Auction Results: ULTIMATE Evening and Photographs Day Sales, May 18, 2018 @Phillips London

There were plenty of Polaroids available at the ULTIMATE Photographs Evening and Day sales at Phillips in London last week, and most performed admirably. While a panoramic Helmut Newton nude was the top lot, with an overall Buy-In rate under 15% and more than a dozen positive surprises, the Total Sale Proceeds came in near the top of the aggregate pre-sale estimate range.

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

Summary Statistics
Total Lots 170
Pre Sale Low Total Estimate £2489300
Pre Sale High Total Estimate £3801700
Total Lots Sold 147
Total Lots Bought In 23
Buy In % 13.53%
Total Sale Proceeds £3552595

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

Detailed Breakdown
Low Total Lots 39
Low Sold 36
Low Bought In 3
Low Buy In % 7.69%
Total Low Estimate £126700
Total Low Sold £145970
Mid Total Lots 99
Mid Sold 87
Mid Bought In 12
Mid Buy In % 12.12%
Total Mid Estimate £1047000
Total Mid Sold £1095625
Total High Lots 32
High Sold 24
High Bought In 8
High Buy In % 25.00%
Total High Estimate £2628000
Total High Sold £2311000

The top lot by High estimate was lot 16, Helmut Newton, Panoramic Nude with Gun, Villa d’Este, Como, 1989, estimated at £250000-350000. It was also the top outcome of the sale at £729000 (image above, via Phillips).

89.80% of the lots that sold had proceeds in or above the estimate range (with nearly 60% selling above their estimates) and there were a total of 14 positive surprises in the sale (defined as having proceeds of at least double the high estimate) (images above via Phillips):

Lot 6, Andy Warhol, Bianca Jagger, Jerry Hall, Grace Jones, Diane von Fürstenberg, 1974-1984, estimated at £20000-30000, sold at £62500

Lot 11, Helmut Newton, Bergström over Paris, 1976, estimated at £8000-12000, sold at £25000

Lot 16, Helmut Newton, Panoramic Nude with Gun, Villa d’Este, Como, 1989, estimated at £250000-350000, sold at £729000

Lot 32, Elger Esser, Loire et Cher, Frankreich, 2000, estimated at £10000-15000, sold at £43750

Lot 38, Wim Wenders, The Road to Emmaus, near Jerusalem, 2000, estimated at £10000-15000, sold at £32500

Lot 58, Veronica Bailey, Selected Works, 2003-2007, estimated at £2000-3000, sold at £10625

Lot 77, Chip Hooper, Cape Foulwind Beach, Tasman Sea, New Zealand, 2003, estimated at £500-700, sold at £1750

Lot 102, Manuel Álvarez Bravo, Frida Kahlo, 1930/later, estimated at £4000-6000, sold at £13750

Lot 110, Malick Sidibé, Regardez-moi, 1962/2007, estimated at £4000-6000, sold at £16250

Lot 153, Helmut Newton, Untitled (Saint Tropez), 1975, estimated at £6000-8000, sold at £18750

Lot 164, Peter Beard, Magritte Rammé and World Record Cow Elephant Tusk, 1976/later, estimated at £5000-7000, sold at £21250

Lot 167, Peter Beard, Andy Warhol at Home in Montauk, 1972/later, estimated at £5000-7000, sold at £16250

Lot 171, Sarah Moon, Yohji Yamamoto, 1996, estimated at £3000-5000, sold at £16250

Lot 172, Carlo Mollino, Untitled, 1960s, estimated at £3000-5000, sold at £17500

The complete lot by lot results can be found here.

Read more about: Andy Warhol, Carlo Mollino, Chip Hooper, Elger Esser, Helmut Newton, Malick Sidibé, Manuel Álvarez Bravo, Peter Beard, Sarah Moon, Veronica Bailey, Wim Wenders, Phillips

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