Auction Results: Photographs, November 23, 2021 @Phillips London

Led by a string of Irving Penn Small Trades portraits, the various owner Photographs auction at Phillips in London last week performed admirably. The sale generally hit all the marks: low overall Buy-In rate (under 7%), a number of positive surprises (15), and a top lot Helmut Newton print that sold over its estimate range. All of that positive momentum led to Total Sale Proceeds of nearly £2.9M, solidly above the top end of the aggregate pre-sale estimate range.

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

Summary Statistics
Total Lots 116
Aggregate Pre Sale Low Estimate £1725300
Aggregate Pre Sale High Estimate £2528700
Total Lots Sold 108
Total Lots Bought In 8
Buy In % 6.90%
Total Sale Proceeds £2880423

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

Detailed Breakdown
Low Total Lots 28
Total Low Lots Sold 27
Total Low Lots Bought In 1
Low Buy In % 3.57%
Aggregate High Estimate of Low Lots £90700
Total Proceeds from Low Lots £100359
Mid Total Lots 63
Total Mid Lots Sold 59
Total Mid Lots Bought In 4
Mid Buy In % 6.35%
Aggregate High Estimate of Mid Lots £713000
Total Proceeds from Mid Lots £832104
Total High Lots 25
Total High Lots Sold 22
Total High Lots Bought In 3
High Buy In % 12.00%
Aggregate High Estimate of High Lots £1725000
Total Proceeds from High Lots £1947960

The top lot by High estimate was lot 36, Helmut Newton, Charlotte Rampling at the Hotel Nord-Pinus, Arles, France, 1973/2002-2003, estimated at £250000-350000; it was also the top outcome of the sale at £441000 (images above, via Phillips).

83.33% of the lots that sold had proceeds in or above the estimate range and there were a total of 15 positive surprises in the sale (defined as having proceeds of at least double the high estimate) (images above via Phillips):

Lot 8, Irving Penn, House Painter (B), London, 1950/1967, estimated at £30000-50000, sold at £107100

Lot 9, Irving Penn, Barber, New York, 1951/1967, estimated at £30000-50000, sold at £138600

Lot 10, Irving Penn, Milkman (A), New York, 1951/1967, estimated at £30000-50000, sold at £151200

Lot 27, Bastiaan Woudt, Disk, Alkmaar, 2020, estimated at £18000-22000, sold at £60480

Lot 33, Candida Höfer, Palazzo Corsini Firenze I, 2008/later, estimated at £15000-20000, sold at £75600

Lot 41, Miyako Ishiuchi, Yokosuka Story #98 Sakamoto-chō, 1977, estimated at £7000-9000, sold at £22680

Lot 42, Miyako Ishiuchi, Yokosuka Story #28, 1977, estimated at £7000-9000, sold at £18900

Lot 46, Wolfgang Tillmans, Kneeling nude, 1997, estimated at £4000-6000, sold at £18900

Lot 50, Wolfgang Tillmans, Alex & Lutz am Strand, 1992, estimated at £4000-6000, sold at £15120

Lot 76, Gavin Bond, Pom Poms from Backstage: Volume 1, 2007, estimated at £1000-2000, sold at £8190

Lot 96, Jonas Bendiksen, Crashed rocket ship and butterflies, #2. Altai Territory, Russia, 2000, estimated at £2000-3000, sold at £11340

Lot 97, Lorenzo Meloni, Ouagadougou Conference Center, Sirte, Libya, 2016, estimated at £2000-3000, sold at £6300

Lot 98, Matt Black, Birds, Tulare, California from American Geography, 2014, estimated at £2000-3000, sold at £6300

Lot 105, Nadav Kander, The Doctor, Chernobyl, 2019, estimated at £4000-6000, sold at £18900

Lot 109, Paolo Pellegrin, Civilians sift through the rubble looking for survivors following an Israeli air raid. Beirut, Lebanon from Double Blind, 2006, estimated at £2000-3000, sold at £6048

The complete lot by lot results can be found here.

Send this article to a friend

Read more about: Bastiaan Woudt, Candida Höfer, Gavin Bond, Helmut Newton, Irving Penn, Jonas Bendiksen, Lorenzo Meloni, Matt Black, Miyako Ishiuchi, Nadav Kander, Paolo Pellegrin, Wolfgang Tillmans, Phillips

Leave a comment

Your email address will not be published.

Recent Articles

Auction Results: Dora Maar, Unpublished, photographic collection, June 27 and 28, 2022 @Artcurial

Auction Results: Dora Maar, Unpublished, photographic collection, June 27 and 28, 2022 @Artcurial

A treasure trove of vintage Dora Maar negatives came up for sale earlier this week at Artcurial in Paris, offering an unusual bargain for buyers. In addition to the rare ... Read on.

Sign up for our weekly email newsletter