JACK BUTLER YEATS Leads Christie's $7.59m 'The Private Collection of Mary and Alan Hobart - Pioneers of Modern British and Irish Art' Auction in London
3 min read · 06 Nov 2024
O'Connell Bridge by JACK BUTLER YEATS sold for $1.12m. Image courtesy of Christie's
A work by JACK BUTLER YEATS was the headline sale at Christie's 'The Private Collection of Mary and Alan Hobart - Pioneers of Modern British and Irish Art' auction on November 19 in London.
- The sale totaled $7.59m (GBP5.99m), exceeding the pre-sale high estimate.
Snapshot of the sale
- 189 works sold totaling $7.59m.
- Estimates totaled: $4.04m (low) and $6.1m (high), excluding premiums.
- The sell-through rate was 95% of the original 198 lots announced.
The star lot was: JACK BUTLER YEATS, O'Connell Bridge (1925), which sold for $1.12m, 113% above its $522,600 low estimate. It has been traded once in the past.
The outperformer sold for 2344% above its low estimate. Stephen Ward, Portrait of Christine Keeler (1962), sold for $25,500 ($1,045 low estimate).
Breakdown of results against auction house estimates that are disclosed
- 110 works, or 58%, sold above their high estimate.
- 40 works, or 21%, sold within their low and high estimate.
- 39 works, or 21%, sold below their low estimate.
- 0 sold with undisclosed estimates.
Guaranteed sales
No sales had a guarantee.
Works that did not sell
9 works were bought-in, including: Sean Scully, 2.25.97 (1997), estimated at $65,300 (low) to $104,500 (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Withdrawn before the sale
0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.