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November 2016 New York Auction Recap

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Lisa Prosser
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NOVEMBER 2016 NEW YORK POST-SALE RECAP AUCTION INSIGHTS BY ATHENA
AGGREGATE RESULTS
DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH 79% SOLD SELLTHROUGHRATE 80% SOLD 81% SOLD 145 605575 <100k 100k-1M 1-5M 5-10M 10M+ 711 75 222224 LOTPRICEDISTRIBUTION NUMBEROFLOTS PERFORMANCEVESTIMATE 30% 27% 21% 22% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE WITHDRAWN 26% 29% 25% 20% 4% 23% 33% 19% 21% 26% 41% 21% 12% 26% 34% 22% 18% 8% 49% 35% 8% PRICE BUCKET (IN USD) <100k 100k-1M 1-5M 5-10M 10M+ 814 59 211 283 <100k 100k-1M 1-5M 5-10M 10M+ 32 12 42 84 $7.9M $76.9M $96.9MS C P HAMMERPRICETOTALS $97.2M $453.8M $374.5M 37 114 107 S C P SOTHEBY’S CHRISTIE’S PHILLIPS DAY SALES EVENING SALES AUCTION INSIGHTS BY ATHENA NEW YORK SALES - NOV 2016 AGGREGATE RESULTS LEGEND SOTHEBY’S: IMPRESSIONIST & MODERN ART EVENING - 14-11-16 DAY - 15-11-16 CONTEMPORARY ART EVENING - 17-11-16 DAY - 18-11-16 CHRISTIE’S: IMPRESSIONIST & MODERN ART EVENING - 16-11-16 WORKS ON PAPER - 17-11-16 DAY - 17-11-16 POST-WAR AND CONTEMPORARY ART EVENING - 15-11-16 DAY - 16-11-16 AFTERNOON - 16-11-16 PHILLIPS: 20TH CENTURY & CONTEMPORARY ART EVENING - 16-11-16 DAY - 17-11-16 PRICE BUCKET (IN USD)PRICE BUCKET (IN USD) DAY SALES EVENING SALES S C P DAY SALES EVENING SALESDAY SALES EVENING SALES S C P S C P S C P S C P S C P
SINGLE SALE SUMMARIES
AUCTION INSIGHTS BY ATHENA SOTHEBY'S - NEW YORK IMPRESSIONIST & MODERN ART EVENING SALE NOVEMBER 14, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $176.5M $135.8M $137.2M $157.7M SALESUMMARY 79%SOLD SELLTHROUGHRATE HAMMERPRICE $0M $13M $25M $38M $50M LOT NUMBER 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 AUCTIONFLOW EDVARD MUNCH GIRLS ON THE BRIDGE ESTIMATE: $40M+ $50M PERFORMANCEVSESTIMATE 19% 37% 23% 21% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 43AVAILABLELOTS PABLO PICASSO LE PEINTRE ET SON MODÈLE ESTIMATE: $12M-18M $11.3M PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 2 LOTS 4 LOTS 22 LOTS 5 LOTS 1 LOTS 0 LOTS0 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 101% OF THE TOTAL LOW ESTIMATE $3.0M $3.3M $3.6M $3.9M $4.3M AVG LOW EST SPREAD AVG HIGH EST $3.2M AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY IMP MOD
AUCTION INSIGHTS BY ATHENA SOTHEBY'S - NEW YORK IMPRESSIONIST & MODERN ART DAY SALE NOVEMBER 15, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $53.8M $36.9M $31.6M $38.8M SALESUMMARY 68%SOLD SELLTHROUGHRATE DIEGO GIACOMETTI TABLE AUX PERSONNAGES ESTIMATE: $300-400K $3.2M PERFORMANCEVSESTIMATE 22% 25% 21% 32% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 258AVAILABLELOTS DIEGO GIACOMETTI LAMPE AUX FEUILLES ET OISEAUX ESTIMATE: $60-80K $600K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS 5 LOTS 11 LOTS15 LOTS 41 LOTS 104 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 86% OF THE TOTAL LOW ESTIMATE $115K $140K $166K $191K $216K AVG LOW EST SPREAD AVG HIGH EST $122K AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY S IMP MOD AUCTIONFLOW $.0M $.8M $1.7M $2.5M $3.3M LOT NUMBER 303 308 313 318 323 328 333 338 343 348 353 358 363 368 373 378 383 388 393 398 403 408 413 418 423 428 $.0M $.8M $1.7M $2.5M $3.3M 101 106 111 116 121 126 131 136 141 146 151 156 161 166 171 176 181 186 191 196 201 206 211 216 221 226 WITHDRAWN HAMMERPRICE
AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK POST-WAR & CONTEMPORARY ART EVENING SALE NOVEMBER 15, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $322.3M $237.9M $239.5M $277.0M SALESUMMARY 83%SOLD SELLTHROUGHRATE HAMMERPRICE $0M $15M $30M $45M $60M LOT NUMBER 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 AUCTIONFLOW WILLEM DE KOONING UNTITLED XXV ESTIMATE: $50M+ $59M PERFORMANCEVSESTIMATE 25% 32% 26% 17% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 65AVAILABLELOTS GIUSEPPE GALLO UNTITLED ESTIMATE: $40-60K $300K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 4 LOTS 8 LOTS 29 LOTS 8 LOTS 4 LOTS 1 LOTS0 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 101% OF THE TOTAL LOW ESTIMATE $3.5M $3.9M $4.3M $4.7M $5.1M AVG LOW EST SPREAD AVG HIGH EST $3.7M AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY C CONT- EMP
AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK POST-WAR & CONTEMPORARY ART MORNING SALE NOVEMBER 16, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $54.1M $37.5M $35.2M $43.0M SALESUMMARY 79%SOLD SELLTHROUGHRATE GERHARD RICHTER ABSTRAKTES BILD ESTIMATE: $1.5-2M $1.5M PERFORMANCEVSESTIMATE 24% 27% 28% 21% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE WITHDRAWN 208AVAILABLELOTS TOM WESSELMANN STILL LIFE NO. 47 ESTIMATE: $200 - 300K $1.0M PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS 7 LOTS 13 LOTS 24 LOTS 36 LOTS 85 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 94% OF THE TOTAL LOW ESTIMATE $160K $187K $215K $242K $269K AVG LOW EST SPREAD AVG HIGH EST $169K AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY C CONT- EMP AUCTIONFLOW $.0M $.4M $.8M $1.1M $1.5M LOT NUMBER 205 209 213 217 221 225 229 233 237 241 245 249 253 257 261 265 269 273 277 281 285 289 293 297 301 305 205 $.0M $.4M $.8M $1.1M $1.5M 101 104 107 110 113 116 119 122 125 128 131 134 137 140 143 146 149 152 155 158 161 164 167 170 173 176 179 182 185 188 191 194 197 200 203 WITHDRAWN HAMMERPRICE
AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK POST-WAR & CONTEMPORARY ART AFTERNOON SALE NOVEMBER 16, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $25.6M $17.7M $15.0M $18.5M SALESUMMARY 75%SOLD SELLTHROUGHRATE RICHARD PRINCE NEIGHBOR'S WIFE ESTIMATE: $1.8-2.5M $1.9M PERFORMANCEVSESTIMATE 18% 29% 28% 25% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 129AVAILABLELOTS HAROLD ANCART UNTITLED ESTIMATE: $80-120K $620K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS 2 LOTS 5 LOTS5 LOTS 32 LOTS 53 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 85% OF THE TOTAL LOW ESTIMATE $110K $134K $157K $181K $205K AVG LOW EST SPREAD AVG HIGH EST $117K AVG PRICE ESTIMATESPREAD SINGLE SALE SUMMARY C CONT- EMP AUCTIONFLOW $.0M $.5M $1.0M $1.4M $1.9M LOT NUMBER 466 469 472 475 478 481 484 487 490 493 496 499 502 505 508 511 514 517 520 523 526 529 $.0M $.5M $1.0M $1.4M $1.9M 401 404 407 410 413 416 419 422 425 428 431 434 437 440 443 446 449 452 455 458 461 464 WITHDRAWN HAMMERPRICE
AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK IMPRESSIONIST & MODERN ART EVENING SALE NOVEMBER 16, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $267.8M $197.3M $214.4M $246.3M SALESUMMARY 80%SOLD SELLTHROUGHRATE HAMMERPRICE $0M $19M $38M $56M $75M LOT NUMBER 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 AUCTIONFLOW CLAUDE MONET MEULE ESTIMATE: $40M+ $72.5M PERFORMANCEVSESTIMATE 27% 37% 16% 20% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 49AVAILABLELOTS MARC CHAGALL NU ROSE OU AMOUREUX EN ROSE ESTIMATE:-$1.2-1.8M $3.6M PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 4 LOTS 6 LOTS 21 LOTS 5 LOTS 3 LOTS 0 LOTS0 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 109% OF THE TOTAL LOW ESTIMATE $3.8M $4.3M $4.7M $5.2M $5.7M AVG LOW EST SPREAD AVG HIGH EST $4.4M AVG PRICE ESTIMATESPREAD IMP MODS SINGLE SALE SUMMARY C
