Tuesday, February 24, 2009

Auction Results: 100 Fine Photographs, February 19, 2009 @Swann

Swann’s February 19th sale of 100 Fine Photographs was a solid performer, with total proceeds covering the total low estimate by nearly $100000, something that was a rarity last fall. The results are below (all results include the buyer’s premium):

Total Lots: 117
Pre Sale High Total Estimate: $816400

Total Lots Sold: 79
Total Lots Bought In: 38
Buy In %: 32.48%
Total Sale Proceeds: $641520

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

Low Total Lots: 98
Low Sold: 66
Low Bought In: 32
Buy In %: 32.65%
Total Low Estimate: $543400
Total Low Sold: $316440

Mid Total Lots: 17
Mid Sold: 13
Mid Bought In: 4
Buy In %: 23.53%
Total Mid Estimate: $213000
Total Mid Sold: $133080

High Total Lots: 2
High Sold: 2
High Bought In: 0
Buy In %: 00.00%
Total High Estimate: $60000 + 1 lot estimate on request
Total High Sold: $192000

Complete lot by lot results can be found here.

69.23% of the lots that sold had proceeds in or above the estimate range. Surprises (defined as having proceeds of at least double the high estimate) included William Henry Jackson’s Grand Canyon of the Colorado at $16800, Dave Heath’s Vengeful Sister, Chicago at $19200, and Francis Bedford’s suite of 3 albums at $132000.

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