Banksy Leads Christie's Online $2.03m 'Contemporary Edition: London' Auction

A work by Banksy was the headline sale at Christie's Online 'Contemporary Edition: London' auction on March 26.

• The sale totaled $2.03m, meeting the pre-sale estimate.

Snapshot of the sale

• 102 works sold totaling $2.03m.
• Estimates totaled: $1.69m (low) and $2.57m (high), excluding premiums.
• The sell-through rate was 81% of the original 126 lots announced.

The star lot was: Banksy, Girl with Balloon (2004), which sold for $302,900, 60% above its $189,100 low estimate.

The outperformer sold for 325% above its low estimate. Damien Hirst, Loyalty (2021), sold for $44,600 ($10,100 low estimate).

• 43 works, or 42%, sold above their high estimate.
• 41 works, or 40%, sold within their low and high estimate.
• 18 works, or 18%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

0 works were bought-in.

Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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