Auction Results: Triple XXX: Photographs from the Collection of Don Sanders, September 29, 2014 @Christie’s

Hampered by softness in the high priced lots, Christie’s single owner sale of fashion/erotic nudes from the collection of Don Sanders didn’t meet its expectations. With an overall Buy-In rate hovering just under 30% and few positive surprises, the Total Sale Proceeds missed the pre sale estimate range. If just a few more of the big ticket lots had found buyers instead of passing, the outcome might have looked quite a bit better.

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

Summary Statistics
Total Lots 79
Aggregate Pre Sale Low Estimate $2476300
Aggregate Pre Sale High Estimate $3678200
Total Lots Sold 56
Total Lots Bought In 23
Buy In % 29.11%
Total Sale Proceeds $2085500

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

Detailed Breakdown
Low Total Lots 19
Total Low Lots Sold 16
Total Low Lots Bought In 3
Low Buy In % 15.79%
Aggregate High Estimate of Low Lots $115200
Total Proceeds from Low Lots $87750
Mid Total Lots 44
Total Mid Lots Sold 33
Total Mid Lots Bought In 11
Mid Buy In % 25.00%
Aggregate High Estimate of Mid Lots $1233000
Total Proceeds from Mid Lots $785000
Total High Lots 16
Total High Lots Sold 7
Total High Lots Bought In 9
High Buy In % 56.25%
Aggregate High Estimate of High Lots $2330000
Total Proceeds from High Lots $1212750

The top lot by High estimate was tied between two lots (both sets of portfolios): lot 333, David Levinthal, XXX: Volumes I, II, and III, 1999-2001, and lot 335, Helmut Newton, Private Property, Suites I, II, and III, 1984, both estimated at $250000-350000; the Newton sold for $389000 and was the top outcome of the sale, while the Levinthal did not sell.

Only 69.64% of the lots that sold had proceeds in or above the estimate range, and there were a total of 2 surprises in the sale (defined as having proceeds of at least double the high estimate):

Lot 349, Guido Argentini, Women’s Reflections (portfolio), 2000, estimated at $8000-10000, sold at $25000 (image above, left, via Christie’s)

Lot 355, Jock Sturges, Fanny, Montalivet, 2001, estimated at $10000-15000, sold at $40000 (image above, right, via Christie’s)

Complete lot by lot results can be found here.

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Read more about: Guido Argentini, Jock Sturges, Christie's

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