Fabienne Verdier Leads Artcurial $2.46m 'Post-War & Contemporain' Auction in Paris

A work by Fabienne Verdier was the headline sale at Artcurial 'Post-War & Contemporain' auction on June 5 in Paris.

• The sale totaled $2.46m, meeting the pre-sale estimate.

Snapshot of the sale

• 118 works sold totaling $2.46m.
• Estimates totaled: $2.4m (low) and $3.52m (high), excluding premiums.
• The sell-through rate was 66% of the original 180 lots announced.

The star lot was: Fabienne Verdier, Ligne terrestre (2015), which sold for $121,200, 175% above its $43,200 low estimate. It has not been traded before.

The outperformer sold for 500% above its low estimate. Yolande Fievre, Gloria 2 - 1967 (1967), sold for $10,700 ($1,619 low estimate). It has not been traded before.

• 65 works, or 55%, sold above their high estimate.
• 53 works, or 45%, sold within their low and high estimate.
• 0 works, or 0%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

61 works were bought-in, including: Maria Helena Vieira da Silva, Irrésolutions résolues XXX - 1969 (1969), estimated at $54,000 (low) to $75,600 (high). It has not been traded before.

Withdrawn before the sale

1 work was withdrawn before the sale: Walasse Ting, *Do you like my green eyes? * (1979) estimated at $54,000 (low) to $75,600 (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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.