Auction Results: Contemporary Art Evening and Day Sales, June 27 and 28, 2013 @Phillips London

Cindy Sherman saved the day for the photography buried in Phillips' Contemporary Art sales in London last week. Her two lots in the Evening sale brought in more than half the total haul for photography across the two sales. With an overall Buy-In rate over 40%, the Total Sale Proceeds worked hard to get near the low estimate.

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

Total Lots: 32
Pre Sale Low Total Estimate: £1064000
Pre Sale High Total Estimate: £1528000
Total Lots Sold: 18
Total Lots Bought In: 14
Buy In %: 43.75%
Total Sale Proceeds: £1005250

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

Low Total Lots: 0
Low Sold: NA
Low Bought In: NA
Buy In %: NA
Total Low Estimate: £0
Total Low Sold: NA

Mid Total Lots: 16
Mid Sold: 9
Mid Bought In: 7
Buy In %: 43.75%
Total Mid Estimate: £258000
Total Mid Sold: £136250

High Total Lots: 16
High Sold: 9
High Bought In: 7
Buy In %: 43.75%
Total High Estimate: £1270000
Total High Sold: £869000

The top photography lot by High estimate was lot 6, Cindy Sherman, Untitled #426, 2004, at £200000-300000; it sold for £242500. The top photography outcome of the two sales was lot 8, Cindy Sherman, Untitled Film Still #36, estimated at £60000-80000, sold at £302500 (image at right, top, via Phillips).

100.00% of the lots that sold had proceeds above or in the estimate range. There was only one positive surprise in the two sales (defined as having proceeds of at least double the high estimate):

Lot 8, Cindy Sherman, Untitled Film Still #36, estimated at £60000-80000, sold at £302500

Complete lot by lot results can be found here (Evening) and here (Day).

Phillips
Howick Place
London SW1P 1BB

Auctions: Contemporary Art Evening and Day Sales, June 27 and 28, 2013 @Phillips London

Phillips completes the early summer Contemporary Art season in London tomorrow with a predictable selection of recent photography. Sherman, Sugimoto, Gilbert & George, and Ruff make up the top lots. Overall, there are a total of 32 lots of photography available across the two sales, with a Total High Estimate for photography of £1528000.

Here's the statistical breakdown:

Total Low Lots (high estimate up to and including £5000): 0
Total Low Estimate (sum of high estimates of Low lots): NA

Total Mid Lots (high estimate between £5000 and £25000): 16
Total Mid Estimate: £258000

Total High Lots (high estimate above £25000): 16
Total High Estimate: £1270000

The top lot by High estimate is lot 6, Cindy Sherman, Untitled #426, 2004, at £200000-300000. (Image at right, top, via Phillips.)

Here is the short list of the photographers who are represented by more than one lot in the two sales (with the number of lots in parentheses):

Cindy Sherman (3)
David LaChapelle (2)
Richard Prince (2)
Thomas Ruff (2)

Other lots of interest include lot 167, Hiroshi Sugimoto, Vladimir Ilyich Lenin, 1999, at £120000-180000 (image at right, middle), and lot 189, Richard Prince, All the Best, 2000, at £35000-45000 (image at right, bottom, both via Phillips).

The complete lot by lot catalogs can be found here (Evening) and here (Day).

Contemporary Art Evening Sale
June 27th

Contemporary Art Day Sale
June 28th

Phillips
Howick Place
London SW1P 1BB

Auction Results: Contemporary Art Evening and Day Sales, May 16 and 17, 2013 @Phillips New York

The photography buried in Phillips' two Contemporary Art sales last week provided ample proof that if the available works are well edited and the Buy-In rate can be kept low, the overall results are usually plenty successful. In this case, less than 9% of the photographs on offer failed to find buyers, driving the Total Sale Proceeds over the top of aggregate pre-sale high estimate.

