Friday, June 18, 2010

Auction Results: Photographie, June 16, 2010 @Van Ham

The results from the various owner photography sale at Van Ham in Cologne were generally uneventful. 32 lots were withdrawn from the auction, so I've recalculated the statistical measurements on the reduced totals, as if the missing lots had never been on offer in the first place. Vintage August Sander portraits were the best performers in the sale. Overall, the Total Sale Proceeds missed the estimate by a decent margin. (Van Ham does not provide an estimate range in most cases, just a single estimate number, so this figure is used as the High estimate in our calculations).

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

Total Lots: 259
Pre Sale High Total Estimate: 445750€
Total Lots Sold: 180
Total Lots Bought In: 79
Buy In %: 30.50%
Total Sale Proceeds: 364338€

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

Low Total Lots: 252
Low Sold: 177
Low Bought In: 75
Buy In %: 29.76%
Total Low Estimate: 365750€
Total Low Sold: 309963€

Mid Total Lots: 7
Mid Sold: 3
Mid Bought In: 4
Buy In %: 57.14%
Total Mid Estimate: 80000€
Total Mid Sold: 54375€

High Total Lots: 0
High Sold: NA
High Bought In: NA
Buy In %: NA
Total High Estimate: 0€
Total High Sold: NA
The top lot by High estimate was lot 17, Erwin Blumenfeld, Blumenfeld Color (portfolio), 1984, at 18000-20000€; it did not sell. The top outcome of the sale was lot 126, August Sander, Sänger u. Schauspieler, 1928, at 52500€. (Image at right, top, via Van Ham.)
83.89% of the lots that sold had proceeds in or above the estimate. There were a total of 11 surprises in the sale (defined as having proceeds of at least double the high estimate):
Lot 84, Karim Saab, Foto Anschlag, 1988, at 7500€
Lot 86, Erich Kukies, Der Verkauf einer Seele bringt in keinem Fall genug, 2009, at 3625€
Lot 88, Georges Leuzinger, Rio de Janiero, 1865, at 6625€
Lot 95, Richard Petersen, Dresden 1945/Blick vom Rathausturm, 1945, at 3000€
Lot 101, Albert Renger-Patzsch, Das Bäumchen, 1929, at 32500€ (Image at right, bottom, via Van Ham.)
Lot 107, Albert Renger-Patzsch, Waldschlag, 1957, at 3750€
Lot 125, August Sander, Der Hausarzt, 1906, at 6250€
Lot 126, August Sander, Sänger u. Schauspieler, 1928, at 52500€
Lot 127, August Sander, Junglehrer, 1928, at 13750€
Lot 130, August Sander, Winkeladvokat, 1952, at 35000€
Lot 260, Hilmar Pabel, Dresden, 1949, at 1625€

Complete lot by lot results can be found here.

Van Ham Kunstauktionen
Schönhauser Straße 10 - 16
D - 50968 Köln

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