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Salvador Dali Leads Bonhams Cornette de Saint Cyr $154,900 'Prints & Multiples Online' Auction

3 min read  ·  10 Jul 2024

Gala dinners by Salvador Dali sold for $9,004.
Image courtesy of Bonhams Cornette de Saint Cyr

Gala dinners by Salvador Dali sold for $9,004. Image courtesy of Bonhams Cornette de Saint Cyr

A work by Salvador Dali was the headline sale at Bonhams Cornette de Saint Cyr 'Prints & Multiples Online' auction on July 8.

  • The sale totaled $154,900, falling short of its pre-sale low estimate.

Snapshot of the sale

  • 121 works sold totaling $154,900.
  • Estimates totaled: $189,600 (low) and $265,700 (high), excluding premiums.
  • The sell-through rate was 72% of the original 167 lots announced.

The star lot was: Salvador Dali, Gala dinners (1971), which sold for $9,004, 66% above its $5,396 low estimate.

The outperformer sold for 800% above its low estimate. Salvador Dali, Peace Mountain. From the sequel "Poems of Mao Tse Tong" (1967), sold for $3,048 ($324 low estimate).

Breakdown of results against auction house estimates that are disclosed

Breakdown of results against auction house estimates that are disclosed

  • 49 works, or 40%, sold above their high estimate.
  • 52 works, or 43%, sold within their low and high estimate.
  • 20 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

46 works were bought-in, including: Jeff Koons, Balloon dog (Blue) (2021), estimated at $21,600 (low) to $32,400 (high). It has not been traded before.

Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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