Andre Brasilier Leads Sotheby's, Online $979,700 'Modern Discoveries' Auction
3 min read · 10 May 2024
La vallée de la Muze by Andre Brasilier sold for $89,400. Image courtesy of Sotheby's, Online
A work by Andre Brasilier was the headline sale at Sotheby's, Online 'Modern Discoveries' auction on May 9.
- The sale totaled $979,700, meeting the pre-sale estimate.
Snapshot of the sale
- 54 works sold totaling $979,700.
- Estimates totaled: $730,800 (low) and $1.17m (high), excluding premiums.
- The sell-through rate was 89% of the original 61 lots announced.
The star lot was: Andre Brasilier, La vallée de la Muze (1988), which sold for $89,400, 150% above its $33,300 low estimate. It has not been traded before.
The outperformer sold for 400% above its low estimate. Lin Xi, Your Name, My Surname (2024), sold for $14,600 ($2,559 low estimate). It has not been traded before.
Breakdown of results against auction house estimates that are disclosed
- 18 works, or 33%, sold above their high estimate.
- 28 works, or 52%, sold within their low and high estimate.
- 8 works, or 15%, sold below their low estimate.
- 0 sold with undisclosed estimates.
Guaranteed sales
No sales had a guarantee.
Works that did not sell
6 works were bought-in, including: Andre Brasilier, Village du Tardenois (1966), estimated at $35,800 (low) to $61,400 (high).
Withdrawn before the sale
1 work was withdrawn before the sale: Nguyen Gia Tri, Village in the forest (1952) estimated at $19,200 (low) to $38,400 (high).
Terms and definitions
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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.
