Auction Results: Photographs & Photobooks, June 6, 2014 @Dreweatts & Bloomsbury

The results of the recent Photographs & Photobooks sale at Dreweatts & Bloomsbury in London are evidence of slow but steady improvement in the strength of this department. There was softness across the board, with an Overall Buy-In rate north of 40%, keeping the Total Sale Proceeds below the pre sale estimate range. But the material on offer here continues to incrementally improve, and the aggregate proceeds numbers from sale to sale are creeping upward.

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

Summary Statistics
Total Lots 243
Aggregate Pre Sale Low Estimate £344400
Aggregate Pre Sale High Estimate £488650
Total Lots Sold 134
Total Lots Bought In 109
Buy In % 42.80%
Total Sale Proceeds £277491

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

Detailed Breakdown
Low Total Lots 225
Total Low Lots Sold 129
Total Low Lots Bought In 96
Low Buy In % 42.67%
Aggregate High Estimate of Low Lots £354650
Total Proceeds from Low Lots £199867
Mid Total Lots 18
Total Mid Lots Sold 10
Total Mid Lots Bought In 8
Mid Buy In % 44.44%
Aggregate High Estimate of Mid Lots £134000
Total Proceeds from Mid Lots £77624
Total High Lots 0
Total High Lots Sold NA
Total High Lots Bought In NA
High Buy In % NA
Aggregate High Estimate of High Lots £0
Total Proceeds from High Lots NA

The top lot by High estimate was lot 167, Helmut Newton, Roselyne, Chateau d’Arcangues (Salon), 1975, estimated at £12000-15000; it was also the top outcome at £17360.

87.77% 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):

Lot 16, Frank Mason Good, Holy Land, 1870s, estimated at £1000-1500, sold at £3968

Lot 98, Bert Hardy, Untitled, Teachers, 1956, estimated at £600-800, sold at £1984 (image above, left, via Dreweatts & Bloomsbury)

Lot 122, Bruce Weber, Bruno and Talsa, My Chriscraft, Bellport, 1982, estimated at £1500-2000, sold at £8060 (image above, middle, via Dreweatts & Bloomsbury)

Lot 139, Luigi Ghirri, Arles, 1978, estimated at £1000-1500, sold at £3472

Lot 187, Michael Dweck, Sonya, Poles, Montauk, NY, 2002/2007, estimated at £1500-2000, sold at £5208 (image above, right, via Dreweatts & Bloomsbury)

Lot 192, Hamish Fulton, Circular Walks, Slaybrook, Kent, 1972-1975, estimated at £500-700, sold at £2108

Lot 192A, Slim Aarons, Poolside Gossip, 1970, estimated at £1000-1500, sold at £6820

Lot 223, David Goldblatt and Nadine Gordimer, On the Mines, 1973, estimated at £400-600, sold at £1240

Complete lot by lot results can be found here.

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Read more about: Bert Hardy, Bruce Weber, Michael Dweck, Dreweatts & Bloomsbury Auctions

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