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

Total Lots: 34
Pre Sale Low Total Estimate: $2680000
Pre Sale High Total Estimate: $3980000
Total Lots Sold: 31
Total Lots Bought In: 3
Buy In %: 8.82%
Total Sale Proceeds: $4073250

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

Low Total Lots: 0
Low Sold: NA
Low Bought In: NA
Buy In %: NA
Total Low Estimate: $0
Total Low Sold: NA

Mid Total Lots: 19
Mid Sold: 18
Mid Bought In: 1
Buy In %: 5.26%
Total Mid Estimate: $480000
Total Mid Sold: $568750

High Total Lots: 15
High Sold: 13
High Bought In: 2
Buy In %: 13.33%
Total High Estimate: $3500000
Total High Sold: $3504500

The top photography lot by High estimate was lot 7, Andreas Gursky, Rhein, 1996, estimated at $1000000-1500000; it was also the top outcome of the sales at 1925000

82.35% of the lots that sold had proceeds in or above the estimate range, and there were a total of 3 surprises in the sale (defined as having proceeds of at least double the high estimate):

Lot 194, Andreas Gursky, Untitled 1 (Carpet), 1993, estimated at $60000-80000, sold at $173000 (image at right, top, via Phillips)
Lot 210, Vik Muniz, Valentine, The Fastest from The Sugar Children, 1996, estimated at $20000-25000, sold at $81250 (image at right, middle, via Phillips)
Lot 252, Ruud van Empel, World #16, 2006, estimated at $12000-18000, sold at $43750 (image at right, bottom, via Phillips)

Complete lot by lot results can be found here (Evening) and here (Day).

Phillips
450 Park Avenue
New York, NY 10022

Auction Results: Photographs, May 8, 2013 @Phillips London

Phillips' various owner Photographs sale in London last week delivered solid, workmanlike results. With a Buy-In rate just over 30% and Total Sale Proceeds that found the middle of the estimate range, it generally performed according to plan.

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

Total Lots: 123
Pre Sale Low Total Estimate: £1184000
Pre Sale High Total Estimate: £1676500
Total Lots Sold: 86
Total Lots Bought In: 37
Buy In %: 30.08%
Total Sale Proceeds: £1291750

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

Low Total Lots: 49
Low Sold: 36
Low Bought In: 13
Buy In %: 26.53%
Total Low Estimate: £182500
Total Low Sold: £159375


Mid Total Lots: 59
Mid Sold: 41
Mid Bought In: 18
Buy In %: 30.51%
Total Mid Estimate: £714000
Total Mid Sold: £574125

High Total Lots: 15
High Sold: 9
High Bought In: 6
Buy In %: 40.00%
Total High Estimate: £780000
Total High Sold: £558250

The top photography lot by High estimate was lot 32, Nobuyoshi Araki, 77 works, n.d., estimated at £100000-120000; it was also the top outcome of the sale at £110500.

96.51% of the lots that sold had proceeds above or in the estimate range, and there were 5 positive surprises (defined as having proceeds of at least double the high estimate):

Lot 63, Alfred Eisenstaedt, Ice Skating Waiter, St. Moritz, Switzerland, 1932/later, estimated at £6000-8000, sold at £16250 (image at right, top, via Phillips)
Lot 73, Elliott Erwitt, New York City, 1974/later, estimated at £1500-2500, sold at £5250
Lot 112, Albert Watson, Monkey With Gun, New York City, 1992, estimated at £2000-3000, sold at £6000 (image at right, bottom, via Phillips)
Lot 117, Loretta Lux, The Drummer, 2004, estimated at £4000-6000, sold at £13750 (image at right, middle via Phillips)
Lot 122, Helmut Newton, Sumo, estimated at £2500-3500, sold at £10000

Complete lot by lot results can be found here.

Phillips
Howick Place
London SW1P 1BB

Auctions: Contemporary Art Evening and Day Sales, May 16 and 17, 2013 @Phillips New York

Phillips' finishes up the Spring Contemporary Art season  in New York with its Evening and Day sales next Thursday and Friday. Gursky, Prince, and Gilbert & George account for the top photographic lots, with a few fresher names at lower prices. All in, there are a total of 34 photographs available across the two sales, with a Total High Estimate for photography of $3980000.