AUCTION INSIGHTS BY ATHENA PHILLIPS - NEW YORK 20TH CENTURY & CONTEMPORARY ART EVENING SALE NOVEMBER 16, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $134.2M $98.7M $97.2M $111.2M SALESUMMARY 92%SOLD SELLTHROUGHRATE HAMMERPRICE $0M $6M $13M $19M $25M LOT NUMBER 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 AUCTIONFLOW GERHARD RICHTER DΫSENJÄGER ESTIMATE: $25-35M $24M PERFORMANCEVSESTIMATE 8% 49% 35% 8% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 37AVAILABLELOTS RICHARD PRINCE I WENT TO THE DOCTOR ESTIMATE: $2-3M $1.3M PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 3 LOTS 2 LOTS 12 LOTS 7 LOTS7 LOTS 2 LOTS 1 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 98% OF THE TOTAL LOW ESTIMATE $2.5M $2.8M $3.1M $3.4M $3.8M AVG LOW EST SPREAD AVG HIGH EST $2.6M AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY P CONT- EMP
AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK IMPRESSIONIST & MODERN ART DAY SALE NOVEMBER 17, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $26.8M $18.2M $18.1M $22.3M SALESUMMARY 77%SOLD SELLTHROUGHRATE HENRI EDMOND CROSS VUE DU BASSIN DE SAINT- MARC ESTIMATE: $500-700K $900K PERFORMANCEVSESTIMATE 27% 31% 19% 23% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 152AVAILABLELOTS LEONARD TSUGUHARU FOUJITA NU ESTIMATE: $150-200K $800K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS0 LOTS 9 LOTS 13 LOTS 31 LOTS 64 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 100% OF THE TOTAL LOW ESTIMATE $113K $131K $148K $165K $182K AVG LOW EST SPREAD AVG HIGH EST $119K AVG PRICE ESTIMATESPREAD IMP MOD SINGLE SALE SUMMARY C AUCTIONFLOW $0K $267K $533K $800K LOT NUMBER 1277 1281 1285 1289 1293 1297 1301 1305 1309 1313 1318 1323 1327 1331 1335 1339 1343 1347 1351 $0K $267K $533K $800K 1201 1205 1209 1213 1217 1221 1225 1229 1233 1237 1241 1246 1250 1254 1258 1262 1266 1270 1273 WITHDRAWN HAMMERPRICE
AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK IMPRESSIONIST & MODERN ART WORKS ON PAPER SALE NOVEMBER 17, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $11.3M $7.7M $8.5M $10.5M SALESUMMARY 89%SOLD SELLTHROUGHRATE HAMMERPRICE $0K $125K $250K $375K $500K LOT NUMBER 1001 1006 1011 1016 1021 1026 1031 1036 1041 1046 1051 1056 1061 1066 1071 1076 1081 1086 1091 1096 1101 1106 1111 1116 AUCTIONFLOW JOAN MIRO L'OISEAU PARLE À L'ÉTOILE POUR GUIDER LE COUPLE D'AMOUREUX ESTIMATE: $400-600K $480K PERFORMANCEVSESTIMATE 35% 31% 23% 11% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 116AVAILABLELOTS ERNST LUDWIG KIRCHNER DREI TÄNZERINNEN ESTIMATE: $60-80K $247K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS0 LOTS0 LOTS 9 LOTS 13 LOTS 81 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 111% OF THE TOTAL LOW ESTIMATE $62K $72K $82K $92K $101K AVG LOW EST SPREAD AVG HIGH EST $74K AVG PRICE ESTIMATESPREAD IMP MOD SINGLE SALE SUMMARY C
AUCTION INSIGHTS BY ATHENA PHILLIPS - NEW YORK 20TH CENTURY & CONTEMPORARY ART DAY SALE NOVEMBER 17, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $13.0M $9.0M $7.9M $9.8M SALESUMMARY 78%SOLD SELLTHROUGHRATE JIRO TAKAMATSU SHADOW NO. 1391 ESTIMATE: $100K-150K $440K PERFORMANCEVSESTIMATE 4% 23% 33% 19% 21% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE WITHDRAWN 145AVAILABLELOTS JOE BRADLEY UNTITLED (HUMAN FORM) ESTIMATE: $150-200K $65K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS0 LOTS0 LOTS 4 LOTS 22 LOTS 83 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 88% OF THE TOTAL LOW ESTIMATE $51K $62K $72K $82K $93K AVG LOW EST SPREAD AVG HIGH EST $54K AVG PRICE ESTIMATESPREAD SINGLE SALE SUMMARY P CONT- EMP AUCTIONFLOW $0K $167K $333K $500K LOT NUMBER 174 177 180 183 186 189 192 197 200 203 206 209 212 215 218 221 224 227 230 233 236 239 242 245 $0K $167K $333K $500K 101 104 107 110 113 116 119 122 125 128 131 134 137 140 143 146 149 152 155 158 161 164 167 170 173 WITHDRAWN HAMMERPRICE
