Christian Marclay Leads Sotheby's, Online $2.18m 'Art House: The Collection of Chara Schreyer' Auction

A work by Christian Marclay was the headline sale at Sotheby's, Online 'Art House: The Collection of Chara Schreyer ' on February 29 .

• The sale totaled $2.18m, meeting the pre-sale estimate.

Snapshot of the sale

• 157 works sold totaling $2.18m.
• Estimates totaled: $2.03m (low) and $2.94m (high), excluding premiums.
• The sell-through rate was 88% of the original 178 lots announced.

The star lot was: Christian Marclay, Stool (1992), which sold for $101,600, 225% above its $30,000 low estimate. It has been traded 4 times in the past.

The outperformer sold for 700% above its low estimate. Cady Noland, Not Yet Titled (for Parkett 46) (1996), sold for $50,800 ($6,000 low estimate). It has been traded once in the past.

• 50 works, or 32%, sold above their high estimate.
• 47 works, or 30%, sold within their low and high estimate.
• 60 works, or 38%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

21 works were bought-in, including: Jeff Koons, Inflatable Flower (Pink) (2000), estimated at $60,000 (low) to $80,000 (high). It has been traded once 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Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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