Calder Leads Christie's $663,000 'Works from the Mougins Museum' Online Auction
3 min read · 11 Dec 2024
Four Pyramids and Sun by Sandy Calder sold for $112,400. Image courtesy of Christie's Online
A work by Sandy Calder was the headline sale at Christie's 'Works of Art from the Mougins Museum of Classical Art' online auction on December 10.
- The sale of works consigned by Christian Levett totaled $662,900 (GBP520,300), meeting the pre-sale estimate.
Snapshot of the sale
- 61 works sold totaling $662,900.
- Estimates totaled: $579,500 (low) and $845,100 (high), excluding premiums.
- The sell-through rate was 92% of the original 66 lots announced.
The star lot was: Sandy Calder, Four Pyramids and Sun (1973), which sold for $112,400, 116% above its $51,900 low estimate. It has been traded 7 times in the past.
The outperformer sold for 457% above its low estimate. Lorenzo Roccheggiani, Seventeen Plates, with fourteen other plates (Undated), sold for $7,225 ($1,296 low estimate). The group has not been traded before.
Breakdown of results against auction house estimates that are disclosed
- 28 works, or 46%, sold above their high estimate.
- 15 works, or 25%, sold within their low and high estimate.
- 18 works, or 30%, sold below their low estimate.
- 0 sold with undisclosed estimates.
Guaranteed sales
No sales had a guarantee.
Works that did not sell
5 works were bought-in, including: Arman, Untitled (2002), estimated at $38,900 (low) to $51,900 (high). It has been traded twice 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Withdrawn before the sale
0 works were withdrawn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. 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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.