Artcurial Old Masters & 19th Century Auction Totals $7.41m

A work by Louis-Gabriel Moreau was the headline sale at Artcurial 'Old Masters & 19th Century' auction on November 10 in Paris.

• The sale totaled $7.41m (EUR6.64m), meeting the pre-sale estimate.

Snapshot of the sale

• 124 works sold totaling $7.41m.
• Estimates totaled: $5.58m (low) and $8.01m (high), excluding premiums.
• The sell-through rate was 68% of the original 182 lots announced.

The star lot was: Louis-Gabriel Moreau, View of the Bellevue hills taken from the park of Saint-Cloud (Undated), which sold for $447,300, 59% above its $280,800 low estimate. It has not been traded before.

The outperformer sold for 1493% above its low estimate. Jean Baptiste Carpeaux, Jean-Léon Gérôme (1824-1904) (Undated), sold for $53,700 ($3,369 low estimate).

• 66 works, or 53%, sold above their high estimate.
• 58 works, or 47%, 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

57 works were bought-in, including: Ecole Caravagesque vers, The violin player (Undated), estimated at $224,600 (low) to $336,900 (high).

Withdrawn before the sale

1 work was withdrawn before the sale: Ecole Italienne De La Fin Du Xviiie Siècle - Début Du Xixe Siècle, Hercules killing the Lernaean Hydra and Hercules feeding Diomedes to his own mares (Undated), estimated at $168,500 (low) to $280,800 (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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.