Tuesday, November 23, 2010

Auction Results: Photographies Modernes et Contemporaines, November 9, 2010 @Yann Le Mouel

Yann Le Mouel's various owner photography sale took place during Paris Photo last week, but the results were relatively flat for this selection of lower end material. The Buy-In rate was over 40% and the Total Sale Proceeds missed the Total Low Estimate by a decent margin.

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

Total Lots: 250
Pre Sale Low Total Estimate: 349800€
Pre Sale High Total Estimate: 464130€
Total Lots Sold: 144
Total Lots Bought In: 106
Buy In %: 42.40%
Total Sale Proceeds: 297060€

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

Low Total Lots: 245
Low Sold: 140
Low Bought In: 105
Buy In %: 42.86%
Total Low Estimate: 401130€
Total Low Sold: 239220€

Mid Total Lots: 5
Mid Sold: 4
Mid Bought In: 1
Buy In %: 20.00%
Total Mid Estimate: 63000€
Total Mid Sold: 57840€

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 tied between three lots, all at 10000-15000€: lot 91, Andreas Feininger, The Photojournalist, 1955, lot 214, Kimiko Yoshida, La Mariée abelam au masque d'initiation baba, East Sepik, Papouasie-Nouvelle-Guinée, Autoportrait, 2005, and lot 226, Peter Lindbergh, Naomi Campbell, Vogue US, Los Angeles, USA, 1990. The Feininger was the top outcome of the sale at 18000€; the Yoshida and the Lindbergh both sold for 15000€.
89.58% of the lots that sold had proceeds in or above the estimate range. There were a total of 9 surprises in this sale (defined as having proceeds of at least double the high estimate):
Lot 3, La Goulue, La Goulue et Grille d'Egat and La Goulue, le Port d'arme, 1890, at 480€
Lot 4, Pierre Louis Pierson, Portraits de la Comtesse Castiglione, 1861-1867, at 660€
Lot 23, Andre Kertesz, Melancholic Tulip, 1939/1984, at 3360€
Lot 53, Humphrey Spender, Unemployed: Tyneside, 1986/Later, at 2040€
Lot 119, Robert Doisneau, Theatre du Puces, 1953, at 3840€
Lot 121, Robert Doisneau, Photos Instantanees, 1953, at 2640€ (image at right, bottom, via Yann Le Mouel)
Lot 137, Henri Cartier-Bresson, Sifnos, Greece, 1961, at 10800€
Lot 179, Bruce Davidson, East 100th Street, New York, 1966/2000, at 9000€ (image at right, top, via Yann Le Mouel)
Lot 212 Jean-Baptiste Huynh, Petit Garcon, 2002-2005, at 1800€
Complete lot by lot results can be found here.
Yann Le Mouel
22, Rue Chauchat
75009 Paris

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