Here's the statistical breakdown:

Total Low Lots (high estimate up to and including $10000): 0
Total Low Estimate (sum of high estimates of Low lots): $0

Total Mid Lots (high estimate between $10000 and $50000): 19
Total Mid Estimate: $480000

Total High Lots (high estimate above $50000): 15
Total High Estimate: $3500000

The top lot by High estimate is lot 7, Andreas Gursky, Rhein, 1996, estimated at $1000000-1500000 (image at right, top, via Phillips).

Here's the very short list of photographers represented by three or more lots in the sale (with the number of lots in parentheses)

Andreas Gursky (4)
Vik Muniz (3)

Other works of interest include lot 215, Sterling Ruby, Spectrum Series: Trunk, 2003, estimated at $20000-30000 (image at right middle, via Phillips), and lot 226, Elad Lassry, Wall, 2008, estimated at $8000-12000 (image at right, bottom, via Phillips).

The complete lot by lot catalogs can be found here (Evening) and here (Day).

Contemporary Art Evening
May 16th

Contemporary Art Day
May 17th

Phillips
450 Park Avenue
New York, NY 10022

Auction: Photographs, May 8, 2013 @Phillips London

The spring auction season in London gets going next week, starting with Phillips' various owner Photographs sale Wednesday. It's a broad, primarily mid-range sale, with few major anchor pieces or unexpected treasures. Overall, there are a total of 123 lots of photography available in the sale, with a Total High Estimate of £1676500.

Here's the statistical breakdown:

Total Low Lots (high estimate up to and including £5000): 49
Total Low Estimate (sum of high estimates of Low lots): £182500

Total Mid Lots (high estimate between £5000 and £25000): 59
Total Mid Estimate: £714000

Total High Lots (high estimate above £25000): 15
Total High Estimate: £780000

The top photography lot by High estimate is lot 32, Nobuyoshi Araki, 77 works, n.d., estimated at £100000-120000. (Image at right, top, via Phillips.)

Here is the short list of the photographers who are represented by four or more lots in the sale (with the number of lots in parentheses):

Robert Mapplethorpe (7)
Henri Cartier-Bresson (4)
Horst P. Horst (4)
David LaChapelle (4)

Other lots of interest include lot 39, Germaine Krull, Selected images, 1923-1927, estimated at £10000-15000 (image at right, middle), and lot 97, Adam Fuss, Untitled, 2006, estimated at £15000-20000 (image at right, bottom, both via Phillips).

The complete lot by lot catalog can be found here.

Photographs
May 8th

Phillips
Howick Place
London SW1P 1BB

Auction Results: Under the Influence, April 11, 2013 @Phillips London

It was a pretty dismal outcome for the photography included in Phillips' Under the Influence sale in London last week. With a Buy-In rate for photography topping 60% and no positive surprises, it is no surprise that the Total Sale Proceeds for photography missed the low end of the estimate range by a meaningful margin.

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

Total Lots: 41
Pre Sale Low Total Estimate: £221000
Pre Sale High Total Estimate: £318000
Total Lots Sold: 16
Total Lots Bought In: 25
Buy In %: 60.98%
Total Sale Proceeds: £116063

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

Low Total Lots: 11
Low Sold: 4
Low Bought In: 7
Buy In %: 63.64%
Total Low Estimate: £51000
Total Low Sold: £14000

Mid Total Lots: 30
Mid Sold: 12
Mid Bought In: 18
Buy In %: 60.00%
Total Mid Estimate: £267000
Total Mid Sold: £102063

High Total Lots: 0
High Sold: NA
High Bought In: NA
Buy In %: NA
Total High Estimate: £0
Total High Sold: NA

The top photography lot by High estimate was lot 122, Jitish Kallat, Cenotaph (A Deed of Transfer), 2007, at £18000-25000; it was also the top photography outcome of the sale at £20000.

