3 min read · 28 Jun 2024
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 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
No sales had a guarantee.
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.
0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.