3 min read · 06 Nov 2024
Autumn in the Tverskoy Region by Konstantin Alexeevich Korovin sold for $175,500. Image courtesy of Bonhams Cornette de Saint Cyr
A work by Konstantin Alexeevich Korovin was the headline sale at Bonhams Cornette de Saint Cyr '19th Century & Orientalist Paintings' auction on November 13 in Paris.
The star lot was: Konstantin Alexeevich Korovin, Autumn in the Tverskoy Region (Undated), which sold for $175,500, 1523% above its $10,800 low estimate. It has not been traded before.
The outperformer sold for 1523% above its low estimate. Konstantin Alexeevich Korovin, Autumn in the Tverskoy Region (Undated), sold for $175,500 ($10,800 low estimate). It has not been traded before.
Breakdown of results against auction house estimates that are disclosed
No sales had a guarantee.
56 works were bought-in, including: Pietro Lucchini, The wounded crusader Tancred is found by Erminia during the battle (Undated), estimated at $64,900 (low) to $75,700 (high). It has not been traded before.
2 works were withdrawn before the sale, including: Fernando Amorsolo, The Rest of the Siege (1949) estimated at $43,200 (low) to $64,900 (high).
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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.