Christie's Hiroshige: Alan Medaugh Collection Auction Totals $6.99m

A work by Utagawa Hiroshige I was the headline sale at Christie's 'Hiroshige: Colors of the Four Seasons | The Alan Medaugh Collection' auction on September 15 in New York.

• The sale totaled $6.99m, exceeding the pre-sale high estimate.

Snapshot of the sale

• 181 works sold totaling $6.99m.
• Estimates totaled: $1.51m (low) and $2.32m (high), excluding premiums.
• The sell-through rate was 100%, so a white-glove sale.

The star lot was: Utagawa Hiroshige I, Kameido ume yashiki (Plum estate, Kameido) (1857), which sold for $358,400, 497% above its $60,000 low estimate. It has been traded twice in the past.

The outperformer sold for 2140% above its low estimate. Utagawa Hiroshige I, Carp Ascending a Waterfall (1843), sold for $44,800 ($2,000 low estimate). It has been traded once in the past.

• 163 works, or 90%, sold above their high estimate.
• 16 works, or 9%, sold within their low and high estimate.
• 2 works, or 1%, 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Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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