AUCTION INSIGHTS BY ATHENA SOTHEBY'S - NEW YORK CONTEMPORARY ART EVENING AUCTION NOVEMBER 17, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $302.4M $208.6M $237.4M $276.6M SALESUMMARY 94%SOLD SELLTHROUGHRATE HAMMERPRICE $0M $10M $20M $30M LOT NUMBER 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 AUCTIONFLOW GERHARD RICHTER A B, STILL ESTIMATE: $20-30M $30M PERFORMANCEVSESTIMATE 30% 44% 20% 6% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 64AVAILABLELOTS NJIDEKA AKUNYILI CROSBY DROWN ESTIMATE: $200-300K $900K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 5 LOTS 7 LOTS 34 LOTS 9 LOTS 5 LOTS 0 LOTS0 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 114% OF THE TOTAL LOW ESTIMATE $3.1M $3.5M $4.0M $4.5M $4.9M AVG LOW EST SPREAD AVG HIGH EST $3.7M AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY CONT- EMP
AUCTION INSIGHTS BY ATHENA SOTHEBY’S - NEW YORK CONTEMPORARY ART DAY AUCTION SALE NOVEMBER 18, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $79.9M $56.5M $65.4M $80.2M SALESUMMARY 85%SOLD SELLTHROUGHRATE HELEN FRANKENTHALER UNDER APRIL MOOD ESTIMATE: $600-800K $2.1M PERFORMANCEVSESTIMATE 37% 28% 20% 15% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE WITHDRAWN 317AVAILABLELOTS LOUISE BOURGEOIS FÉE COUTURIÈRE ESTIMATE: $400-600K $1.5M PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS 14 LOTS 19 LOTS 52 LOTS 64 LOTS 120 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 116% OF THE TOTAL LOW ESTIMATE $168K $192K $215K $239K $262K AVG LOW EST SPREAD AVG HIGH EST $206K AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY CONT- EMPS AUCTIONFLOW $.0M $.7M $1.3M $2.0M LOT NUMBER 418 424 430 436 442 448 455 461 467 472 478 484 490 496 502 508 514 520 526 532 538 544 550 556 562 568 574 $.0M $.7M $1.3M $2.0M 101 107 113 119 125 131 137 143 149 155 161 167 173 179 185 191 197 203 209 215 221 227 233 239 403 409 415 WITHDRAWN HAMMERPRICE
Disclaimer Legal The information and material in this document is provided for informational purposes only, does not constitute any commitment by Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used as a basis for making business decisions. Athena Art Finance Corp. and its employees do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for tax, legal and/or accounting advice. Before engaging in any financial transaction, you should consult your own tax, legal, professional and accounting advisors. This document does not constitute an offer on the part of Athena Art Finance Corp. to provide products or services. Products and services are available only at the discretion of Athena Art Finance Corp., subject to the individual contractual terms and conditions on which they are offered and such products and services may be withdrawn or amended at any time without notice. The full range of products or services may not be available in all locations. ATHENA ART FINANCE CORP MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY REGARDING THIS DOCUMENT AND INFORMATION CONTAINED OR REFERRED TO ON EACH PAGE ASSOCIATED WITH THIS DOCUMENT. ATHENA ART FINANCE CORP. ACCEPTS NO LIABILITY