Eyvind Earle Leads Bonhams $201,400 'California & Western Art Online' Auction

A work by Eyvind Earle was the headline sale at Bonhams 'California & Western Art Online' auction on August 9.

• The sale totaled $201,400, falling short of its pre-sale low estimate.

Snapshot of the sale

• 95 works sold totaling $201,400.
• Estimates totaled: $228,500 (low) and $371,100 (high), excluding premiums.
• The sell-through rate was 58% of the original 163 lots announced.

The star lot was: Eyvind Earle, Santa Ynez California Hillside (1969), which sold for $12,800, 326% above its $3,000 low estimate. It has been traded twice in the past.

The outperformer sold for 508% above its low estimate. Peter Woytuk, *The Elephant Group * (Undated), sold for $12,200 ($2,000 low estimate). It has not been traded before.

• 23 works, or 24%, sold above their high estimate.
• 39 works, or 41%, sold within their low and high estimate.
• 33 works, or 35%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

68 works were bought-in, including: Gilbert Munger, Mount Shasta (with Indians and Encampment) (Undated), estimated at $4,000 (low) to $6,000 (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Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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