81.25% of the lots that sold had proceeds above or in the estimate range, but that statistic is a little misleading, since only 3 photography lots sold above the range and there were no positive surprises (defined as having proceeds of at least double the high estimate).

Complete lot by lot results can be found here

Phillips
Howick Place
London SW1P 1BB

Auction: Under the Influence, April 11, 2013 @Phillips London

Phillips' Under the Influence sale tomorrow in London has a selection of mid range photographs worth a quick look. Overall, there are a total of 41 lots of photography available in the sale, with a Total High Estimate for photography of £318000.

Here's the statistical breakdown:

Total Low Lots (high estimate up to and including £5000): 11
Total Low Estimate (sum of high estimates of Low lots): £51000

Total Mid Lots (high estimate between £5000 and £25000): 30
Total Mid Estimate: £267000

Total High Lots (high estimate above £25000): 0
Total High Estimate: NA

The top photography lot by High estimate is lot 122, Jitish Kallat, Cenotaph (A Deed of Transfer), 2007, at £18000-25000. (Image at right, top, via Phillips.)

Here is the short list of the photographers who are represented by three or more lots in the sale (with the number of lots in parentheses):

Kim Joon (3)
Vik Muniz (3)
Youssef Nabil (3)

Other lots of interest include lot 39, Dash Snow, Untitled (Hell), 2005, at £4000-6000 (image at right, middle), and lot 126, Youssef Nabil, Not Afraid to Love, Paris, 2005, at £10000-15000 (image at right, bottom, both via Phillips).

The complete lot by lot catalog can be found here.

Under the Influence
April 11th

Phillips
Howick Place
London SW1P 1BB

Auction Results: Photographs, April 3, 2013 @Phillips New York

Phillips' follow up various owner Photographs sale last week performed nearly as well its earlier single owner sale. The overall Buy-In rate was just over 15% and the Total Sale Proceeds once again came close to the High estimate.

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

Total Lots: 141
Pre Sale Low Total Estimate: $2411500
Pre Sale High Total Estimate: $3527500
Total Lots Sold: 118
Total Lots Bought In: 23
Buy In %: 16.31%
Total Sale Proceeds: $3307375

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

Low Total Lots: 37
Low Sold: 28
Low Bought In: 9
Buy In %: 24.32%
Total Low Estimate: $244500
Total Low Sold: $230875

Mid Total Lots: 91
Mid Sold: 78
Mid Bought In: 13
Buy In %: 14.29%
Total Mid Estimate: $2073000
Total Mid Sold: $1847000

High Total Lots: 13
High Sold: 12
High Bought In: 1
Buy In %: 7.69%
Total High Estimate: $1210000
Total High Sold: $1229500

The top lot by High estimate was lot 177, Edward Steichen, Diagram of Doom - 2, c1922, estimated at $120000-180000; it sold for $122500. The top outcome of the sale was lot 291, Hiroshi Sugimoto, Joe #2134, 2004, estimated at $60000-80000, sold at $170500 (image at right, top, via Phillips).

97.46% of the lots that sold had proceeds in or above the estimate range. There were a total of 6 surprises in the sale (defined as having proceeds of at least double the high estimate):

Lot 224, William Eggleston, East Memphis, 1972/1985, estimated at $8000-12000, sold at $30000
Lot 239, Helmut Newton, Shoe, Monte Carlo, 1983, estimated at $8000-12000, sold at $30000
Lot 246, Peter Beard, Cheetah cubs orphaned at Mweiga nr. Nyeri for The End of the Game, 1968/later, estimated at $10000-15000, sold at $32500
Lot 291, Hiroshi Sugimoto, Joe #2134, 2004, estimated at $60000-80000, sold at $170500
Lot 297, Gabriel Orozco, Shower Head, 2008, estimated at $7000-9000, sold at $25000 (image at right, middle, via Phillips)
Lot 306, Loretta Lux, Study of a Boy, 2002, estimated at $5000-7000, sold at $16250 (image at right, bottom, via Phillips)

Complete lot by lot results can be found here.

