3 min read · 07 Jun 2024
Sans titre by Henri Michaux sold for $11,000. Image courtesy of Christie's Online
A work by Henri Michaux was the headline sale at Christie's Online 'Henri Michaux dans la Collection Renault' auction on June 7.
The star lot was: Henri Michaux, Sans titre (1981), which sold for $11,000, 100% above its $5,398 low estimate. It has not been traded before.
The outperformer sold for 175% above its low estimate. Henri Michaux, Sans titre (1983), sold for $8,920 ($3,239 low estimate). It has not been traded before.
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0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.