Sotheby's Master Paintings & Sculpture from Four Millennia Part II Auction Totals $7.09m

A work by Antwerp School, 17th Century was the headline sale at Sotheby's 'Master Paintings & Sculpture from Four Millennia Part II' auction on February 6 in New York.

• The sale totaled $7.09m, exceeding the pre-sale high estimate.

Snapshot of the sale

• 169 works sold totaling $7.09m.
• Estimates totaled: $4.34m (low) and $6.35m (high), excluding premiums.
• The sell-through rate was 86% of the original 196 lots announced.

The star lot was: Antwerp School, 17th Century, Family Portrait, Possibly of Andres Dias, Margarethe Essers, and Their Three Children, at a Dinner Table (Undated), which sold for $279,400, 86% above its $150,000 low estimate. It has been traded 3 times in the past.

The outperformer sold for 2712% above its low estimate. Italian 16Th Century, Kneeling Angel (Undated), sold for $196,800 ($7,000 low estimate).

• 92 works, or 54%, sold above their high estimate.
• 48 works, or 28%, sold within their low and high estimate.
• 29 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

27 works were bought-in, including: Bernardo Strozzi, Saint Jerome Meditating over the Bible (Undated), estimated at $120,000 (low) to $180,000 (high). It has been traded once in the past.

Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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