Auction Results: Photographs, November 22, 2022 @Phillips London

Led by Richard Avedon’s Beatles portfolio, the various owner Photographs auction at Phillips in London last week performed well. A selection of Ellen von Unwerth polaroids (including several of Kate Moss) jumped up above their modest estimate ranges, and with the help of a handful of additional positive surprises, the Total Sale Proceeds (of roughly £2.3M) 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 136
Aggregate Pre Sale Low Estimate £2016500
Aggregate Pre Sale High Estimate £2796500
Total Lots Sold 103
Total Lots Bought In 33
Buy In % 24.26%
Total Sale Proceeds £2339270

Here is the breakdown (using our typical Low, Mid, and High definitions). Given recent currency fluctuations, we have once again re-adapted our local currency thresholds to match roughly $10000 and $50000 break points between categories.

Detailed Breakdown
Low Total Lots 67
Total Low Lots Sold 57
Total Low Lots Bought In 10
Low Buy In % 14.93%
Aggregate High Estimate of Low Lots £352500
Total Proceeds from Low Lots £454860
Mid Total Lots 61
Total Mid Lots Sold 40
Total Mid Lots Bought In 21
Mid Buy In % 34.43%
Aggregate High Estimate of Mid Lots £1064000
Total Proceeds from Mid Lots £752850
Total High Lots 8
Total High Lots Sold 6
Total High Lots Bought In 2
High Buy In % 25.00%
Aggregate High Estimate of High Lots £1380000
Total Proceeds from High Lots £1131560

The top lot by High estimate was lot 64, Richard Avedon, The Beatles Portfolio: John Lennon, Ringo Starr, George Harrison and Paul McCartney, London, 1967/1990, estimated at £700000-900000; it was also the top outcome of the sale at £809000 (image above, via Phillips).

96.12% 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 2, Peter Hujar, Christopher Street Pier #2 (Crossed Legs), 1976/later, estimated at £12000-18000, sold at £44100

Lot 31, Wolfgang Tillmans, Jeremy, 2001, estimated at £5000-7000, sold at £15120

Lot 41, Man Ray, Meret Oppenheim, c1930, estimated at £6000-8000, sold at £32760

Lot 47, Stephen Shore, Beverly Boulevard and La Brea Avenue, Los Angeles, California, June 21, 1975, estimated at £10000-15000, sold at £32760

Lot 59, Prince Gyasi, The Arrival, 2022, estimated at £18000-22000, sold at £44100

Lot 116, Wolfgang Tillmans, Anders pulling splinter from his foot (b/w), 2004, estimated at £3000-5000, sold at £18900

Lot 120, Ellen von Unwerth, Miami Blues, Kate Moss, Miami, 1993, estimated at £2000-3000, sold at £20160

Lot 121, Ellen von Unwerth, Splendor in the Garden, Kate Moss, Miami, 1993, estimated at £2000-3000, sold at £44100

Lot 123, Ellen von Unwerth, Chimney Sweeper, Kate Moss, Paris, 1995, estimated at £2000-3000, sold at £47880

Lot 129, Ellen von Unwerth, Kaffeeklatsch, Karen Mulder and Deon Bray, Café de Flore, Paris, 1991, estimated at £2000-3000, sold at £8190

Lot 130, Ellen von Unwerth, Jump Over the Eiffel Tower, 1987, estimated at £2000-3000, sold at £6300

Lot 136, Ellen von Unwerth, Soaked, Girls in the Bath, 1992, estimated at £2000-3000, sold at £6300

Lot 137, Ellen von Unwerth, Unveiled, Adriana Lima, Mexico, 1999, estimated at £2000-3000, sold at £8190

The complete lot by lot results can be found here.

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Read more about: Ellen von Unwerth, Man Ray, Peter Hujar, Prince Gyasi, Richard Avedon, Stephen Shore, Wolfgang Tillmans, Phillips

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