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Digard Paris Urban Contemporary Art Auction Analysis

  • digard paris auction analysis
  • digard paris auction analysis
June 3, 2015

While Christie’s Honk Kong was busy with its Asian Contemporary Art Day auction and Chinese Ink Auction, on the other side of the globe, more precisely in Paris, Digard held Urban Contemporary Art Auction. It would be fair to say that this auction was a successful one considering the amount of money gathered, which is $1.376.984, but truth to be told, more than a third of total amount was a merit of the lot 81, a Banksy and Inkie collaboration sold for a staggering price of $556.085. Still, the highest hammer high difference was seen in the sale of lot 48 – Revs’ Book #1 from 1993 with 310.1 percent.

Banksy And Inkie Collaboration At Glastonbury

Silent Majority was painted in 1998 at Glastonbury Festival. Current owners of the trailer, who have provided a full note that will accompany the work at auction, stated that the work was created in three days. They are long term travelers in England, who allowed Banksy to paint on their home. He approached to them during the festival, and asked them to use the back side of their trailer as a large blank canvas. Owners underline the significance of the context in which Silent Majority was created. Firstly, the work was created during Glastonbury Festival. Secondly, and more important, the work depicts the era of mid 1990s, when the free party movement was very popular. Silent Majority actually depicts the spirit of the last rave and hip-hop scene of the time. The work shows the figures, dressed like soldiers, storming a site with a speaker in an inflatable raft, with the powerful words: It’s better not to rely too much on silent majorities… for silence is a fragile thing…one loud noise and it’s gone. The work is signed by Banksy and Inkie. At that time, Inkie was a seminal graffiti artist and, according to owners, was quite a big name in the rave scene doing artwork for free parties, raves, Amsterdam clubs. The work’s style is definitely Old Skool Graffiti, created free handed with very little use of stencils. Silent Majority indeed references to a period of free parties, artistic interventions in public space, rave parties and festivals. The trailer has been a home of the owners for years (before Banksy paint it and after that), and it has been seen around the United Kingdom at various events, festivals and free parties.

  • digard paris auction analysis

The Overview of Digard Paris Urban Contemporary Art Auction

Out of 166 lots offered at Digard Paris Urban Contemporary Art Auction, 119 were sold, or 71.7 percent of the lots. Twenty-nine lots, or 24.4 percent, were sold over high estimate as opposed to 23 lots, or 19.3 percent, sold under low estimate. In range of estimated values more than half of the lots were sold – 67. The highest hammer price was seen in the sale of Banksy and Inkie collaboration piece Silent Majority for a staggering $556.085. Average hammer price of the auction has settled at $11.571 and median hammer was at $3.337 (this means that the same number of lots were sold for more than $3.337 and for less than $3.337). The difference between average hammer price and median was -71.2 percent, which means that a lot more of artwork went for the price smaller than $3.337. Beside Banksy and Inkie scoring a surreal hammer price, we have seen a couple of more nice digits: Banksy’s Flying Copper for $161.265 and US Map from Futura 2000 for $46.711.

Scroll down to see the best and the worst performing lots of Digard Paris Urban Contemporary Art Auction.

digard paris auction analysis
Seen – Bubble Painting, 2013, (lot 109) Estimated from $2.780 to $3.893 and sold for a bit disappointing 2.224, staying under the low estimate for 20 percent.
digard paris auction analysis
Left: Shepard Fairey – Universal Parenthood HPM, 2013, (lot 84) Estimated from $4.449 to $6.673 and sold for $10.454 with a hammer high estimate difference of 56.7 percent. / Right: JonOne – Composition, 2013, (lot 145) Estimated from $10.010 to $11.122 and sold for $8.341.
digard paris auction analysis
Left: Jef Aerosol – Sid Vicious, 2012, (lot 133) Estimated from $890 to $1.335. Sold for 2.224. / Right: Speedy Graphito – Color, 2014, (lot 100) Estimated from $1.112 to $1.668 and sold for $2.780.
digard paris auction analysis
Left: Inkie – Lady In The Woods, 2015, (lot 115) Estimated from $2.224 to $2.780 and sold for $4.671. / Right: Levalet – Mise en boite, 2013, (lot 136) Estimated from $1.335 to $1.779. Had its hammer price at $2.669.
digard paris auction analysis
Left: Banksy – Stop And Search, 2007, (lot 12) Estimated from $6.673 to $8.897. Sold for 19.463 achieving hammer high estimate difference of 118.8 percent. / Right: C215 – Dreaming, 2008, (lot 122) Estimated from $3.337 to $5.561, while the hammer price was at $2.780.
digard paris auction analysis
Left: Banksy – Flying Copper, 2003, (lot 80) Estimated from $113.460 to $166.826 and with hammer price of $161.265 this piece settled as the second highest bid of the auction. / Right: Biserama – Urban Mandama, 2013, (lot 87) Estimated from $5.561 to $8.897. Sold for $4.449.
digard paris auction analysis
FUTURA 2000 – US Map, 1984, (lot 53) Estimated from $22.243 to $27.804. The final price of this lot was settled at $46.711 and topped the high estimated value for 68 percent.
digard paris auction analysis
COPE2 – Train Miniature, 2015, (lot 41) Estimated from $556 to $890. Had its hammer price at $2.669 and achieved hammer high estimate difference of 199.9 percent.
digard paris auction analysis
COPE2 – MTH Conley Island D Model Train, 2012, (lot 42) Estimated from $278 to $556 and sold for $834 with a hammer high estimate difference of 50 percent.
digard paris auction analysis
Comet – Train, (lot 45) Estimated from $1.112 to $2.224 and sold for only $890, 20 percent lower than the low estimate.
digard paris auction analysis
C215 – Riot Scene, 2008, (lot 148) Estimated from $3.337 to $5.561 with a hammer price of 2.780.
digard paris auction analysis
Banksy and Inkie – Silent Majority, 1998, (lot 81) Estimated from $444.868 to $667.302. With the final price of $556.085 this lot came into the spotlight as the most expensive artwork of this auction.
  • digard paris auction analysis