Phillips
450 Park Avenue
New York, NY 10022

Auction Results: Important Photographs from the Collection of Dr. Anthony Terrana, April 2 and 3, 2013 @Phillips New York

Phillips can certainly be pleased with the outcome of the Anthony Terrana single owner photographs sale. Interest was strong across all three price levels, the overall Buy-In rate hovered near 15%, and the Total Sale Proceeds nearly reached the High estimate, powered by a solid number of positive surprises.

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

Total Lots: 165
Pre Sale Low Total Estimate: $3718500
Pre Sale High Total Estimate: $5400000
Total Lots Sold: 140
Total Lots Bought In: 25
Buy In %: 15.15%
Total Sale Proceeds: $5053750

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

Low Total Lots: 78
Low Sold: 72
Low Bought In: 6
Buy In %: 7.69%
Total Low Estimate: $533000
Total Low Sold: $677625

Mid Total Lots: 64
Mid Sold: 50
Mid Bought In: 14
Buy In %: 21.88%
Total Mid Estimate: $1452000
Total Mid Sold: $1348125

High Total Lots: 23
High Sold: 18
High Bought In: 5
Buy In %: 21.74%
Total High Estimate: $3415000
Total High Sold: $3028000

The top lot by High estimate was tied between lot 12, Alfred Stieglitz, Georgia O'Keeffe, 1919 (image at right, top, via Phillips), and lot 19, Irving Penn, Harlequin Dress (Lisa Fonssagrives-Penn), 1950, both estimated at $300000-500000. The Stieglitz sold for $302500 and the Penn sold for $290500. The top outcome of the sale was lot 28, Diane Arbus, Identical Twins Cathleen and Colleen, Roselle, NJ, 1967, estimated at $180000-220000, sold at $602500 (image at right, top, via Phillips).

92.14% of the lots that sold had proceeds in or above the estimate range. There were a total of 18 surprises in the sale (defined as having proceeds of at least double the high estimate):

Lot 3, Francesca Woodman, Untitled, Providence, Rhode Island, 1975-1978, estimated at $25000-35000, sold at $86500
Lot 7, Laszlo Moholy-Nagy, Lyon Stadium, 1929. estimated at $90000-120000, sold at $278500
Lot 18, Herb Ritts, Versace Dress, Back View, El Mirage, 1990, estimated at $20000-30000, sold at $68500
Lot 20, Robert Polidori, Galerie Basse, Chateau de Versailles, 1985, estimated at $18000-22000, sold at $45000
Lot 28, Diane Arbus, Identical Twins Cathleen and Colleen, Roselle, NJ, 1967, estimated at $180000-220000, sold at $602500
Lot 29, Angela Strassheim, Untitled (Father & Son), 2004, estimated at $10000-15000, sold at $35000
Lot 137, Pieter Hugo, Abdullahi Mohammed with Mainsara, Ogere-Remo, Nigeria, from Gadawan Kura, The Hyena Men II, 2007, estimated at $10000-15000, sold at $40000
Lot 41, Martine Franck, Children's Library Built by the Atelier Montrouge, Clamart, France, 1965/later, estimated at $2000-3000, sold at $6875
Lot 45, Lewis Hine, Tenement Product, Chicago, 1907/1920s, estimated at $6000-8000, sold at $52500 (image at right, middle, via Phillips)
Lot 67, Edward Steichen, The Flatiron Evening, 1905, estimated at $5000-7000, sold at $23750
Lot 98, Masao Yamamoto, Selected images from A Box of Ku and Nakazora, 1990-2002, estimated at $6000-8000, sold at $18750
Lot 101, Lynn Davis, Red Pyramid, Dashur, Cairo, Egypt, 1997, estimated at $7000-9000, sold at $20000
Lot 108, Nobuyoshi Araki, Untitled, 1990-2000, estimated at $3000-4000, sold at $11250
Lot 114, Sally Mann, Untitled from Deep South, 1998, estimated at $7000-9000, sold at $26250
Lot 130, Ryan McGinley, Whirlwind, 2003, estimated at $5000-7000, sold at $15000
Lot 140, Mickalene Thomas, Afro Goddess Lover's Friend, 2006, estimated at $8000-10000, sold at $23750
Lot 158, Alex Prager, Annie, 2007, estimated at $5000-7000, sold at $30000 (image at right, bottom, via Phillips)
Lot 159, Alex Prager, Wendy from Week-End, 2009, estimated at $7000-9000, sold at $21875

Complete lot by lot results can be found here.

