Auction Results: Post-War and Contemporary Art Evening and Day Auctions, October 6 and 7, 2017 @Christie’s London

The successful sale of two prints by Wolfgang Tillmans in the Evening session generally carried the photography in the recent Post-War and Contemporary Art auctions at Christie’s in London. There were no positive surprises among the photography and the overall Buy-In rate for the photographs wandered up toward 30%, but the Total Sale Proceeds still found their way to the middle of the aggregate pre-sale range.

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

Summary Statistics
Total Lots 21
Aggregate Pre Sale Low Estimate £1177000
Aggregate Pre Sale High Estimate £1702000
Total Lots Sold 15
Total Lots Bought In 6
Buy In % 28.57%
Total Sale Proceeds £1390250

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

Detailed Breakdown
Low Total Lots 0
Total Low Lots Sold NA
Total Low Lots Bought In NA
Low Buy In % NA
Aggregate High Estimate of Low Lots £0
Total Proceeds from Low Lots £0
Mid Total Lots 4
Total Mid Lots Sold 4
Total Mid Lots Bought In 0
Mid Buy In % 0.00%
Aggregate High Estimate of Mid Lots £52000
Total Proceeds from Mid Lots £55000
Total High Lots 17
Total High Lots Sold 11
Total High Lots Bought In 6
High Buy In % 35.29%
Aggregate High Estimate of High Lots £1650000
Total Proceeds from High Lots £1335250

The top photography lot by High estimate was lot 43, Wolfgang Tillmans, Freischwimmer 120, 2006, estimated at £300000-400000 (image in preview post); it sold at £368750. The top photography outcome was lot 2, Wolfgang Tillmans, Paper Drop (Star), 2006, estimated at £200000-300000, sold at £392750 (image above, via Christie’s).

100.00% of the lots that sold had proceeds in or above the estimate range and there were no positive surprises in the sales (defined as having proceeds of at least double the high estimate).

The complete lot by lot results can be found here (Evening) and here (Day).

Send this article to a friend

Read more about: Wolfgang Tillmans, Christie's

Leave a comment

Your email address will not be published.

Recent Articles

Auction Results: Photography and Contemporary Art Day, December 1 and 2, 2023 @Lempertz

Auction Results: Photography and Contemporary Art Day, December 1 and 2, 2023 @Lempertz

A little too much softness in the results of lots estimated above €10K dampened the numbers from the Photography and Contemporary Art sales at Lempertz in Cologne last week. While ... Read on.

Sign up for our weekly email newsletter