Christie's The Vicente Wolf Photography Collection Auction Totals $1.39m

A work by Alexander Rodchenko & Varvara Stepanova was the headline sale at Christie's 'The Vicente Wolf Photography Collection' auction on October 22 in New York.

• The sale totaled $1.39m, meeting the pre-sale estimate.

Snapshot of the sale

• 34 works sold totaling $1.39m.
• Estimates totaled: $1.15m (low) and $1.65m (high), excluding premiums.
• The sell-through rate was 68% of the original 50 lots announced.

The star lot was: Alexander Rodchenko & Varvara Stepanova, 'Bud Gotov' (1934), which sold for $230,400, 15% above its $200,000 low estimate. It has been traded twice in the past.

The outperformer sold for 198% above its low estimate. Constantin Brancusi, Study of Danaïde of 1913 (Undated), sold for $179,200 ($60,000 low estimate). It has been traded 4 times in the past.

• 12 works, or 35%, sold above their high estimate.
• 15 works, or 44%, sold within their low and high estimate.
• 7 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

16 works were bought-in, including: Eugene Atget, La Villette, rue Asselin, prostitute working the night shift in front of her door, 19th arrondissement (1921), estimated at $80,000 (low) to $120,000 (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Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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