3 min read · 03 Jul 2024
Saint Eustace by Albrecht Durer sold for $318,400. Image courtesy of Christie's
A work by Albrecht Durer was the headline sale at Christie's 'Old Master Prints' auction on July 2 in London.
The star lot was: Albrecht Durer, Saint Eustace (1501), which sold for $318,400, its estimated price. It has been traded 3 times in the past.
The outperformer sold for 500% above its low estimate. Master of the Die, Apollo and Marsyas (Undated), sold for $4,139 ($635 low estimate). It has been traded once in the past.
Breakdown of results against auction house estimates that are disclosed
No sales had a guarantee.
15 works were bought-in, including: Jacques Bellange, Christ carrying the Cross (1612), estimated at $38,100 (low) to $63,500 (high). It has not been traded before.
0 works were withdrawn
All results include the fees and premiums added to the price of a work of art when the auctioneer's hammer falls. Sale prices are compared to the auction house’s low estimate, which do not include premiums.
Guarantees: Sometimes an auction house guarantees to pay a seller for a work, regardless of whether the bidding reaches the reserve price, a figure that is typically confidential.
Bought-in: If there are no bids for a work, or if bidding falls short of the reserve price, the lot is unsold or “bought-in”.
Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.
Premiums: Typically a sliding-scale of charges paid in addition to the hammer price by the buyer, plus any other fees.