Armand Guillaumin Leads Bonhams Paris $380,400 'Impressionist & Modern Art Online' Auction
3 min read · 03 May 2024
Bouchardon Lock, Crozant by Armand Guillaumin sold for $75,300. Image courtesy of Bonhams Cornette de Saint Cyr
A work by Armand Guillaumin was the headline sale at Bonhams Paris 'Impressionist & Modern Art Online' auction on May 2.
- The sale totaled $380,400, meeting the pre-sale estimate.
Snapshot of the sale
- 31 works sold totaling $380,400.
- Estimates totaled: $326,100 (low) and $488,000 (high), excluding premiums.
- The sell-through rate was 62% of the original 50 lots announced.
The star lot was: Armand Guillaumin, Bouchardon Lock, Crozant (1895), which sold for $75,300, 1300% above its $5,346 low estimate. It has been traded 3 times in the past.
The outperformer sold for 1800% above its low estimate. Armand Guillaumin, Moret sur Loing (1902), sold for $41,200 ($2,138 low estimate). It has been traded once in the past.
Breakdown of results against auction house estimates that are disclosed
- 17 works, or 55%, sold above their high estimate.
- 14 works, or 45%, sold within their low and high estimate.
- 0 works, or 0%, sold below their low estimate.
- 0 sold with undisclosed estimates.
Guaranteed sales
No sales had a guarantee.
Works that did not sell
19 works were bought-in, including: Georges Rouault, Landscape at the grove (1929), estimated at $42,800 (low) to $64,200 (high). It has been traded once in the past.
Withdrawn before the sale
0 works were withdrawn
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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.