Digard Paris Urban Contemporary Art Auction In Details

Please, scroll down to find out more about each lot that was auctioned at Digard Paris Urban Contemporary Art Auction – find out their estimated values, hammer prices and find out which lots weren’t sold.

Lot No.Artist NameArtwork NameLow Estimate $High Estimate $Hammer Price $Hammer High Estimate Difference [%]Hammer Low Estimate Difference [%]
1Invader Home Earth2,2243,3373,114-6.740
2Nick Walker The Morning After - London2,2243,3373,89316.775
3Blek Le Rat Man Who Walks Through Walls, 20074,4496,6734,004-40-10
4Cope2 Truth Bubble, 20122,2244,4493,337-2550
5Pro 176 Mecanik portal, 20142,2243,3372,002-40-10
6Pure Evil Millers Nightmare, 20123,3375,561Not SoldNot SoldNot Sold
7Roa Red Kangaroo Skull, 20114,4496,673Not SoldNot SoldNot Sold
8Monkey Bird Sans Titre, 20148901,3351,89141.6112.5
9Alexone Dizac Crocorange, 20116671,001890-11.133.4
10Vinz Feel Free Oil spill on golden pond, 20152,7803,8933,448-11.424
11Swoon Thalassa, 20104,2264,6714,115-11.9-2.6
12Banksy Stop and Search6,6738,89719,463118.8191.7
13Retna Eastern realm (version or), 20141,6682,780Not SoldNot SoldNot Sold
14Inkman Sidibou, 20152,7803,8932,780-28.60
15Jef Aerosol Hope, 20096,6738,8978,675-2.530
16Jef Aerosol John Lennon, 20123,3373,8933,337-14.30
17Shepard Fairey Propaganda n°1 - HPM2,7803,8932,780-28.60
18Sun7 Mandela, 20144,4497,785Not SoldNot SoldNot Sold
19C215 Sans titre8901,335890-33.30
20Miss Tic Délivrez Moi Du Mâle, 20105,5617,7857,118-8.628
21Kurar Plages propres, 20153,8935,005Not SoldNot SoldNot Sold
22Nick Walker Vandal V The Arc, 20156,6738,89712,23437.583.3
23Keith Haring Icons #3 Barking Dog13,34616,683Not SoldNot SoldNot Sold
24Banksy Flag on Formica - Silver14,45816,68315,014-103.8
25Banksy Radar Rat33,36538,92641,1505.723.3
26Elbow Toe - Brian Adam Douglas Reversal of Fortune, 20082,2243,337Not SoldNot SoldNot Sold
27Ben Eine Outrageously, 20135,5616,6735,561-16.70
28Gum Dessine-moi une bombe, 20147791,001890-11.114.2
29Jonone Kay Dogg Blue Brush Strokes, 200420,01927,80420,019-280
30Katrin Fridriks Moonwalk, 201311,12216,683Not SoldNot SoldNot Sold
31Swoon Dawn & Emma, 20143,3375,5615,005-1050
32Shepard Fairey Ride The Lightening HPM, 20113,3375,5613,337-400
33Damien Hirst The Souls IV - Fuchsia Pink5,5616,673Not SoldNot SoldNot Sold
34Damien Hirst The Souls IV - Raven Black5,5616,673Not SoldNot SoldNot Sold
35Shepard Fairey Andre Hendrix, 2006, Unique20,01924,468Not SoldNot SoldNot Sold
36Jeff Koons Pink Bow11,12213,346Not SoldNot SoldNot Sold
37Retna Shadows of Light, 201220,01924,46830,02922.750
38Œuvre Collective - Eyone - Rolex - Rcf - Noar - Plume 8,89713,3468,897-33.30
39Sharp Train8901,3351,335050
40Cope2 Train Miniature Métallique, 20155568901,00112.580
41Cope2 Train Miniature Métallique, 20155568902,669199.9380
42Poem MTH Conley Island D Model Train, 201227855683450200
43Henry Chalfant Façade de train6671,335Not SoldNot SoldNot Sold
44Henry Chalfant Façade de train6671,335Not SoldNot SoldNot Sold
45Comet Train1,1122,224890-60-20
46Non Venu Comet FAçade de train1,1122,224Not SoldNot SoldNot Sold
