3 min read · 12 Oct 2024
Baigneuse by Pierre-Auguste Renoir sold for $696,700. Image courtesy of Bonhams
A work by Pierre-Auguste Renoir was the headline sale at Bonhams 'Impressionist & Modern Art' auction on October 11.
The star lot was: Pierre-Auguste Renoir, Baigneuse (1916), which sold for $696,700, 109% above its $332,100 low estimate. It has been traded 6 times in the past.
The outperformer sold for 401% above its low estimate. Albert Dubois-Pillet, Queen daisies in a pot on a windowsill (1885), sold for $133,100 ($26,600 low estimate). It has been traded 3 times in the past.
Breakdown of results against auction house estimates that are disclosed
No sales had a guarantee.
13 works were bought-in, including: Tsuguharu Foujita, Nu assis (1929), estimated at $664,200 (low) to $929,900 (high). It has been traded 3 times in the past.
1 work was withdrawn before the sale: Jean Pougny, Suprématisme (1916) estimated at $5,314 (low) to $7,970 (high).
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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.