3 min read · 09 Oct 2024
DIVAN JAPONAIS by Henri de Toulouse-Lautrec sold for $12,000. Image courtesy of Bonhams Cornette de Saint Cyr
A work by Henri de Toulouse-Lautrec was the headline sale at Bonhams Cornette de Saint Cyr 'Posters Online' auction on October 8.
The star lot was: Henri de Toulouse-Lautrec, DIVAN JAPONAIS (1893), which sold for $12,000, 80% above its $6,623 low estimate.
The outperformer sold for 167% above its low estimate. Alo, CIDNA (Undated), sold for $5,905 ($2,208 low estimate).
Breakdown of results against auction house estimates that are disclosed
No sales had a guarantee.
104 works were bought-in, including: Henri de Toulouse-Lautrec, REINE DE JOIE (1892), estimated at $33,100 (low) to $44,200 (high).
0 works were withdrawn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. Estimates, sale prices and totals are converted into US dollars. 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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.