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  • Bonhams
  • Bonhams

Bonhams: Prints and Multiples

March 6, 2015

A rather unusual auction has been held on Wednesday, March 4th, in London, at auction house Bonhams. Under the name Prints and Multiples there were some works of Old Masters – for instance, Albrecht Dürer, Rembrandt Harmensz van Rijn and Francisco José de Goya y Lucientes – some 19 Century artists (Samuel Palmer and James Abbott McNeill Whistler, Camille Pissarro, Edouard Manet), a lot of works from the Modern period (Eric Gill, Robert Colquhoun, Henri Matisse, Fernand Léger, Marc Chagall, Salvador Dali, Joan Miró, Pablo Picasso, to name a few), but also several examples of Post-War (John Bellany, Karel Appel, Sir Peter Blake, Sol LeWitt, Zao Wou-Ki) and Contemporary art (Damien Hirst, Tracey Emin, Faile, Banksy, Zhang Xiaogang). In a word, a complete auction mash-up.

Bonhams
Marlene Dumas – Couples, 1982 (Lot 335)

Characteristics of Bonhams: Prints and Multiples Auction

What could these kind of auctions mean for art collectors around the world? First of all, art works from many different period in one auction means that this auction will attract many different art collectors, and not just one specific segment of the art market. For instance, if this was only Post-War and Contemporary art auction, it would have attracted “just” Post-War and Contemporary art collectors – but the whole lot of them. Surely, this kind of an auction would have not attracted collectors of 19 Century art, let alone the Old Masters collectors – they are just not interested in Contemporary art: different kind of art, different people, different collectors. But, when you have this kind of auction mash-up, there is a chance that some (or many) of collectors won’t notice it, so some of art works could go under the radar. That would mean that demand on that particular auction would be lower, and so would prices. And that is the way to get some valuable Contemporary piece of art, for a reasonable price.

Bonhams
Sol Lewitt – Sette Stelle, 1984 (Lot 341)
Bonhams
Jim Dine – Imprint from Dorian Grey’s Stomach, 1968 (Lot 347)

Bonhams: Prints and Multiples Auction – the Overview

Although this auction had total of 351 lots, we won’t concentrate on every one of them, but just on Contemporary and Post-War art pieces, and there were 89 of them. Out of these 89, 60 lots were sold, or 67.4 percent. Out of these 60 lots that were sold, 20 of them had hammer price above the high estimated price – 33.3 percent out of the number of sold ones, or 22.5 percent out of the whole lot of them. Then, 21 lots were sold in range of estimated values (35 percent of sold lots), and the rest – 19 lots – had their hammer prices under low estimated prices (31.7 percent of sold lots). In total, 60 art works that were sold achieved the total price of $117,094 – 6 percent lower than the sum of high estimated prices, but 37.4 percent higher than the sum of low estimated prices.

Bonhams
Faile – Failing for Faile, 2009 (Lot 310)
Bonhams
Faile – Burning Bright, 2009 (Lot 305)

Bonhams: Prints and Multiples Auction in Details

The best result at Bonhams on Wednesday had Banksy’s work; actually, two of them – Golf Sale unframed and Have a Nice Day were sold for $10,727 each. Damien Hirst’s Cephalothin was sold for $7662, and Zhang Xiaogang’s Big Family (Girl) for $4,750. Two Tracey Emin’s works was at number 6 and 7, as far as hammer price goes – his Kate Moss 2000 was sold for $3,524 and Sometimes I feel lonely, but it’s OK for $2,911. The biggest difference between hammer and high estimated price had Paula Rego’s Scarecrow (136.8 percent). Zhang Xiaogang’s Big Family (Girl) was second (106.5 percent), while Nicolas de Staël’s Mediterranée was third at 83.9 percent. José Parlá‘s St Giles had 81.1 percent difference, and Paula Rego’s other work – The Baker’s Wife I – had also 81.1 percent. On the other hand, Jim Dine‘s Imprint from Dorian Grey’s Stomach didn’t go very well, as it was sold with -74.9 percent difference between hammer and low estimated price.

