George Condo Leads Sotheby's The Now $18.94m Sale

**Discover key data points, top sellers and talking points at Sotheby's The Now Evening Auction on October 12. **

All sales results are hammer prices plus premiums.

Auction breakdown

• The sale totalled: $18.94m.
• Pre-sale estimates (excluding premiums): $15.08m (low) and $21.52m (high).
• The sell-through rate was 91% of the 22 lots announced before the sale.
• 20 works sold in the auction.

The top lot by value was: George Condo, Multicolored Female Composition (2016), which sold for $3.66m, 49% above estimate. It has been traded once in the past.

The top lot above its low estimate was: - Mohammed Sami, Poor Folk I (2019), which sold for $682,500, 800% above estimate. It has not been traded before.

10 works, or 45%, of works sold above their high estimate.

10 works, or 45%, sold within their estimate.

0 works sold below their low estimate.

Guarantees

Guaranteed works included: George Condo, Multicolored Female Composition (2016).

Guaranteed works had a total estimate of $6.79m.

Bought-in

Works bought-in included: Jordan Casteel, Jonathan (2014) estimated at $366,400 (low) to $488,600 (high). It has been traded twice in the past.

Withdrawn

Peter Doig, By a River (2003), $3.6m (low) to $4.9m (high) estimate. It has been traded 2 times in the past.

Talking point

Lynette Yiadom-Boakye, Six Birds in the Bush (2015), which sold for $3.6m, 146% above its estimate. It has been traded once in the past.

Auction jargon

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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.