Wim Delvoye Leads Bonhams Cornette de Saint Cyr $831,700 'Belgian & Contemporary Art' Auction in Brussels

A work by Wim Delvoye was the headline sale at Bonhams Cornette de Saint Cyr 'Belgian & Contemporary Art' auction on June 17 in Brussels.

• The sale totaled $831,700, falling short of its pre-sale low estimate.

Snapshot of the sale

• 85 works sold totaling $831,700.
• Estimates totaled: $832,200 (low) and $1.23m (high), excluding premiums.
• The sell-through rate was 65% of the original 131 lots announced.

The star lot was: Wim Delvoye, Nautilus (2013), which sold for $177,000, 65% above its $107,000 low estimate.

The outperformer sold for 1000% above its low estimate. Chao Lu, Black Forest Cake (2013), sold for $18,500 ($1,605 low estimate).

• 37 works, or 44%, sold above their high estimate.
• 47 works, or 55%, sold within their low and high estimate.
• 1 works, or 1%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

42 works were bought-in, including: Wim Delvoye, Daphnis & Chloë (counterclockwise) (2010), estimated at $85,600 (low) to $128,400 (high).

Withdrawn before the sale

0 works were withdrawn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Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.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