3 min read · 29 Feb 2024
Peter at my loft, NYC by Bruce Weber sold for $32,800. Image courtesy of Christie's Online
A work by Bruce Weber was the headline sale at Christie's Online 'The Collection of Sir Elton John: Love, Lust and Devotion' auction on February 28 in None.
The star lot was: Bruce Weber, *Peter at my loft, NYC * (1997), which sold for $32,800, 1500% above its $2,000 low estimate. It has been traded once in the past.
The outperformer sold for 1500% above its low estimate. Bruce Weber, Rick Arango, Point Conception, Santa Barbara, California (1987), sold for $16,400 ($1,000 low estimate).
Breakdown of results against auction house estimates that are disclosed
No sales had a guarantee.
0 works were bought-in.
0 works were withdrawn
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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.