Phillips
450 Park Avenue
New York, NY 10022

Auction: Photographs, April 3, 2013 @Phillips New York

Phillips' upcoming various owner Photographs sale is a diverse mix, with a few eyecatchers and many more solid, middle of the road works by well known names to sift through. All in, there are a total of 141 photographs on offer, with a total High estimate of $3527500.

Here's the statistical breakdown:

Total Low Lots (high estimate up to and including $10000): 37
Total Low Estimate (sum of high estimates of Low lots): $244500

Total Mid Lots (high estimate between $10000 and $50000): 91
Total Mid Estimate: $2073000

Total High Lots (high estimate above $50000): 13
Total High Estimate: $1210000

The top lot by High estimate is lot 177, Edward Steichen, Diagram of Doom - 2, c1922, estimated at $120000-180000 (image at right, top, via Phillips).

Here's the list of photographers represented by three or more lots in the sale (with the number of lots in parentheses):

Robert Mapplethorpe (9)
Irving Penn (7)
Peter Beard (5)
Helmut Newton (5)
Henri Cartier-Bresson (4)
Andre Kertesz (4)
Hiroshi Sugimoto (4)
Diane Arbus (3)
Lee Friedlander (3)
Horst P. Horst (3)

Other works of interest include lot 205, Irving Penn, Poppy: Showgirl, New York, 1968/1989, estimated at $50000-70000 (image at right middle, via Phillips), and lot 206, Lee Friedlander, Galax, Virginia, 1962/1960s, estimated at $30000-40000 (image at right, bottom, via Phillips).

The complete lot by lot catalog can be found here.

Photographs
April 3rd

Phillips
450 Park Avenue
New York, NY 10022

Auction: Important Photographs from the Collection of Dr. Anthony Terrana, April 2 and 3, 2013 @Phillips New York

Phillips begins the 2013 Spring auction season for photography with a two session, single owner sale drawn from the collection of Dr. Anthony Terrana. It's a broad selection, covering both well known names and more recent contemporary work, with a strong group of 20th century icons from the likes of Stieglitz, Kertesz, Frank, Arbus, Weston, and Moholy-Nagy at its core. All in, there are a total of 165 photographs on offer, with a total High estimate of $5400000. As a side note, while flipping through the catalog, I noticed a repeated pattern - an impressive 76 of the available lots came into Terrana's collection via the Robert Klein Gallery.

Here's the statistical breakdown:

Total Low Lots (high estimate up to and including $10000): 78
Total Low Estimate (sum of high estimates of Low lots): $533000

Total Mid Lots (high estimate between $10000 and $50000): 64
Total Mid Estimate: $1452000

Total High Lots (high estimate above $50000): 23
Total High Estimate: $3415000

The top lot by High estimate is tied between lot 12, Alfred Stieglitz, Georgia O'Keeffe, 1919 (image at right, top, via Phillips), and lot 19, Irving Penn, Harlequin Dress (Lisa Fonssagrives-Penn), 1950, both estimated at $300000-500000.

Here's the list of photographers represented by three or more lots in the sale (with the number of lots in parentheses):

Robert Frank (4)
Sally Mann (4)
Henri Cartier-Bresson (3)
Pieter Hugo (3)
Abelardo Morell (3)
Vik Muniz (3)
Edward Steichen (3)
Alfred Stieglitz (3)

Other works of interest include lot 22, Paul Strand, Venice, Italy, 1911, estimated at $180000-220000 (image at right middle, via Phillips), and lot 21, Charles Sheeler, Chartres-Flying Buttresses at the Crossing, 1929, estimated at $50000-70000 (image at right, bottom, via Phillips).

