3 min read · 19 Jul 2024
Witness by Carlos Alfonzo sold for $189,000. Image courtesy of Christie's Online
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 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.
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0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.