While the prints from Iain Macmillan’s Abbey Road session with the Beatles did find a buyer at the recent 1960s themed photography sale at Dreweatts & Bloomsbury in London, the same can’t be said for much of the rest of what was on offer. With an overall Buy-In rate pushing two thirds and almost no positive surprises, it was a rough outing to say the least. The Total Sale Proceeds came in at just over £100K, a pretty paltry figure for a well-publicized sale.
The summary statistics are below (all results include the buyer’s premium):
| Summary Statistics | |
|---|---|
| Total Lots | 112 |
| Aggregate Pre Sale Low Estimate | £160200 |
| Aggregate Pre Sale High Estimate | £231050 |
| Total Lots Sold | 40 |
| Total Lots Bought In | 72 |
| Buy In % | 64.29% |
| Total Sale Proceeds | £105626 |
Here is the breakdown (using the Low, Mid, and High definitions from the preview post):
| Detailed Breakdown | |
|---|---|
| Low Total Lots | 109 |
| Total Low Lots Sold | 38 |
| Total Low Lots Bought In | 71 |
| Low Buy In % | 65.14% |
| Aggregate High Estimate of Low Lots | £147050 |
| Total Proceeds from Low Lots | £38666 |
| 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 | £14000 |
| Total Proceeds from Mid Lots | £4960 |
| Total High Lots | 1 |
| Total High Lots Sold | 1 |
| Total High Lots Bought In | 0 |
| High Buy In % | 0.00% |
| Aggregate High Estimate of High Lots | £70000 |
| Total Proceeds from High Lots | £62000 |
The top lot by High estimate was lot 20, Iain Macmillan, The Abbey Road Session, The Complete Set, 8 August 1969, 1969/later, estimated at £50000-70000 (image in preview post). It was also the top outcome of the sale at £62000.
80.00% of the lots that sold had proceeds in or above the estimate range and there was only 1 positive surprise in the sale (defined as having proceeds of at least double the high estimate) (image above via Dreweatts & Bloomsbury):
Lot 35, Ray Bellisario, Brigitte Bardot, 1968, estimated at £400-600, sold at £1600
The complete lot by lot results can be found here.