The complete lot by lot catalog can be found here.

Important Photographs from the Collection of Dr. Anthony Terrana
April 2nd and 3rd

Phillips
450 Park Avenue
New York, NY 10022

Auction Results: Contemporary Art and Design Evening and Under the Influence, March 7 and 8, 2013 @Phillips New York

The results for the photographs buried in Phillips' two Armory week sales were generally as expected: the Buy-In rate for photography was under 30% and the Total Sale Proceeds for photography cleared the aggregate low estimate.

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

Total Lots: 86
Pre Sale Low Total Estimate: $1412000
Pre Sale High Total Estimate: $2002000
Total Lots Sold: 62
Total Lots Bought In: 24
Buy In %: 27.91%
Total Sale Proceeds: $1491150

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

Low Total Lots: 31
Low Sold: 20
Low Bought In: 11
Buy In %: 35.48%
Total Low Estimate: $232000
Total Low Sold: $184375

Mid Total Lots: 46
Mid Sold: 35
Mid Bought In: 11
Buy In %: 23.91%
Total Mid Estimate: $1040000
Total Mid Sold: $789775

High Total Lots: 9
High Sold: 7
High Bought In: 2
Buy In %: 22.22%
Total High Estimate: $730000
Total High Sold: $517000

The top photography lot by High estimate was lot 21, Richard Prince, Untitled (Massage), 1980-1981, estimated at $100000-150000; it sold for $146500.

87.10% of the lots that sold had proceeds in or above the estimate range. There were a total of 4 surprises in these sales (defined as having proceeds of at least double the high estimate):

Lot 133, Slater Bradley, Factory Ikon, 2007, estimated at $6000-8000, sold at $16250
Lot 134, Slater Bradley, Boulevard of Broken Dreams (Perine 02), 2009, estimated at $6000-8000, sold at $18750 (image at right, bottom, via Phillips)
Lot 267, Larry Sultan, Sharon Wild (from The Valley series), 2001, estimated at $4000-6000, sold at $21250 (image at right, middle, via Phillips)
Lot 279, Vitaliy and Elena Vasilieva, Ice (triptych), 2011, estimated at $25000-30000, sold at $106900 (image at right, top, via Phillips)

Complete lot by lot results can be found here (Contemporary Art and Design) and here (Under the Influence).

Phillips
450 Park Avenue
New York, NY 10022

Auctions: Contemporary Art and Design Evening and Under the Influence, March 7 and 8, 2013 @Phillips New York

For its Armory week offerings, Phillips has paired an Evening sale with its broader, more eclectic Under the Influence sale. The vast majority of the photography available can be found in the Under the Influence auction on Friday, with a liberal sprinkling of mid range works by both bold faced and lesser known names to be uncovered there. All in, there are a total of 86 lots of photography available across the two sessions, with a total High estimate for photography of $2002000.

Here's the statistical breakdown:

Total Low Lots (high estimate up to and including $10000): 31
Total Low Estimate (sum of high estimates of Low lots): $232000

Total Mid Lots (high estimate between $10000 and $50000): 46
Total Mid Estimate: $1040000

Total High Lots (high estimate above $50000): 9
Total High Estimate: $730000

The top photography lot by High estimate is lot 21, Richard Prince, Untitled (Massage), 1980-1981, estimated at $100000-150000 (image at right, top, via Phillips).