AND WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE ARISING DIRECTLY OR INDIRECTLY (INCLUDING SPECIAL, INCIDENTAL OR CONSEQUENTIAL LOSS OR DAMAGE) FROM YOUR USE OF THIS DOCUMENT, HOWSOEVER ARISING, AND INCLUDING ANY LOSS, DAMAGE OR EXPENSE ARISING FROM, BUT NOT LIMITED TO, ANY DEFECT, ERROR, IMPERFECTION, FAULT, MISTAKE OR INACCURACY WITH THIS DOCUMENT, ITS CONTENTS OR ASSOCIATED SERVICES. Intellectual Property Rights All contents of this website including, but not limited to the text, graphics and links are the property of Athena Art Finance Corp. and may not be copied, downloaded, distributed or published in any way without the prior written consent of Athena Art Finance Corp. All other marks, names and logos used on this website (unless otherwise stated) are the intellectual property rights held by their owners. COPYRIGHT © ATHENA ART FINANCE CORP 2016. ALL RIGHTS RESERVED. WWW.ATHENA-ART.COM/NEWS-RESEARCH/RESEARCH RESEARCH@ATHENA-ART.COM CONTACT ATHENA ART FINANCE

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November 2016 New York Auction Recap

  • 1. NOVEMBER 2016 NEW YORK POST-SALE RECAP AUCTION INSIGHTS BY ATHENA
  • 3. DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH 79% SOLD SELLTHROUGHRATE 80% SOLD 81% SOLD 145 605575 <100k 100k-1M 1-5M 5-10M 10M+ 711 75 222224 LOTPRICEDISTRIBUTION NUMBEROFLOTS PERFORMANCEVESTIMATE 30% 27% 21% 22% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE WITHDRAWN 26% 29% 25% 20% 4% 23% 33% 19% 21% 26% 41% 21% 12% 26% 34% 22% 18% 8% 49% 35% 8% PRICE BUCKET (IN USD) <100k 100k-1M 1-5M 5-10M 10M+ 814 59 211 283 <100k 100k-1M 1-5M 5-10M 10M+ 32 12 42 84 $7.9M $76.9M $96.9MS C P HAMMERPRICETOTALS $97.2M $453.8M $374.5M 37 114 107 S C P SOTHEBY’S CHRISTIE’S PHILLIPS DAY SALES EVENING SALES AUCTION INSIGHTS BY ATHENA NEW YORK SALES - NOV 2016 AGGREGATE RESULTS LEGEND SOTHEBY’S: IMPRESSIONIST & MODERN ART EVENING - 14-11-16 DAY - 15-11-16 CONTEMPORARY ART EVENING - 17-11-16 DAY - 18-11-16 CHRISTIE’S: IMPRESSIONIST & MODERN ART EVENING - 16-11-16 WORKS ON PAPER - 17-11-16 DAY - 17-11-16 POST-WAR AND CONTEMPORARY ART EVENING - 15-11-16 DAY - 16-11-16 AFTERNOON - 16-11-16 PHILLIPS: 20TH CENTURY & CONTEMPORARY ART EVENING - 16-11-16 DAY - 17-11-16 PRICE BUCKET (IN USD)PRICE BUCKET (IN USD) DAY SALES EVENING SALES S C P DAY SALES EVENING SALESDAY SALES EVENING SALES S C P S C P S C P S C P S C P
  • 5. AUCTION INSIGHTS BY ATHENA SOTHEBY'S - NEW YORK IMPRESSIONIST & MODERN ART EVENING SALE NOVEMBER 14, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $176.5M $135.8M $137.2M $157.7M SALESUMMARY 79%SOLD SELLTHROUGHRATE HAMMERPRICE $0M $13M $25M $38M $50M LOT NUMBER 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 AUCTIONFLOW EDVARD MUNCH GIRLS ON THE BRIDGE ESTIMATE: $40M+ $50M PERFORMANCEVSESTIMATE 19% 37% 23% 21% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 43AVAILABLELOTS PABLO PICASSO LE PEINTRE ET SON MODÈLE ESTIMATE: $12M-18M $11.3M PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 2 LOTS 4 LOTS 22 LOTS 5 LOTS 1 LOTS 0 LOTS0 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 101% OF THE TOTAL LOW ESTIMATE $3.0M $3.3M $3.6M $3.9M $4.3M AVG LOW EST SPREAD AVG HIGH EST $3.2M AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY IMP MOD
