Georges Rouault Leads Bonhams Skinner $308,900 'European Works of Art Online' Auction

A work by Georges Rouault was the headline sale at Bonhams Skinner 'European Works of Art Online' auction on May 28.

• The sale totaled $308,900, falling short of its pre-sale low estimate.

Snapshot of the sale

• 75 works sold totaling $308,900.
• Estimates totaled: $443,900 (low) and $716,900 (high), excluding premiums.
• The sell-through rate was 62% of the original 121 lots announced.

The star lot was: Georges Rouault, RIGOBERT (Undated), which sold for $28,200, 40% above its $20,000 low estimate. It has been traded 3 times in the past.

The outperformer sold for 305% above its low estimate. Olga Sacharoff, Figures in a Forest with a Dog (Undated), sold for $12,200 ($3,000 low estimate).

• 16 works, or 21%, sold above their high estimate.
• 30 works, or 40%, sold within their low and high estimate.
• 29 works, or 39%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

46 works were bought-in, including: Raffaello Sorbi, The Bocce Court (1893), estimated at $40,000 (low) to $60,000 (high). It has been traded twice 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Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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