Edouard Vuillard Leads Bonhams $1.66m 'Impressionist & Modern' Auction in New York

A work by Edouard Vuillard was the headline sale at Bonhams 'Impressionist & Modern Art' auction on November 21 in New York.

• The sale totaled $1.66m, falling short of its pre-sale low estimate.

Snapshot of the sale

• 38 works sold totaling $1.66m.
• Estimates totaled: $1.78m (low) and $2.62m (high), excluding premiums.
• The sell-through rate was 68% of the original 56 lots announced.

The star lot was: Edouard Vuillard, Madame Vuillard en peignoir rouge (1911), which sold for $152,900, 27% above its $120,000 low estimate. It has been traded twice in the past.

The outperformer sold for 433% above its low estimate. Andre Derain, Vase de fleurs (1936), sold for $32,000 ($6,000 low estimate). It has been traded 4 times in the past.

• 13 works, or 34%, sold above their high estimate.
• 22 works, or 58%, sold within their low and high estimate.
• 3 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

18 works were bought-in, including: Balthus, Jeune fille à sa toilette (1948), estimated at $200,000 (low) to $300,000 (high). It has been traded 9 times 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Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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