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Total number of lots:89
Number of sold lots:60
Sold lots [%]:67.4
Number of sold lots over high estimate:20
Over high estimate (Total) [%]:22.5
Over high estimate (Sold) [%]:33.3
Number of sold lots in range of estimated values:21
In range of estimated values (Sold) [%]:35
Number of sold lots under low estimate:19
Under low estimate (Sold) [%]:31.7
Results were under estimate spread of [%]:30.8
Lot No.Artist NameArtwork NameLow Estimate $High Estimate $Hammer Price $Hammer High Estimate Difference [%]Hammer Low Estimate Difference [%]
263David HockneyIn Despair23003100Not SoldNot SoldNot Sold
264David HockneyFrench Shop310046002758-40-11
265David Hockney RAIllustrations for fourteen poems from C. P. Cavafy120018001302-27.78.5
266David HockneyPortrait of Felix Mann12001800Not SoldNot SoldNot Sold
267David HockneyXIV Olympic Winter Games, Sarajevo11001500Not SoldNot SoldNot Sold
268David HockneyGeorge Sand : Gustave Flaubert120018001379-23.414.9
269David HockneyRoom Full of Straw9201200137914.949.9
270Damien HirstCephalothin460077007662-0.566.6
271Damien HirstFor the Love of God; Beyond Belief920120013028.541.5
272Damien HirstHappy Christmas (Skull)7701100130218.469.1
273Anthony Caro O.M.Leaf Pool Vol unframed11001500Not SoldNot SoldNot Sold
274Gilbert & GeorgeThe Red Boxers Cards11001500Not SoldNot SoldNot Sold
275Gilbert & GeorgePink Elephant18002800Not SoldNot SoldNot Sold
276Paula RegoPrince Pig and the Second Sister : Prince Pig gets married9201200168540.483.2
277Paula RegoTurtle Hands770110011494.549.2
278Paula RegoScarecrow77011002605136.8238.3
279Paula RegoGirl Reading7701100766-30.4-0.5
280Paula RegoUnicorn7701100766-30.4-0.5
281Paula RegoGirl with basin7701100766-30.4-0.5
282Paula RegoCrying7701100766-30.4-0.5
283Paula RegoUntitled150023001532-33.42.1
284Paula RegoThe Baker's Wife I7701100199281.1158.7
285Paula RegoFrightened Fox; Woman and Lion; Hypnotizing a Dog; Woman and Marabou150023001455-36.7-3
286Julian OpieStill Life with Yellow, Red and Green Peppers120018001302-27.78.5
287Mark WallingerGhost230031002758-1119.9
288Antony Gormley RABodies in Space (White)230031002298-25.9-0.1
289Tracey EminDeath or Glory150023001149-50-23.4
290Tracey EminSometimes I feel lonely, but it's OK12001800291161.7142.6
291Tracey EminSmall Bird7701100996-9.529.4
292Tracey EminKate Moss 200023003100352413.753.2
293Tracey EminHRH7701100137925.479.1
294Jake & Dinos ChapmanJake not Dinos; Dinos not Jake920120013028.541.5
295Antony MicallefWe Come in Peace7701100122511.459.1
296Antony MicallefJudgement Day7701100689-37.4-10.5
297Antony MicallefDirty Deluxe150023001685-26.712.3
298Antony MicallefLovemaker7701100Not SoldNot SoldNot Sold
299Antony MicallefUzi Lover I & II7701100735-33.2-4.5
300Antony MicallefMinotaur Weapon120018001103-38.7-8.1
301Antony MicallefAngel Bomber I & II7701100689-37.4-10.5
302Antony MicallefBomber Girl12001800Not SoldNot SoldNot Sold
303Antony MicallefMythic Weapon - Improvised Minotaur7701100Not SoldNot SoldNot Sold
304Antony MicallefHead : Self Portrait7701100Not SoldNot SoldNot Sold
305FaileBurning Bright120018001225-31.92.1
