Tsuguharu Foujita Leads Bonhams Cornette de Saint Cyr $210,800 'Impressionist & Modern Art online' Auction

A work by Tsuguharu Foujita was the headline sale at Bonhams Cornette de Saint Cyr 'Impressionist & Modern Art online' auction on March 27.

• The sale totaled $210,800 (EUR195,900), meeting the pre-sale estimate.

Snapshot of the sale

• 26 works sold totaling $210,800.
• Estimates totaled: $156,300 (low) and $233,800 (high), excluding premiums.
• The sell-through rate was 70% of the original 37 lots announced.

The star lot was: Tsuguharu Foujita, Portrait of a Woman (1928), which sold for $44,100, 35% above its $32,600 low estimate. It has been traded once in the past.

The outperformer sold for 723% above its low estimate. Antoine Poncet, Lakeside Fugue (1985), sold for $17,900 ($2,176 low estimate). It has been traded twice in the past.

• 13 works, or 50%, sold above their high estimate.
• 11 works, or 42%, sold within their low and high estimate.
• 2 works, or 8%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

11 works were bought-in, including: Aristide Maillol, After the Bath, Study for the Monument to Cézanne (1912), estimated at $8,702 (low) to $13,100 (high). It has been traded once in the past.

Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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