Bonhams Diane Keaton: At Home with Diane Auction Totals $1.4m

A work by William Ritschel was the headline sale at Bonhams 'Diane Keaton: At Home with Diane' auction on May 4-June 10 in Los Angeles.

• The sale totaled $1.4m, exceeding the pre-sale high estimate.

Snapshot of the sale

• 267 works sold totaling $1.4m.
• Estimates totaled: $185,900 (low) and $279,300 (high), excluding premiums.
• The sell-through rate was 100%, so a white-glove sale.

The star lot was: William Ritschel, Desert Wanderer, Navajo (1912), which sold for $48,600, 508% above its $8,000 low estimate. It has been traded 3 times in the past.

The outperformer sold for 5020% above its low estimate. Robert Rauschenberg, At Leo's (Exhibition Poster) (1980), sold for $10,200 ($200 low estimate).

• 261 works, or 98%, sold above their high estimate.
• 5 works, or 2%, sold within their low and high estimate.
• 1 works, or 0%, 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Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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