Here's the list of photographers represented by two or more lots in the sales (with the number of lots in parentheses):

Andy Warhol (4)
Slater Bradley (3)
Nan Goldin (3)
Marilyn Minter (3)
Vik Muniz (3)
Doug Aitken (2)
Sophie Calle (2)
Roland Fischer (2)
Anthony Goicolea (2)
Andreas Gursky (2)
Paul McCarthy (2)
Shirin Neshat (2 )
Eleonore Nitzschke (2)
Richard Prince (2)
Thomas Ruff (2)
Cindy Sherman (2)
Stephen Shore (2)
Spencer Tunick (2)

Other works of interest include lot 184, Doug Aitken, Cul de Sac, 2004, estimated at $60000-80000 (image at right, middle) and lot 25, Louise Lawler, Going, 2001/2002, estimated at $50000-70000 (image at right, bottom, all via Phillips.)

The complete lot by lot catalogs can be found here (Contemporary Art and Design) and here (Under the Influence).

Contemporary Art and Design Evening
March 7th

Under the Influence
March 8th

Phillips
450 Park Avenue
New York, NY 10022

Auction Results: Contemporary Art Evening and Day Sales, February 14 and 15, 2013 @Phillips London

It was an unimpressively weak outing for the photography included in Phillips' Contemporary Art sales in London last week. Seven out of the top ten photography lots failed to sell, driving the overall Buy-In rate for photography up near 50%, and the Total Sale Proceeds for photography missed the low end of the estimate range by a wide margin.

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

Total Lots: 29
Pre Sale Low Total Estimate: £927000
Pre Sale High Total Estimate: £1305000
Total Lots Sold: 15
Total Lots Bought In: 14
Buy In %: 48.28%
Total Sale Proceeds: £759025

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

Low Total Lots: 0
Low Sold: NA
Low Bought In: NA
Buy In %: NA
Total Low Estimate: £0
Total Low Sold: NA

Mid Total Lots: 12
Mid Sold: 8
Mid Bought In: 4
Buy In %: 33.33%
Total Mid Estimate: £190000
Total Mid Sold: £119375

High Total Lots: 17
High Sold: 7
High Bought In: 10
Buy In %: 58.82%
Total High Estimate: £1115000
Total High Sold: £639650

The top photography lot by High estimate was lot 8, Barbara Kruger, Untitled (Look and listen), 1996, at £200000-300000; it was also the top photography outcome across two sales at £253250.

100.00% of the lots that sold had proceeds above or in the estimate range, but that statistic is a little deceiving, since only 2 photography lots sold above the range and there were no positive surprises (defined as having proceeds of at least double the high estimate).

Complete lot by lot results can be found here (Evening) and here (Day).

Phillips
Howick Place
London SW1P 1BB

Auctions: Contemporary Art Evening and Day Sales, February 14 and 15, 2013 @Phillips London

Phillips finishes up the Spring Contemporary Art season in London later this week with a generally uneventful gathering of photography. The top lots include works by Kruger, Sherman, Kelley, Rondinone, and Demand. Overall, there are a total of 29 lots of photography available across the two sales, with a Total High Estimate for photography of £1305000.

Here's the statistical breakdown:

Total Low Lots (high estimate up to and including £5000): 0
Total Low Estimate (sum of high estimates of Low lots): NA

Total Mid Lots (high estimate between £5000 and £25000): 12
Total Mid Estimate: £190000

Total High Lots (high estimate above £25000): 17
Total High Estimate: £1115000

The top lot by High estimate is lot 8, Barbara Kruger, Untitled (Look and listen), 1996, at £200000-300000. (Image at right, top, via Phillips.)

Here is the short list of the photographers who are represented by more than one lot in the two sales (with the number of lots in parentheses):

Richard Prince (3)
John Baldessari (2)
Mike Kelley (2)
David LaChapelle (2)
Vik Muniz (2)
Robin Rhode (2)
Cindy Sherman (2)

Other lots of interest include lot 27, Cindy Sherman, Untitled #469, 2008, at £180000-220000 (image at right, middle), and lot 131, Christopher Wool, Incident on 9th Street, 1997, at £30000-40000 (image at right, bottom, both via Phillips).

The complete lot by lot catalogs can be found here (Evening) and here (Day).

Contemporary Art Evening Sale
February 14th

Contemporary Art Day Sale
February 15th

Phillips
Howick Place
London SW1P 1BB