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Futura 2000 Leads Christie's Online $2.03m '20th/21st Century: Amsterdam' Auction

3 min read  ·  24 Apr 2024

Indian Summer by Futura 2000 sold for $114,000.
Image courtesy of Christie's Online

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 sale totaled $2.03m, meeting the pre-sale estimate.

Snapshot of the sale

  • 135 works sold totaling $2.03m.
  • Estimates totaled: $1.58m (low) and $2.32m (high), excluding premiums.
  • The sell-through rate was 81% of the original 166 lots announced.

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

Breakdown of results against auction house estimates that are disclosed

  • 50 works, or 37%, sold above their high estimate.
  • 39 works, or 29%, sold within their low and high estimate.
  • 46 works, or 34%, sold below their low estimate.
  • 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

0 works were bought-in.

Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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