47Blade Mardi Gras In the Boogie Down, Bronx, 19983,3374,4494,226-526.6
48Revs Book #1, 19931,6682,2249,120310.1446.8
49Futura 2000 Sans titre5567791,11242.7100
50Taki 183 Sans titre5,5617,7855,895-24.36
51Futura 2000 Untitled, 200810,01016,68310,232-38.72.2
52A-One Sans titre, 199010,01012,23410,566-13.65.6
53Futura 2000 Us Map, 198422,24327,80446,71168110
54Charlie Ahearn Zephir painting int yard, 1980667890779-12.516.8
55Charlie Ahearn Herouin kills train by Dondi, Zephir, Charlie A, 1981667890779-12.516.8
56Charlie Ahearn Dondi White, zoro piece, 19816678901,00112.550.1
57Slave-One Tf5 Sans titre, 20105,5618,897Not SoldNot SoldNot Sold
58Blade BLade - train, 20106,6738,897Not SoldNot SoldNot Sold
59Noc 167 Melvin Samuel Jr, 20085,5618,897Not SoldNot SoldNot Sold
60Noc 167 Melvin Samuel Jr, 20085,5618,897Not SoldNot SoldNot Sold
61Blade Refresh, 20121,1123,3371,223-63.410
62Seen Bubble Painting, 20132,7803,3373,5596.728
63A-One The Last Draw of Ancient, 19898901,3351,4468.362.5
64Duo Sans titre, 2013445667445-33.30
65John Crash Matos Tin Machine, 20098,89711,12212,2341037.5
66Comet Silver Cloud, 19712,2243,3372,002-40-10
67Sharp Come out and play4,4496,6734,449-33.30
68Swoon Ben # 12, 20123,3375,561Not SoldNot SoldNot Sold
69Shepard Fairey Attack in Black - HPM, 201113,34616,68313,902-16.74.2
70Shepard Fairey Obey WK flyer, HPM - 200711,12216,68311,678-305
71Banksy Very Little Helps, 20088,89711,12215,5704075
72Daleast Defoliation - R, 201510,01013,34617,23929.272.2
73Shepard Fairey Stereo Hi Fidelity - HPM3,8935,5613,893-300
74Shepard Fairey Make Art Not War - HPM, 20133,8935,5613,893-300
75Swoon Kmayura #2, 20135,5617,7855,561-28.60
76Shepard Fairey Lotus Women HPM, 201311,12216,683Not SoldNot SoldNot Sold
77Mark Jenkins Hoodie Bust - White Series, 20145,0057,2296,451-10.828.9
78Shepard Fairey Lotus, 2013, UNIQUE27,80433,36525,580-23.3-8
79Conor Harrington Sans titre33,36544,48733,365-250
80Banksy Flying Copper, 2003133,460166,826161,265-3.320.8
81Banksy & Inkie Silent Majority, 1998444,868667,302556,085-16.725
82Rone Falling Star, 20152,7803,8933,337-14.320
83Nebay Classique mais c'est trop bas pour un débat2,7803,8932,780-28.60
84Shepard Fairey Universal Parenthood HPM, 20134,4496,67310,45456.7135
85Conor Harrington Death in the Afternoon Study I - II - III, (3 works)22,24333,365Not SoldNot SoldNot Sold
86Levalet Sans titre, 20132,7803,893Not SoldNot SoldNot Sold
87Biserama Urban Mandama, 20135,5618,8974,449-50-20
88David De La Mano Pan Negro, 20152,7803,8934,2268.652
89L'Atlas Sans titre, 20103,1143,5593,114-12.50
90Bom K Hello Monster8901,3351,112-16.724.9
91Vinz Feel Free Shut your beck and kiss me, 2015 2,2243,3372,780-16.725
92Titi From Paris Composition8901,112779-29.9-12.5
93Shepard Fairey Friend Rocker, 2011, UNIQUE4,4496,6734,226-36.7-5
94Shepard Fairey The Death, UNIQUE5,5616,6735,561-16.70
95Hush Vices (diptych), 20085,5617,785Not SoldNot SoldNot Sold
96Alexone Dizac La Folie Des Grandeurs, 20043,3374,4493,337-250
97Cope2 Foolish Games, 20132,2244,449Not SoldNot SoldNot Sold
98Above Flèche Bob Marley, 20127791,0011,22322.257
99Jonone Sans titre, 20133,8935,0057,22944.485.7
