Christie's 20th/21st Century Art Evening Sale Totals $47.81m

A work by Claude Lalanne was the headline sale at Christie's '20th/21st Century Art - Evening Sale' on April 15 in Paris.

• The sale totaled $47.81m (EUR40.65m), meeting the pre-sale estimate.

Snapshot of the sale

• 47 works sold totaling $47.81m.
• Estimates totaled: $34.89m (low) and $50.3m (high), excluding premiums.
• The sell-through rate was 92% of the original 51 lots announced.

The star lot was: Claude Lalanne, 'New York Apple' (2008), which sold for $7.1m, 22% above its $5.78m low estimate. It has been traded once in the past.

The outperformer sold for 481% above its low estimate. Claude Lalanne, Pair of doors, special commission for the retrospective exhibition 'Les Lalanne', Musée des Arts Décoratifs, Paris, 2010 (2010), sold for $1.34m ($231,300 low estimate). It has not been traded before.

• 22 works, or 47%, sold above their high estimate.
• 20 works, or 43%, sold within their low and high estimate.
• 5 works, or 11%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

5 works were backed by guarantees, including: Maurice de Vlaminck, Woman with a Hat (1906). It sold for $6.53m, 12% above its $5.78m low estimate.. It has been traded twice in the past.

Works that did not sell

3 works were bought-in, including: Berthe Morisot, Young Girl Leaning on Her Elbow (1887), estimated at $809,700 (low) to $1.16m (high). It has been traded 3 times in the past.

Withdrawn before the sale

1 work was withdrawn before the sale: Marc Chagall, The Eiffel Tower (1910), estimated at $578,300 (low) to $925,300 (high).

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. Estimates, sale prices and totals are converted into US dollars. 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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.