Sotheby's David Hockney 20 Flowers Sale Totals $1.13m

A work by David Hockney was the headline sale at Sotheby's 'The David Hockney Sale: 20 Flowers from Normandy' on October 16 in London.

• The sale totaled $1.13m (GBP853,800), exceeding the pre-sale high estimate.

Snapshot of the sale

• 20 works sold totaling $1.13m.
• Estimates totaled: $662,100 (low) and $926,900 (high), excluding premiums.
• The sell-through rate was 100%, so a white-glove sale.

The star lot was: David Hockney, 13th February 2021, Flowers in a Glass Vase (2021), which sold for $64,400, 94% above its $33,100 low estimate.

The outperformer sold for 94% above its low estimate. David Hockney, 13th February 2021, Flowers in a Glass Vase (2021), sold for $64,400 ($33,100 low estimate).

• 20 works, or 100%, sold above their high estimate.
• 0 works, or 0%, sold within their low and high estimate.
• 0 works, or 0%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

0 works were bought-in.

Withdrawn before the sale

0 works were withdrawn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. Estimates, sale prices and totals are converted into US dollars. 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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.