3 min read · 27 Sep 2024
Reclining Woman, Hand Outstretched by Viola Frey sold for $114,800. Image courtesy of Bonhams
A work by Viola Frey was the headline sale at Bonhams 'Post-War & Contemporary Art X Made in California' auction on September 25 in Los Angeles.
The star lot was: Viola Frey, Reclining Woman, Hand Outstretched (2002), which sold for $114,800, 63% above its $70,000 low estimate. It has been traded once in the past.
The outperformer sold for 386% above its low estimate. Gregory Kondos, Half Dome Yosemite (2011), sold for $48,600 ($10,000 low estimate). It has been traded once in the past.
Breakdown of results against auction house estimates that are disclosed
No sales had a guarantee.
39 works were bought-in, including: Ed Ruscha, Various Plastics (1979), estimated at $400,000 (low) to $600,000 (high). It has been traded 4 times in the past.
0 works were withdrawn
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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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.