Artcurial Prints & Multiples Online Auction Totals $197,000

A work by After Pablo Picasso was the headline sale at Artcurial 'Prints & Multiples Online' auction on March 12-20 in Paris.

• The sale totaled $197,000 (EUR171,500), meeting the pre-sale estimate.

Snapshot of the sale

• 104 works sold totaling $197,000.
• Estimates totaled: $178,800 (low) and $258,400 (high), excluding premiums.
• The sell-through rate was 62% of the original 167 lots announced.

The star lot was: After Pablo Picasso, Owl with Feathers (1951), which sold for $13,700, 497% above its $2,290 low estimate.

The outperformer sold for 909% above its low estimate. Serge Poliakoff, Brown and Orange Composition (1961), sold for $5,780 ($572 low estimate).

• 37 works, or 36%, sold above their high estimate.
• 62 works, or 60%, sold within their low and high estimate.
• 5 works, or 5%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

63 works were bought-in, including: Tsuguharu Foujita, Sleeping Cat - From "The Cats" (1929), estimated at $4,579 (low) to $6,869 (high).

Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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