Eastman Johnson Leads Bonhams $834,900 'American Art Online' Auction

A work by Eastman Johnson was the headline sale at Bonhams 'American Art Online' auction on August 8.

• The sale totaled $834,900, exceeding the pre-sale high estimate.

Snapshot of the sale

• 132 works sold totaling $834,900.
• Estimates totaled: $465,800 (low) and $705,900 (high), excluding premiums.
• The sell-through rate was 80% of the original 164 lots announced.

The star lot was: Eastman Johnson, Child and Lamb (1875), which sold for $108,500, 3515% above its $3,000 low estimate. It has been traded 4 times in the past.

The outperformer sold for 3515% above its low estimate. Eastman Johnson, Child and Lamb (1875), sold for $108,500 ($3,000 low estimate). It has been traded 4 times in the past.

• 56 works, or 42%, sold above their high estimate.
• 46 works, or 35%, sold within their low and high estimate.
• 30 works, or 23%, 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: Constantin Westchiloff, Surf on Cliffs (Undated), estimated at $6,000 (low) to $8,000 (high).

Withdrawn before the sale

1 work was withdrawn before the sale: Jules Olitski, Abstract (Undated) estimated at $1,500 (low) to $2,500 (high).

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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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