3 min read · 15 Nov 2024
Le Mans 84 by Keith Haring sold for $10,800. Image courtesy of Bonhams Cornette de Saint Cyr
A work by Keith Haring was the headline sale at Bonhams Cornette de Saint Cyr 'Prints & Multiples Online' auction on November 14.
The star lot was: Keith Haring, Le Mans 84 (1984), which sold for $10,800, 100% above its $5,390 low estimate.
The outperformer sold for 2906% above its low estimate. Joan Miro, Composition (1961), sold for $8,104 ($270 low estimate).
Breakdown of results against auction house estimates that are disclosed
No sales had a guarantee.
52 works were bought-in, including: Silvestre Péjac, New Wave (2022), estimated at $6,468 (low) to $8,624 (high).
1 work was withdrawn before the sale: After Andy Warhol, Marilyn Monroe (10 silkscreens) (1972) estimated at $1,617 (low) to $2,695 (high).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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.