  • 6. AUCTION INSIGHTS BY ATHENA SOTHEBY'S - NEW YORK IMPRESSIONIST & MODERN ART DAY SALE NOVEMBER 15, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $53.8M $36.9M $31.6M $38.8M SALESUMMARY 68%SOLD SELLTHROUGHRATE DIEGO GIACOMETTI TABLE AUX PERSONNAGES ESTIMATE: $300-400K $3.2M PERFORMANCEVSESTIMATE 22% 25% 21% 32% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 258AVAILABLELOTS DIEGO GIACOMETTI LAMPE AUX FEUILLES ET OISEAUX ESTIMATE: $60-80K $600K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS 5 LOTS 11 LOTS15 LOTS 41 LOTS 104 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 86% OF THE TOTAL LOW ESTIMATE $115K $140K $166K $191K $216K AVG LOW EST SPREAD AVG HIGH EST $122K AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY S IMP MOD AUCTIONFLOW $.0M $.8M $1.7M $2.5M $3.3M LOT NUMBER 303 308 313 318 323 328 333 338 343 348 353 358 363 368 373 378 383 388 393 398 403 408 413 418 423 428 $.0M $.8M $1.7M $2.5M $3.3M 101 106 111 116 121 126 131 136 141 146 151 156 161 166 171 176 181 186 191 196 201 206 211 216 221 226 WITHDRAWN HAMMERPRICE
  • 7. AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK POST-WAR & CONTEMPORARY ART EVENING SALE NOVEMBER 15, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $322.3M $237.9M $239.5M $277.0M SALESUMMARY 83%SOLD SELLTHROUGHRATE HAMMERPRICE $0M $15M $30M $45M $60M LOT NUMBER 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 AUCTIONFLOW WILLEM DE KOONING UNTITLED XXV ESTIMATE: $50M+ $59M PERFORMANCEVSESTIMATE 25% 32% 26% 17% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 65AVAILABLELOTS GIUSEPPE GALLO UNTITLED ESTIMATE: $40-60K $300K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 4 LOTS 8 LOTS 29 LOTS 8 LOTS 4 LOTS 1 LOTS0 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 101% OF THE TOTAL LOW ESTIMATE $3.5M $3.9M $4.3M $4.7M $5.1M AVG LOW EST SPREAD AVG HIGH EST $3.7M AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY C CONT- EMP
  • 8. AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK POST-WAR & CONTEMPORARY ART MORNING SALE NOVEMBER 16, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $54.1M $37.5M $35.2M $43.0M SALESUMMARY 79%SOLD SELLTHROUGHRATE GERHARD RICHTER ABSTRAKTES BILD ESTIMATE: $1.5-2M $1.5M PERFORMANCEVSESTIMATE 24% 27% 28% 21% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE WITHDRAWN 208AVAILABLELOTS TOM WESSELMANN STILL LIFE NO. 47 ESTIMATE: $200 - 300K $1.0M PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS 7 LOTS 13 LOTS 24 LOTS 36 LOTS 85 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 94% OF THE TOTAL LOW ESTIMATE $160K $187K $215K $242K $269K AVG LOW EST SPREAD AVG HIGH EST $169K AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY C CONT- EMP AUCTIONFLOW $.0M $.4M $.8M $1.1M $1.5M LOT NUMBER 205 209 213 217 221 225 229 233 237 241 245 249 253 257 261 265 269 273 277 281 285 289 293 297 301 305 205 $.0M $.4M $.8M $1.1M $1.5M 101 104 107 110 113 116 119 122 125 128 131 134 137 140 143 146 149 152 155 158 161 164 167 170 173 176 179 182 185 188 191 194 197 200 203 WITHDRAWN HAMMERPRICE
  • 9. AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK POST-WAR & CONTEMPORARY ART AFTERNOON SALE NOVEMBER 16, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $25.6M $17.7M $15.0M $18.5M SALESUMMARY 75%SOLD SELLTHROUGHRATE RICHARD PRINCE NEIGHBOR'S WIFE ESTIMATE: $1.8-2.5M $1.9M PERFORMANCEVSESTIMATE 18% 29% 28% 25% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 129AVAILABLELOTS HAROLD ANCART UNTITLED ESTIMATE: $80-120K $620K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS 2 LOTS 5 LOTS5 LOTS 32 LOTS 53 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 85% OF THE TOTAL LOW ESTIMATE $110K $134K $157K $181K $205K AVG LOW EST SPREAD AVG HIGH EST $117K AVG PRICE ESTIMATESPREAD SINGLE SALE SUMMARY C CONT- EMP AUCTIONFLOW $.0M $.5M $1.0M $1.4M $1.9M LOT NUMBER 466 469 472 475 478 481 484 487 490 493 496 499 502 505 508 511 514 517 520 523 526 529 $.0M $.5M $1.0M $1.4M $1.9M 401 404 407 410 413 416 419 422 425 428 431 434 437 440 443 446 449 452 455 458 461 464 WITHDRAWN HAMMERPRICE
