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.
