Jacques Chalom des Cordes Leads Bonhams Cornette de Saint Cyr $371,500 'Impressionist & Modern Art Online' Auction

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 sale totaled $371,500 (EUR333,700), meeting the pre-sale estimate.

Snapshot of the sale

• 33 works sold totaling $371,500.
• Estimates totaled: $274,000 (low) and $383,000 (high), excluding premiums.
• The sell-through rate was 70% of the original 47 lots announced.

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.

• 22 works, or 67%, sold above their high estimate.
• 7 works, or 21%, sold within their low and high estimate.
• 4 works, or 12%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

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.

Withdrawn before the sale

1 work was withdrawn before the sale: Andre Masson, Diane Chasseresse (1960) estimated at $1,115 (low) to $1,673 (high).

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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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