Lobus Market Intelligence
Sotheby’s Modern Evening Sale and The Collection of David M. Solinger
Sotheby’s The David M. Solinger Collection Evening Auction on November 14th in New York totaled $116,380,000 hammer against a low estimate of $86,700,000.
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Key highlights of the sale included the de Kooning, the Giacometti and the Miró.
Sale Snapshot
Pre-sale Estimate: $86,700,000 — $117,950,000
Hammer: $116,380,000
Hammer & Buyer’s Premium Total (As Published by House): $137,863,700
Lots Offered: 23
Lots Sold: 23
Lots Bought In: 0
Lots Withdrawn: 0
Sell through rate: 100% by Value
Sell through rate: 100% by Lot
Top Prices
Low Estimate / Hammer
10 de Kooning $18,000,000 / $29,000,000
8 Giacometti $15,000,000 / $26,000,000
4 Miró $15,000,000/ $15,200,000
19 Picasso $15,000,000 / $8,400,000
3 Calder $3,000,000/ $7,100,000
Financial Deals
This sale had no specialized financial deals.
Unsold
Bought In (0)
Withdrawn (0)
Sotheby’s Modern Evening Auction on November 14th in New York totaled $220,000,000 hammer against a low estimate of $227,000,000.
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Key highlights of the sale included the Mondrian, the Picasso and the Moore.
Sale Snapshot
Pre-sale Estimate: $227,000,000 — $302,500,000
Hammer: $220,000,000
Hammer & Buyer’s Premium Total (As Published by House): $253,300,675
Lots Offered: 46
Lots Sold: 36
Lots Bought In: 8
Lots Withdrawn: 2
Sell through rate: 91.85% by Value
Sell through rate: 81.82% by Lot
Top Prices
Low Estimate / Hammer
105 Mondrian $50,000,000 / $48,000,000 (3P)
108 Picasso $20,000,000 / $32,000,000 (3P)
128 Moore $30,000,000 / $27,500,000 (3P)
125 Giacometti $15,000,000 / $14,000,000 (3P)
115 de Lempicka $10,000,000 / $12,000,000
Financial Deals
Note: Lots 105 Mondrian, 109 Rousseau, 119 Magritte, 125 Giacometti, 128 Moore, 133 Gauguin and 144 Picasso had a non-standard buyer’s premium.
Sold At or Below the Low (13)
Low Estimate / Hammer
105 Mondrian $50,000,000 / $48,000,000 (3P)
106 Kandinsky $1,000,000 / $1,000,000 (3P)
109 Rousseau $1,500,000 / $1,400,000 (3P)
114 Benton $4,000,000 / $4,000,000 (3P)
119 Magritte $8,000,000 / $7,500,000 (3P)
125 Giacometti $15,000,000 / $14,000,000 (3P)
126 Giacometti $1,500,000 / $1,500,000 (3P)
127 Picasso $6,000,000 / $5,600,000 (G)
128 Moore $30,000,000 / $27,500,000 (3P)
131 Chagall $2,500,000 / $2,300,000 (3P)
141 Schiele $2,000,000 / $1,300,000 (3P)
144 Picasso $2,500,000 / $2,500,000 (3P)
145 Léger $600,000 / $550,000 (3P)
Sold Above the Low (12)
Low Estimate / Hammer
102 Ernst $700,000 / $800,000 (3P)
104 Brancusi $5,000,000 / $5,200,000 (3P)
107 Miró $700,000 / $1,100,000 (3P)
108 Picasso $20,000,000 / $32,000,000 (3P)
110 Bonnard $2,500,000 / $3,800,000 (3P)
112 Rodin $1,500,000 / $1,900,000 (3P)
118 Varo $2,000,000 / $2,500,000 (3P)
121 Monet $4,000,000 / $5,000,000 (3P)
129 Picasso $3,000,000 / $3,800,000 (3P)
130 Rothko $5,000,000 / $5,150,000 (3P)
133 Gauguin $8,000,000 / $8,250,000 (3P)
136 Caillebotte $1,200,000 / $1,800,000 (G)
Unsold
Bought In (8)
111 Derain Low: $2,500,000 BI: $2,400,000 (G)
113 Schiele Low: $4,000,000 BI: $3,800,000
120 Rodin Low: $2,000,000 BI: $1,700,000
135 Degas Low: $3,500,000 BI: $2,900,000
138 Pissarro Low: $1,200,000 BI: $1,100,000
140 Rockwell Low: $4,000,000 BI: $3,400,000
142 Degas Low: $3,000,000 BI: $1,700,000
146 Torres-García Low: $1,200,000 BI: $920,000
Withdrawn (2)
117 De Monvel
143 Matisse
Financial Deals — Key Terms
S — Stock
3P — Third Party
G — Guarantee
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