Jack Garofalo Leads Artcurial $260,200 'Paris Match: 75 ans d’Histoire du Monde' Auction in Paris
3 min read · 06 Nov 2024
Jacques Chirac, dans l’avion pour la Nouvelle-Calédonie by Jack Garofalo sold for $17,700. Image courtesy of Artcurial
A work by Jack Garofalo was the headline sale at Artcurial 'Paris Match: 75 ans d’Histoire du Monde' auction on November 8 in Paris.
- The sale totaled $260,200 (EUR241,400), exceeding the pre-sale high estimate.
Snapshot of the sale
- 58 works sold totaling $260,200.
- Estimates totaled: $176,200 (low) and $243,500 (high), excluding premiums.
- The sell-through rate was 72% of the original 80 lots announced.
The star lot was: Jack Garofalo, Jacques Chirac, dans l’avion pour la Nouvelle-Calédonie (1987), which sold for $17,700, 240% above its $5,189 low estimate. It has not been traded before.
The outperformer sold for 350% above its low estimate. Walter Carone / Jean-Claude Sauer, John Fitzgerald Kennedy (1961), sold for $8,768 ($1,946 low estimate). It has not been traded before.
Breakdown of results against auction house estimates that are disclosed
- 36 works, or 62%, sold above their high estimate.
- 22 works, or 38%, 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
22 works were bought-in, including: Michou Simon, Françoise Sagan, France (1956), estimated at $4,540 (low) to $5,621 (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Withdrawn before the sale
0 works were withdrawn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. 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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.