Keith Haring Leads Artcurial $807,400 'Limited Edition' Auction in Paris
3 min read · 20 Nov 2024
Untitled by Keith Haring sold for $51,300. Image courtesy of Artcurial
A work by Keith Haring was the headline sale at Artcurial 'Limited Edition' auction on November 20 in Paris.
- The sale totaled $807,400 (EUR763,300), meeting the pre-sale estimate.
Snapshot of the sale
- 87 works sold totaling $807,400.
- Estimates totaled: $749,500 (low) and $1.05m (high), excluding premiums.
- The sell-through rate was 74% of the original 118 lots announced.
The star lot was: Keith Haring, *Untitled * (1985), which sold for $51,300, 91% above its $26,900 low estimate.
The outperformer sold for 416% above its low estimate. Zao Wou-ki, *Composition * (1973), sold for $5,551 ($1,075 low estimate). It has not been traded before.
Breakdown of results against auction house estimates that are disclosed
- 43 works, or 52%, sold above their high estimate.
- 39 works, or 48%, sold within their low and high estimate.
- 0 works, or 0%, sold below their low estimate.
- 5 sold with undisclosed estimates.
Guaranteed sales
No sales had a guarantee.
Works that did not sell
27 works were bought-in, including: Yoshitomo Nara, *In the Cloud * (2003), estimated at $26,900 (low) to $37,600 (high).
Withdrawn before the sale
4 works were withdrawn before the sale, including: Andy Warhol, Marilyn Monroe (1967) estimated at $75,300 (low) to $96,800 (high).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. Estimates, sale prices and totals are converted into US dollars. 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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.