Rembrandt Leads Bonhams Skinner $340,100 'Prints & Photographs' Auction
3 min read · 24 Sep 2024
Christ Preaching (La Petite Tombe) by Rembrandt sold for $28,200. Image courtesy of Bonhams Skinner
A work by Rembrandt was the headline sale at Bonhams Skinner 'Prints & Photographs' auction on September 19.
- The sale totaled $340,100, meeting the pre-sale estimate.
Snapshot of the sale
- 155 works sold totaling $340,100.
- Estimates totaled: $337,000 (low) and $502,700 (high), excluding premiums.
- The sell-through rate was 81% of the original 192 lots announced.
The star lot was: Rembrandt, Christ Preaching (La Petite Tombe) (1652), which sold for $28,200, 838% above its $3,000 low estimate.
The outperformer sold for 1286% above its low estimate. George Forss, Statue of Liberty, NY Harbor, 1978 (1985), sold for $8,320 ($600 low estimate).
Breakdown of results against auction house estimates that are disclosed
- 49 works, or 32%, sold above their high estimate.
- 48 works, or 31%, sold within their low and high estimate.
- 58 works, or 37%, sold below their low estimate.
- 0 sold with undisclosed estimates.
Guaranteed sales
No sales had a guarantee.
Works that did not sell
35 works were bought-in, including: Harry Callahan, Eleanor, Chicago, 1948 (1948), estimated at $4,000 (low) to $6,000 (high).
Withdrawn before the sale
2 works were withdrawn before the sale, including: Andy Warhol, Liz (1964) estimated at $30,000 (low) to $50,000 (high).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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.