Monday, January 4, 2010

Auction Results: Photographie Ancienne, Moderne et Contemporaine, November 21, 2009 @Yann Le Mouel

With the new year now in full swing, we have a backup of auction results from the end of 2009 to report on in the next few days, ending with a detailed 2009 auction summary later in the week. Yann Le Mouel's various owner photography sale was scheduled during Paris Photo, but must have gotten lost in all the action. The buy-in rate was over 55% and the Total Sale Proceeds missed the Total Low Estimate by a wide margin.

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

Total Lots: 290
Pre Sale Low Total Estimate: 425350€
Pre Sale High Total Estimate: 550550€
Total Lots Sold: 128
Total Lots Bought In: 162
Buy In %: 55.86%
Total Sale Proceeds: 186052€

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

Low Total Lots: 282
Low Sold: 128
Low Bought In: 154
Buy In %: 54.61%
Total Low Estimate: 450550€
Total Low Sold: 186052€

Mid Total Lots: 8
Mid Sold: 0
Mid Bought In: 8
Buy In %: 100.00%
Total Mid Estimate: 100000€
Total Mid Sold: 0€

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 29, Eugene Cuvelier, Chêne et sous-bois, 1862, at 15000-18000€; it did not sell. The top outcome of the sale was lot 158, Aaron Siskind, New York, South Street, 1947, at 6420€.

92.97% of the lots that sold had proceeds in or above the estimate range. There were a total of five surprises in this sale (defined as having proceeds of at least double the high estimate):

Lot 4, Kusakabe Kimbei, Geisha se levant les cheveux, 1880, at 934€
Lot 48, Andre Kertesz, Chez Mondrian, 1926/1984, at 3151€
Lot 108, Nicolas Yantchevsky, Pont levant de la rue de Crimee, vu du Quai de L'Oise, 1954, at 1868€
Lot 216, Eikoh Hosoe, Homme et femme, 1960, at 1459€
Lot 253, David Bailey, John Lennon et Paul McCartney, 1965, at 6303€

Complete lot by lot results can be found here.

Yann Le Mouel
22, Rue Chauchat
75009 Paris

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