Arnaldo Pomodoro Leads Rago Arts & Auction Center $2.43m 'Unbound: The Dina & Jerry Wind Collection' Auction in Lambertville

Arnaldo Pomodoro Leads Rago Arts & Auction Center $2.43m 'Unbound: The Dina & Jerry Wind Collection' Auction in Lambertville

3 min read  ·  25 Apr 2024

Sfera con sfera by Arnaldo Pomodoro sold for $441,000.
Image courtesy of Rago Arts & Auction Center

Sfera con sfera by Arnaldo Pomodoro sold for $441,000. Image courtesy of Rago Arts & Auction Center

A work by Arnaldo Pomodoro was the headline sale at Rago Arts & Auction Center 'Unbound: The Dina & Jerry Wind Collection' auction on April 23 in Lambertville.

  • The sale totaled $2.43m, meeting the pre-sale estimate.

Snapshot of the sale

  • 68 works sold totaling $2.43m.
  • Estimates totaled: $2.17m (low) and $3.12m (high), excluding premiums.
  • The sell-through rate was 91% of the original 75 lots announced.

The star lot was: Arnaldo Pomodoro, Sfera con sfera (1995), which sold for $441,000, 26% above its $350,000 low estimate. It has not been traded before.

The outperformer sold for 500% above its low estimate. Rob Sieminski, Tornado Spiral Pot with Pebbled Interior (1992), sold for $3,930 ($600 low estimate). It has not been traded before.

Breakdown of results against auction house estimates that are disclosed

Breakdown of results against auction house estimates that are disclosed

  • 35 works, or 51%, sold above their high estimate.
  • 15 works, or 22%, sold within their low and high estimate.
  • 18 works, or 26%, sold below their low estimate.
  • 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

7 works were bought-in, including: Anthony Caro, Medusa (1989), estimated at $150,000 (low) to $200,000 (high). It has not been traded before.

Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.


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