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
Aggregate Pre Sale Low Estimate £2489300
Aggregate Pre Sale High 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
Total Low Lots Sold 36
Total Low Lots Bought In 3
Low Buy In % 7.69%
Aggregate High Estimate of Low Lots £126700
Total Proceeds from Low Lots £145970
Mid Total Lots 99
Total Mid Lots Sold 87
Total Mid Lots Bought In 12
Mid Buy In % 12.12%
Aggregate High Estimate of Mid Lots £1047000
Total Proceeds from Mid Lots £1095625
Total High Lots 32
Total High Lots Sold 24
Total High Lots Bought In 8
High Buy In % 25.00%
Aggregate High Estimate of High Lots £2628000
Total Proceeds from High Lots £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.

Send this article to a friend

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

Leave a comment

Your email address will not be published.

Recent Articles

Larry Fink @Robert Mann

Larry Fink @Robert Mann

JTF (just the facts): A total of 18 black-and-white photographs, framed in black and matted, and hung against white walls in the single room gallery space. All of the works ... Read on.

Sign up for our weekly email newsletter