Phillips Editions & Works on Paper: No Reserve Online Auction Totals $210,900

A work by Andy Warhol was the headline sale at Phillips 'Editions & Works on Paper: No Reserve Online Auction' on October 20-28 in New York.

• The sale totaled $210,900, exceeding the pre-sale high estimate.

Snapshot of the sale

• 109 works sold totaling $210,900.
• Estimates totaled: $122,500 (low) and $198,500 (high), excluding premiums.
• The sell-through rate was 99% of the original 110 lots announced.

The star lot was: Andy Warhol, Lion (1975), which sold for $7,740, 416% above its $1,500 low estimate.

The outperformer sold for 932% above its low estimate. Betty Tompkins, Women Words #26 (Robert Frank) (2017), sold for $4,128 ($400 low estimate). It has not been traded before.

• 45 works, or 41%, sold above their high estimate.
• 34 works, or 31%, sold within their low and high estimate.
• 30 works, or 28%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

1 work was bought-in: William Powhida, Unconscious Collaboration (number 1) (2008), estimated at $600 (low) to $900 (high).

Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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