3 min read · 27 Jun 2024
Clown à la corbeille by Marc Chagall sold for $287,500. Image courtesy of Christie's Online
Christie's Online 'Marc Chagall – a Dialogue of Self and Soul: Works Formerly from the Artist’s Estate' auction on June 26 saw 100% of lots exceeding their low estimate.
The star lot was: Marc Chagall, Clown à la corbeille (1937), which sold for $287,500, 275% above its $76,400 low estimate. It has not been traded before.
The outperformer sold for 1000% above its low estimate. Marc Chagall, Etude pour 'A ma femme' (recto); Etude pour 'Le samovar' (verso) (1943), sold for $44,700 ($3,821 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0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.