Cornelis van Haarlem Leads Sotheby's $2.82m 'The Estate of Jimmy Younger' Auction in New York
3 min read · 02 Feb 2024
Studies of a Reclining Woman and Two Seated Couples by Cornelis van Haarlem sold for $635,000. Image courtesy of Sotheby's
A work by Cornelis van Haarlem was the headline sale at Sotheby's 'The Estate of Jimmy Younger' auction on January 31 in New York.
- The sale totaled $2.82m, falling short of its pre-sale low estimate.
Snapshot of the sale
- 36 works sold totaling $2.82m.
- Estimates totaled: $5.48m (low) and $8.15m (high), excluding premiums.
- The sell-through rate was 54% of the original 67 lots announced.
The star lot was: Cornelis van Haarlem, Studies of a Reclining Woman and Two Seated Couples (Undated), which sold for $635,000, 81% above its $350,000 low estimate. It has been traded 4 times in the past.
The outperformer sold for 600% above its low estimate. Antoine Vollon, Still Life of Books with a Pen and Ink Well (Undated), sold for $57,100 ($8,000 low estimate). It has been traded 3 times in the past.
Breakdown of results against auction house estimates that are disclosed
- 14 works, or 39%, sold above their high estimate.
- 11 works, or 31%, sold within their low and high estimate.
- 11 works, or 31%, sold below their low estimate.
- 0 sold with undisclosed estimates.
Guaranteed sales
No sales had a guarantee.
Works that did not sell
31 works were bought-in, including: Jacopo Da Ponte, Saint John the Baptist in the Wilderness (Undated), estimated at $400,000 (low) to $600,000 (high). It has been traded 5 times 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Withdrawn before the sale
0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.
