Kamila Mierzwinska Leads Bonhams $664,300 'Modern & Contemporary Art Online' Auction

A work by Kamila Mierzwinska was the headline sale at Bonhams 'Modern & Contemporary Art Online' auction on June 18.

• The sale totaled $664,300 (GBP493,400), meeting the pre-sale estimate.

Snapshot of the sale

• 63 works sold totaling $664,300.
• Estimates totaled: $505,300 (low) and $749,700 (high), excluding premiums.
• The sell-through rate was 68% of the original 92 lots announced.

The star lot was: Kamila Mierzwinska, Untitled (2023), which sold for $68,900, 1606% above its $4,040 low estimate. It has not been traded before.

The outperformer sold for 1606% above its low estimate. Kamila Mierzwinska, Untitled (2023), sold for $68,900 ($4,040 low estimate). It has not been traded before.

• 25 works, or 40%, sold above their high estimate.
• 29 works, or 46%, sold within their low and high estimate.
• 9 works, or 14%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

24 works were bought-in, including: Jill Mulleady, Abracadabra (2017), estimated at $20,200 (low) to $26,900 (high). It has been traded once in the past.

Withdrawn before the sale

5 works were withdrawn before the sale, including: Fernand Leger, Composition (study for a ceramic) (1950) estimated at $6,734 (low) to $9,427 (high).

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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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