall Buy-In rate (under 15%), just one withdrawal (a David LaChapelle print), and a number of positive surprises, the Total Sale Proceeds (of roughly £2.0M) fell in the middle of the aggregate pre-sale estimate range.
The summary statistics are below (all results include the buyer’s premium):
| Summary Statistics | |
|---|---|
| Total Lots | 111 |
| Aggregate Pre Sale Low Estimate | £1587000 |
| Aggregate Pre Sale High Estimate | £2362000 |
| Total Lots Sold | 95 |
| Total Lots Bought In | 16 |
| Buy In % | 14.41% |
| Total Sale Proceeds | £2066036 |
Here is the breakdown (using our typical Low, Mid, and High definitions):
| Detailed Breakdown | |
|---|---|
| Low Total Lots | 51 |
| Total Low Lots Sold | 44 |
| Total Low Lots Bought In | 7 |
| Low Buy In % | 13.73% |
| Aggregate High Estimate of Low Lots | £263000 |
| Total Proceeds from Low Lots | £308356 |
| Mid Total Lots | 48 |
| Total Mid Lots Sold | 40 |
| Total Mid Lots Bought In | 8 |
| Mid Buy In % | 16.67% |
| Aggregate High Estimate of Mid Lots | £744000 |
| Total Proceeds from Mid Lots | £671830 |
| Total High Lots | 12 |
| Total High Lots Sold | 11 |
| Total High Lots Bought In | 1 |
| High Buy In % | 8.33% |
| Aggregate High Estimate of High Lots | £1355000 |
| Total Proceeds from High Lots | £1085850 |
The top lot by High estimate was lot 37 Diane Arbus, Identical twins, Roselle, N.J., 1967/1967-1969, estimated at £400000-600000: it was also the top outcome of the sale at £330200 (image above, via Phillips).
92.63% of the lots that sold had proceeds in or above the estimate range and there were a total of 10 positive surprises in the sale (defined as having proceeds of at least double the high estimate) (images above via Phillips):
Lot 2, Andy Warhol, Robert Mapplethorpe, 1983, estimated at £7000-9000, sold at £20320
Lot 3, Helmut Newton, Eiffel Tower, Paris, 1974, estimated at £8000-12000, sold at £41910
Lot 30, Helmut Newton, Nude in Black Gloves with Metal Leg Support by the Sea, Monte-Carlo, 1994, estimated at £8000-12000, sold at £33020
Lot 53, Wolfgang Tillmans, photocopy (Barnaby), 1994/2008, estimated at £5000-7000, sold at £21590
Lot 61, Steven Klein, Madonna, New York City, 2016, estimated at £3000-5000, sold at £16510
Lot 68, Shoji Ueda, Selected Images from Sand Dunes (3 prints), 1948-1950/1980s, estimated at £5000-7000, sold at £16510
Lot 98, Ellen von Unwerth, Honey Bee, Kate Moss, Miami, 1993, estimated at £2000-3000, sold at £6985
Lot 99, Ellen von Unwerth, Winter Wonderland, Laetitia Casta, Paris, 1996, estimated at £2000-3000, sold at £6985
Lot 102, Ellen von Unwerth, Yeehaw, Eva Herzigova, Mexico, 1992, estimated at £2000-3000, sold at £6350
Lot 112, Ellen von Unwerth, Can You Afford Me? Paris Hilton, Los Angeles, 2004, estimated at £2000-3000, sold at £10795
The complete lot by lot results can be found here.
