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Mohammed Sami Leads Bonhams $655,600 'Post- War & Contemporary Art Online' Auction

3 min read  ·  28 Jun 2024

During the Journey by Mohammed Sami sold for $241,400.
Image courtesy of Bonhams

During the Journey by Mohammed Sami sold for $241,400. Image courtesy of Bonhams

A work by Mohammed Sami was the headline sale at Bonhams 'Post- War & Contemporary Art Online' auction on June 27.

  • The sale totaled $655,600, falling short of its pre-sale low estimate.

Snapshot of the sale

  • 28 works sold totaling $655,600.
  • Estimates totaled: $785,400 (low) and $1.2m (high), excluding premiums.
  • The sell-through rate was 45% of the original 62 lots announced.

The star lot was: Mohammed Sami, During the Journey (2015), which sold for $241,400, 125% above its $101,100 low estimate. It has not been traded before.

The outperformer sold for 600% above its low estimate. Eva Aeppli, Céline (1971), sold for $29,100 ($3,793 low estimate). It has been traded twice in the past.

Breakdown of results against auction house estimates that are disclosed

Breakdown of results against auction house estimates that are disclosed

  • 12 works, or 43%, sold above their high estimate.
  • 16 works, or 57%, sold within their low and high estimate.
  • 0 works, or 0%, sold below their low estimate.
  • 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

34 works were bought-in, including: Os Gemeos, Untitled (2012), estimated at $88,500 (low) to $126,400 (high). It has been traded twice in the past.

Withdrawn before the sale

0 works were withdrawn

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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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