Rago Prints & Multiples Auction Totals $1.36m
3 min read · 15 Oct 2026
Phooey by Jean-Michel Basquiat sold for $108,800. Image courtesy of Rago
A work by Jean-Michel Basquiat was the headline sale at Rago 'Prints & Multiples' auction on October 14.
- The sale totaled $1.36m, meeting the pre-sale estimate.
Snapshot of the sale
- 189 works sold totaling $1.36m.
- Estimates totaled: $1.08m (low) and $1.61m (high), excluding premiums.
- The sell-through rate was 87% of the original 217 lots announced.
The star lot was: Jean-Michel Basquiat, Phooey (2021), which sold for $108,800, 81% above its $60,000 low estimate. It has not been traded before.
X Posters by Wade Guyton sold for $14,600 (387% above estimate). Image courtesy of Rago
The outperformer sold for 387% above its low estimate. Wade Guyton, X Posters (2013), sold for $14,600 ($3,000 low estimate). It has not been traded before.
- 72 works, or 38%, sold above their high estimate.
- 85 works, or 45%, sold within their low and high estimate.
- 32 works, or 17%, sold below their low estimate.
- 0 sold with undisclosed estimates.
Guaranteed sales
No sales had a guarantee.
Works that did not sell
26 works were bought-in, including: Joan Miro, Passage de L’Égyptienne (1985), estimated at $20,000 (low) to $30,000 (high). It has not been traded before.
Withdrawn before the sale
2 works were withdrawn before the sale, including: Lucio Fontana, Piramides (1967), estimated at $6,000 (low) to $8,000 (high).
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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.
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