Rago Photographs Unlimited Auction Totals $104,000

A work by Terry O'Neill was the headline sale at Rago 'Photographs Unlimited' auction on June 26.

• The sale totaled $104,000, meeting the pre-sale estimate.

Snapshot of the sale

• 143 works sold totaling $104,000.
• Estimates totaled: $87,600 (low) and $127,000 (high), excluding premiums.
• The sell-through rate was 91% of the original 157 lots announced.

The star lot was: Terry O'Neill, Audrey Hepburn in Pool (1966) (Undated), which sold for $5,376, 437% above its $1,000 low estimate.

The outperformer sold for 668% above its low estimate. Martine Gutierrez, Masking, Egg Mask, p56 (from the Indigenous Woman series) (2018), sold for $5,376 ($700 low estimate). It has not been traded before.

• 48 works, or 34%, sold above their high estimate.
• 23 works, or 16%, sold within their low and high estimate.
• 72 works, or 50%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

14 works were bought-in, including: Dieter Appelt, I don't want to elevate myself above the trees (Variant) (1977), estimated at $2,000 (low) to $3,000 (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Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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