3 min read · 18 Jul 2024
Tiger Resting by David Shepherd sold for $46,500. Image courtesy of Bonhams
A work by David Shepherd was the headline sale at Bonhams 'Modern British & Irish Art' auction on July 17 in London.
The star lot was: David Shepherd, Tiger Resting (Undated), which sold for $46,500, 102% above its $22,900 low estimate. It has been traded once in the past.
The outperformer sold for 421% above its low estimate. Robert Buhler R.A., Self-Portrait (Undated), sold for $5,320 ($1,020 low estimate).
Breakdown of results against auction house estimates that are disclosed
No sales had a guarantee.
65 works were bought-in, including: Patrick Hughes, Perplexivity (1998), estimated at $19,100 (low) to $25,500 (high). It has not been traded before.
0 works were withdrawn
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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.