Auction Results: Photography, December 13, 2016 @Artcurial

After getting off to a slow start, where only 7 of the first 31 lots found buyers, the recent Photography sale at Artcurial in Paris picked up some steam. With eight positive surprises, including Gered Mankowitz’ portrait of Jimi Hendrix which jumped to almost 5X its pre-sale high estimate, the Total Sale Proceeds recovered to the low end of the aggregate pre-sale range.

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

Summary Statistics
Total Lots 71
Pre Sale Low Total Estimate €345150
Pre Sale High Total Estimate €491050
Total Lots Sold 44
Total Lots Bought In 27
Buy In % 38.03%
Total Sale Proceeds €390508

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

Detailed Breakdown
Low Total Lots 48
Low Sold 32
Low Bought In 16
Low Buy In % 33.33%
Total Low Estimate €196050
Total Low Sold €184348
Mid Total Lots 23
Mid Sold 12
Mid Bought In 11
Mid Buy In % 47.83%
Total Mid Estimate €295000
Total Mid Sold €206160
Total High Lots 0
High Sold NA
High Bought In NA
High Buy In % NA
Total High Estimate €0
Total High Sold €0

The top lot by High estimate was lot 7, Helmut Newton, On my terrace, Monte Carlo (Dressed/Naked), 1990, estimated at €20000-30000 (image in preview post); it sold for €25000. The top outcome of the sale was lot 47, Gered Mankowitz, Jimi Hendrix – Smoking, 1967, estimated at €11000-14000, sold at €67600 (image above, via Artcurial).

100.00% 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 Artcurial):

Lot 45, Dennis Hopper, Ike & Tina Turner, 1965, estimated at €3000-4000, sold at €13125

Lot 46, John Dominis, Steve McQueen and his gun, Palm Springs, 1963, estimated at €2500-3500, sold at €13125

Lot 47, Gered Mankowitz, Jimi Hendrix – Smoking, 1967, estimated at €11000-14000, sold at €67600

Lot 52, NASA, Apollo 11 Mission, Buzz Aldrin on the surface of the moon near the module, 1969, estimated at €650-850, sold at €3125

Lot 53, NASA, Apollo 11 Mission, Buzz Aldrin on the surface of the moon near the module, 1969, estimated at €650-850, sold at €2750

Lot 53, NASA, Apollo 11 Mission, Buzz Aldrin descending the ladder of module Igel, 1969, estimated at €650-850, sold at €3750

Lot 55, Luigi Ghirri, Capri, 1981, estimated at €2000-3000, sold at €10625

Lot 69, Gérard Rancinan, Batman family girls, 2011/2015, estimated at €5000-7000, sold at €19500

Complete lot by lot results can be found here.

Read more about: Dennis Hopper, Gérard Rancinan, Gered Mankowitz, John Dominis, Luigi Ghirri, NASA, Artcurial

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