Christie's Japanese Art Online Auction Totals $942,600

A work by Hiroshi Yoshida was the headline sale at Christie's 'Japanese Art Online' auction on September 9-23 in New York.

• The sale totaled $942,600, exceeding the pre-sale high estimate.

Snapshot of the sale

• 185 works sold totaling $942,600.
• Estimates totaled: $469,300 (low) and $723,700 (high), excluding premiums.
• The sell-through rate was 86% of the original 215 lots announced.

The star lot was: Hiroshi Yoshida, Hansen (Sailing boat) (1926), which sold for $76,800, 92% above its $40,000 low estimate.

The outperformer sold for 3228% above its low estimate. Kawase Hasui, A group of three rain prints (1946), sold for $3,328 ($100 low estimate).

• 129 works, or 70%, sold above their high estimate.
• 43 works, or 23%, sold within their low and high estimate.
• 13 works, or 7%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

30 works were bought-in, including: Kishi Ganku, Peacocks (1788), estimated at $10,000 (low) to $20,000 (high). It has not been traded before.

Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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