Sotheby's 19th & 20th Century European Art Online Auction Totals $886,100

A work by Karoly Kernstock was the headline sale at Sotheby's '19th & 20th Century European Art Online' auction on February 6 in New York.

• The sale totaled $886,100, meeting the pre-sale estimate.

Snapshot of the sale

• 36 works sold totaling $886,100.
• Estimates totaled: $834,000 (low) and $1.25m (high), excluding premiums.
• The sell-through rate was 73% of the original 49 lots announced.

The star lot was: Karoly Kernstock, Kertben (In the Garden) (1906), which sold for $228,600, 662% above its $30,000 low estimate. It has been traded 3 times in the past.

The outperformer sold for 662% above its low estimate. Karoly Kernstock, Kertben (In the Garden) (1906), sold for $228,600 ($30,000 low estimate). It has been traded 3 times in the past.

• 9 works, or 25%, sold above their high estimate.
• 13 works, or 36%, sold within their low and high estimate.
• 14 works, or 39%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

12 works were bought-in, including: Charles Burton Barber, Once Bit, Twice Shy (1885), estimated at $30,000 (low) to $40,000 (high). It has been traded 4 times in the past.

Withdrawn before the sale

1 work was withdrawn before the sale: Circle of Thomas Cole, The Jumping-Off Place (a Double-Sided Work) (Undated) estimated at $15,000 (low) to $25,000 (high).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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.