Auction Results: Ruth Orkin@100, February 8, 2022 @Bonhams (online)

This online sale at Bonhams of the work of Ruth Orkin was a follow up companion to an earlier auction almost exactly a year ago (results here). There were few notable offerings in this second tranche of prints, leading to muted bidding, no positive surprises, and an overall Buy-In rate near 65%. The Total Sale Proceeds (of just under $90K) came in well below the low end of the aggregate pre-sale estimate range.

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

Summary Statistics
Total Lots 65
Aggregate Pre Sale Low Estimate $185100
Aggregate Pre Sale High Estimate $264700
Total Lots Sold 23
Total Lots Bought In 42
Buy In % 64.62%
Total Sale Proceeds $89354

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

Detailed Breakdown
Low Total Lots 63
Total Low Lots Sold 22
Total Low Lots Bought In 41
Low Buy In % 65.08%
Aggregate High Estimate of Low Lots $214700
Total Proceeds from Low Lots $69041
Mid Total Lots 2
Total Mid Lots Sold 1
Total Mid Lots Bought In 1
Mid Buy In % 50.00%
Aggregate High Estimate of Mid Lots $50000
Total Proceeds from Mid Lots $20313
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 $0

The top lot by High estimate was lot 8, Ruth Orkin, American Girl in Florence, Italy, 1951/c1960s, estimated at $20000-30000; it was also the top outcome of the sale at $20313 (image above, via Bonhams.)

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

The complete lot by lot results can be found here.

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