3 min read · 02 Oct 2024
Horse's head by Jacques Chalom des Cordes sold for $57,000. Image courtesy of Bonhams Cornette de Saint Cyr
A work by Jacques Chalom des Cordes was the headline sale at Bonhams Cornette de Saint Cyr 'Impressionist & Modern Art Online' auction on October 1.
The star lot was: Jacques Chalom des Cordes, Horse's head (Undated), which sold for $57,000, 26% below its $78,100 low estimate. It has been traded once in the past.
The outperformer sold for 922% above its low estimate. Armand Guillaumin, Quais de la Seine (1886), sold for $22,800 ($2,231 low estimate). It has been traded twice in the past.
Breakdown of results against auction house estimates that are disclosed
No sales had a guarantee.
13 works were bought-in, including: Julio Gonzalez, Woman holding a baby (1906), estimated at $11,200 (low) to $16,700 (high). It has been traded once in the past.
1 work was withdrawn before the sale: Andre Masson, Diane Chasseresse (1960) estimated at $1,115 (low) to $1,673 (high).
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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.