306FaileFaile Size Visions12001800Not SoldNot SoldNot Sold
307FaileDeath Ends Faile7701100Not SoldNot SoldNot Sold
308FaileTender Forever7701100Not SoldNot SoldNot Sold
309FaileSavage Dreams12001800Not SoldNot SoldNot Sold
310FaileFailing for Faile120018001225-31.92.1
311José ParláSt Giles7701100199281.1158.7
312José ParláOne Eighty Fourth Street7701100168553.2118.8
313José ParláWorld Touring Letter7701100168553.2118.8
314BanksyGolf Sale unframed77001100010727-2.539.3
315BanksyHave a Nice Day610092001072716.675.9
316D*FaceA*Hole31004600Not SoldNot SoldNot Sold
317Chiho AoshimaCity Glow9201200919-23.4-0.1
318Chiho AoshimaHot Spring9201200Not SoldNot SoldNot Sold
319Chiho AoshimaMushroom Room9201200Not SoldNot SoldNot Sold
320Chiho AoshimaPiercing a Heart9201200Not SoldNot SoldNot Sold
321Chiho AoshimaJapanese Apricot 29201200Not SoldNot SoldNot Sold
322Niki de Saint PhalleLe Couple460770582-24.426.5
323Ger Van ElkAdieu, a double perspective12001800Not SoldNot SoldNot Sold
324Jörg ImmendorffAlles was ihr bekommt von mir28003400Not SoldNot SoldNot Sold
325Georg BaselitzOrange Eater (Kon-go)23003100Not SoldNot SoldNot Sold
326Nicolas de StaëlMediterranée11001500275883.9150.7
327Günther FörgAlba610920Not SoldNot SoldNot Sold
328A. R. PenckSpirit of Europe120018001225-31.92.1
329Antoni TàpiesRelief Sable180028001838-34.42.1
330Antoni TàpiesObjects230031002298-25.9-0.1
331Antoni TàpiesOne plate from Suite 63 x 90460770Not SoldNot SoldNot Sold
332Antoni TàpiesSenanque II12001800Not SoldNot SoldNot Sold
333Antoni TàpiesOne plate, from Poems from the Catalan120018001225-31.92.1
334Antoni TàpiesUntitled9201200842-29.8-8.5
335Marlene DumasCouples23003100Not SoldNot SoldNot Sold
336Marlene DumasPortrait of a Young Nelson Mandela230031002145-30.8-6.7
337Marlene DumasThe Magic Gardens7701100919-16.519.4
338Joseph BeuysInitiation Gauloise7701100919-16.519.4
339Joseph BeuysAufruf zur Alternative7701100689-37.4-10.5
340Joseph BeuysFrom the Eurasien Staff610920612-33.50.3
341Sol LeWittSette Stelle150023001532-33.42.1
342Frank StellaLes Indes Galantes V12001800245136.2104.3
343Alexander CalderFlies in the Spider Web120018001685-6.440.4
344Sol LeWittBands of Lines in Four Directions (Square Plate)150023001379-40-8.1
345Robert RauschenbergPromise23003100Not SoldNot SoldNot Sold
346ChristoSurrounded Islands, Project for Biscayne Bay, Greater Miami, Florida150023001838-20.122.5
347Jim DineImprint from Dorian Grey's Stomach610920153-83.4-74.9
348Jim DineMulticoloured Robe (for Seoul)12001800Not SoldNot SoldNot Sold
349Zhou ChunyaPeach Blossom (Two figures)38005400Not SoldNot SoldNot Sold
350Zao Wou-KiUntitled unframed15002300275819.983.9
351Zhang XiaogangBig Family (Girl)150023004750106.5216.7
TOTAL:126200182300117094-35.8-7.2
TOTAL (Sold lots):85200124610117094-637.4
Bonhams
Robert Rauschenberg – Promise (Foster 65), 1968 (Lot 345)
Bonhams
Jim Dine – Multicoloured Robe (for Seoul), 1988 (Lot 348)
Bonhams
Christo – Surrounded Islands, Project for Biscayne Bay, Greater Miami, Florida, 1987 (Lot 346)

Featured image: Marlene Dumas – The Magic Gardens, 1984 (detail) (Lot 337) All images courtesy of Bonhams [mc4wp_form]