  • 10. AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK IMPRESSIONIST & MODERN ART EVENING SALE NOVEMBER 16, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $267.8M $197.3M $214.4M $246.3M SALESUMMARY 80%SOLD SELLTHROUGHRATE HAMMERPRICE $0M $19M $38M $56M $75M LOT NUMBER 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 AUCTIONFLOW CLAUDE MONET MEULE ESTIMATE: $40M+ $72.5M PERFORMANCEVSESTIMATE 27% 37% 16% 20% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 49AVAILABLELOTS MARC CHAGALL NU ROSE OU AMOUREUX EN ROSE ESTIMATE:-$1.2-1.8M $3.6M PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 4 LOTS 6 LOTS 21 LOTS 5 LOTS 3 LOTS 0 LOTS0 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 109% OF THE TOTAL LOW ESTIMATE $3.8M $4.3M $4.7M $5.2M $5.7M AVG LOW EST SPREAD AVG HIGH EST $4.4M AVG PRICE ESTIMATESPREAD IMP MODS SINGLE SALE SUMMARY C
  • 11. AUCTION INSIGHTS BY ATHENA PHILLIPS - NEW YORK 20TH CENTURY & CONTEMPORARY ART EVENING SALE NOVEMBER 16, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $134.2M $98.7M $97.2M $111.2M SALESUMMARY 92%SOLD SELLTHROUGHRATE HAMMERPRICE $0M $6M $13M $19M $25M LOT NUMBER 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 AUCTIONFLOW GERHARD RICHTER DΫSENJÄGER ESTIMATE: $25-35M $24M PERFORMANCEVSESTIMATE 8% 49% 35% 8% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 37AVAILABLELOTS RICHARD PRINCE I WENT TO THE DOCTOR ESTIMATE: $2-3M $1.3M PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 3 LOTS 2 LOTS 12 LOTS 7 LOTS7 LOTS 2 LOTS 1 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 98% OF THE TOTAL LOW ESTIMATE $2.5M $2.8M $3.1M $3.4M $3.8M AVG LOW EST SPREAD AVG HIGH EST $2.6M AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY P CONT- EMP
  • 12. AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK IMPRESSIONIST & MODERN ART DAY SALE NOVEMBER 17, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $26.8M $18.2M $18.1M $22.3M SALESUMMARY 77%SOLD SELLTHROUGHRATE HENRI EDMOND CROSS VUE DU BASSIN DE SAINT- MARC ESTIMATE: $500-700K $900K PERFORMANCEVSESTIMATE 27% 31% 19% 23% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 152AVAILABLELOTS LEONARD TSUGUHARU FOUJITA NU ESTIMATE: $150-200K $800K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS0 LOTS 9 LOTS 13 LOTS 31 LOTS 64 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 100% OF THE TOTAL LOW ESTIMATE $113K $131K $148K $165K $182K AVG LOW EST SPREAD AVG HIGH EST $119K AVG PRICE ESTIMATESPREAD IMP MOD SINGLE SALE SUMMARY C AUCTIONFLOW $0K $267K $533K $800K LOT NUMBER 1277 1281 1285 1289 1293 1297 1301 1305 1309 1313 1318 1323 1327 1331 1335 1339 1343 1347 1351 $0K $267K $533K $800K 1201 1205 1209 1213 1217 1221 1225 1229 1233 1237 1241 1246 1250 1254 1258 1262 1266 1270 1273 WITHDRAWN HAMMERPRICE
  • 13. AUCTION INSIGHTS BY ATHENA CHRISTIE’S - NEW YORK IMPRESSIONIST & MODERN ART WORKS ON PAPER SALE NOVEMBER 17, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $11.3M $7.7M $8.5M $10.5M SALESUMMARY 89%SOLD SELLTHROUGHRATE HAMMERPRICE $0K $125K $250K $375K $500K LOT NUMBER 1001 1006 1011 1016 1021 1026 1031 1036 1041 1046 1051 1056 1061 1066 1071 1076 1081 1086 1091 1096 1101 1106 1111 1116 AUCTIONFLOW JOAN MIRO L'OISEAU PARLE À L'ÉTOILE POUR GUIDER LE COUPLE D'AMOUREUX ESTIMATE: $400-600K $480K PERFORMANCEVSESTIMATE 35% 31% 23% 11% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 116AVAILABLELOTS ERNST LUDWIG KIRCHNER DREI TÄNZERINNEN ESTIMATE: $60-80K $247K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS0 LOTS0 LOTS 9 LOTS 13 LOTS 81 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 111% OF THE TOTAL LOW ESTIMATE $62K $72K $82K $92K $101K AVG LOW EST SPREAD AVG HIGH EST $74K AVG PRICE ESTIMATESPREAD IMP MOD SINGLE SALE SUMMARY C
