3 min read · 24 Apr 2024
Indian Summer by Futura 2000 sold for $114,000. Image courtesy of Christie's Online
A work by Futura 2000 was the headline sale at Christie's Online '20th/21st Century: Amsterdam' auction on April 23.
The star lot was: Futura 2000, Indian Summer (1982), which sold for $114,000, 150% above its $43,400 low estimate. It has been traded once in the past.
The outperformer sold for 1300% above its low estimate. Sofu Teshigahara, Composition (1968), sold for $32,200 ($2,171 low estimate). It has been traded 3 times in the past.
Breakdown of results against auction house estimates that are disclosed
No sales had a guarantee.
0 works were bought-in.
0 works were withdrawn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. 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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.