Carlos Alfonzo Leads Christie's Online $2.43m 'The Rosa de la Cruz Collection Online Sale'

A work by Carlos Alfonzo was the headline sale at Christie's Online 'The Rosa de la Cruz Collection Online Sale' on July 18.

• The sale totaled $2.43m, exceeding the pre-sale high estimate.

Snapshot of the sale

• 69 works sold totaling $2.43m.
• Estimates totaled: $1.15m (low) and $1.67m (high), excluding premiums.
• The sell-through rate was 100%, so a white-glove sale.

The star lot was: Carlos Alfonzo, Witness (1990), which sold for $189,000, 530% above its $30,000 low estimate. It has been traded once in the past.

The outperformer sold for 1916% above its low estimate. Patricia Ayres, 13-1-24-9-13-9-12-9-1-14-11-15-12-2-5 (2022), sold for $20,200 ($1,000 low estimate). It has been traded once in the past.

• 45 works, or 65%, sold above their high estimate.
• 10 works, or 14%, sold within their low and high estimate.
• 14 works, or 20%, 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Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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