  • 14. AUCTION INSIGHTS BY ATHENA PHILLIPS - NEW YORK 20TH CENTURY & CONTEMPORARY ART DAY SALE NOVEMBER 17, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $13.0M $9.0M $7.9M $9.8M SALESUMMARY 78%SOLD SELLTHROUGHRATE JIRO TAKAMATSU SHADOW NO. 1391 ESTIMATE: $100K-150K $440K PERFORMANCEVSESTIMATE 4% 23% 33% 19% 21% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE WITHDRAWN 145AVAILABLELOTS JOE BRADLEY UNTITLED (HUMAN FORM) ESTIMATE: $150-200K $65K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS0 LOTS0 LOTS 4 LOTS 22 LOTS 83 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 88% OF THE TOTAL LOW ESTIMATE $51K $62K $72K $82K $93K AVG LOW EST SPREAD AVG HIGH EST $54K AVG PRICE ESTIMATESPREAD SINGLE SALE SUMMARY P CONT- EMP AUCTIONFLOW $0K $167K $333K $500K LOT NUMBER 174 177 180 183 186 189 192 197 200 203 206 209 212 215 218 221 224 227 230 233 236 239 242 245 $0K $167K $333K $500K 101 104 107 110 113 116 119 122 125 128 131 134 137 140 143 146 149 152 155 158 161 164 167 170 173 WITHDRAWN HAMMERPRICE
  • 15. AUCTION INSIGHTS BY ATHENA SOTHEBY'S - NEW YORK CONTEMPORARY ART EVENING AUCTION NOVEMBER 17, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $302.4M $208.6M $237.4M $276.6M SALESUMMARY 94%SOLD SELLTHROUGHRATE HAMMERPRICE $0M $10M $20M $30M LOT NUMBER 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 AUCTIONFLOW GERHARD RICHTER A B, STILL ESTIMATE: $20-30M $30M PERFORMANCEVSESTIMATE 30% 44% 20% 6% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE 64AVAILABLELOTS NJIDEKA AKUNYILI CROSBY DROWN ESTIMATE: $200-300K $900K PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 5 LOTS 7 LOTS 34 LOTS 9 LOTS 5 LOTS 0 LOTS0 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 114% OF THE TOTAL LOW ESTIMATE $3.1M $3.5M $4.0M $4.5M $4.9M AVG LOW EST SPREAD AVG HIGH EST $3.7M AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY CONT- EMP
  • 16. AUCTION INSIGHTS BY ATHENA SOTHEBY’S - NEW YORK CONTEMPORARY ART DAY AUCTION SALE NOVEMBER 18, 2016 DATA FROM PUBLIC SOURCES - HAMMER PRICE USED UNLESS OTHERWISE INDICATED - SEE MORE AND SUBSCRIBE AT WWW.ATHENA-ART.COM/NEWS-RESEARCH PRICE W PREMIUM HAMMER PRICE LOW ESTIMATE HIGH ESTIMATE $79.9M $56.5M $65.4M $80.2M SALESUMMARY 85%SOLD SELLTHROUGHRATE HELEN FRANKENTHALER UNDER APRIL MOOD ESTIMATE: $600-800K $2.1M PERFORMANCEVSESTIMATE 37% 28% 20% 15% BOUGHT IN BELOW LOW ESTIMATE WITHIN ESTIMATE ABOVE HIGH ESTIMATE WITHDRAWN 317AVAILABLELOTS LOUISE BOURGEOIS FÉE COUTURIÈRE ESTIMATE: $400-600K $1.5M PRICE BUCKET (IN USD MILLIONS) <0.1 0.1-0.25 0.25-0.5 0.5-1 1-5 5-10 10-15 0 LOTS0 LOTS 14 LOTS 19 LOTS 52 LOTS 64 LOTS 120 LOTS LOTPRICEDISTRIBUTION TOPPRICEPERFORMANCENOTEWORTHY THE TOTAL HAMMER PRICE ACHIEVED 116% OF THE TOTAL LOW ESTIMATE $168K $192K $215K $239K $262K AVG LOW EST SPREAD AVG HIGH EST $206K AVG PRICE ESTIMATESPREAD S SINGLE SALE SUMMARY CONT- EMPS AUCTIONFLOW $.0M $.7M $1.3M $2.0M LOT NUMBER 418 424 430 436 442 448 455 461 467 472 478 484 490 496 502 508 514 520 526 532 538 544 550 556 562 568 574 $.0M $.7M $1.3M $2.0M 101 107 113 119 125 131 137 143 149 155 161 167 173 179 185 191 197 203 209 215 221 227 233 239 403 409 415 WITHDRAWN HAMMERPRICE
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