100Speedy Graphito Color, 20141,1121,6682,78066.7150
101Seen 0720 Mad transit, 20074,4496,673Not SoldNot SoldNot Sold
102Sobekcis Bird series 5, 20141,1121,6681,001-40-10
103Seen Sans titre, 2012445667612-8.237.5
104Seen Sans titre, 20124456678342587.4
105Smash 137 Kona Storm, 201216,68322,243Not SoldNot SoldNot Sold
106D*Face Chief Thunder Thud - Yellow, 20144,4496,6733,893-41.7-12.5
107Ben Eine Circus Love #3, 20124,4496,6735,005-2512.5
108Andrew Mcatee Holy SHH !, 20113,3375,5613,337-400
109Seen Bubble Painting, 20132,7803,8932,224-42.9-20
110Indie 184 So good, 20138901,112890-200
111Ivory Selling out 20122,2243,337Not SoldNot SoldNot Sold
112Nilko Djerbahood #13,3375,561Not SoldNot SoldNot Sold
113Dabro Le Sage3,8935,5613,893-300
114Fenx Suprême Danielle, 201411,12216,68312,234-26.710
115Inkie Lady In The Woods, 20152,2242,7804,67168110
116Dan 23 Chocolate Buttermilk1,1121,668Not SoldNot SoldNot Sold
117Borondo Sans titre3,1143,5593,337-6.27.2
118Mosko Les girafes1,1121,6681,335-2020.1
119C215 Baccho8,89713,3468,341-37.5-6.2
120Betz - Etam Cru Sleep Walker8,89713,346Not SoldNot SoldNot Sold
121C215 Bacchus, 20148,89713,346Not SoldNot SoldNot Sold
122C215 Dreaming, 20083,3375,5612,780-50-16.7
123Rourke Van Dal Mickey Mouth, 20131,1122,2241,001-55-10
124Stephane Moscato Autoportrait, 20101,1122,2242,002-1080
125Matt Small Frankyln, 20072,2243,337Not SoldNot SoldNot Sold
126Jim Starr 62 Pinup, 20132,2243,3372,002-40-10
127Static Window to the Soul - Wood, 20132,2243,3372,780-16.725
128Joachim Romain Akhenaton, 20151,6682,224Not SoldNot SoldNot Sold
129Mr Jago Crush Kill Destroy, 20081,1122,2241,112-500
130Nawer Beyond perfection spring, 2012445890445-500
131Non Venu Katrin Fridriks Golden Awareness (Blue Reflected)2,7803,337Not SoldNot SoldNot Sold
132Sun7 Sans titre, 20135,5617,785Not SoldNot SoldNot Sold
133Jef Aerosol Sid Vicious, 20128901,3352,22466.6149.9
134Shoof Sans titre3,3374,4493,893-12.516.7
135Sten & Lex Screamer4,2264,671Not SoldNot SoldNot Sold
136Levalet Mise en boite, 20131,3351,7792,6695099.9
138Ikon Ikon Capt a Zoo, 20112,7803,8932,669-31.4-4
139Ikon Bahman et Ikon Robin, 20095,5617,785Not SoldNot SoldNot Sold
140Faile NYC 76 Box4,4496,673Not SoldNot SoldNot Sold
141310Style wars, 2014,2,7803,8933,114-2012
142Ceet Jim Morisson, 20143,8934,4495,5612542.8
143Jana & Js We Will Always Be Together, 20131,1122,2242,2240100
144Reso Omar, 20152,2243,3372,224-33.40
145Jonone Composition, 201310,01011,1228,341-25-16.7
146Osch (Otto Schade)(Chilien, né en1971) You've Got The Power1,1121,6681,001-40-10
147Osch (Otto Schade)(Chilien, né en1971) Skulls Key, 20132,2243,3372,002-40-10
148C215 Riot Scene, 20083,3375,5612,780-50-16.7
149Wreckage Veronica (V1), 20151,6682,224Not SoldNot SoldNot Sold
150Nick Walker Mood board, 20034,4496,673Not SoldNot SoldNot Sold
151Vhils Out of your confort zone, 20101,6682,2242,113-526.7
152Philippe Bonan Sans titre, 20097791,001Not SoldNot SoldNot Sold
153Antony Micallef Face Study 48, 20083,8935,561Not SoldNot SoldNot Sold
154Kashink Happy anniversary, 20132,7803,893Not SoldNot SoldNot Sold
155Stinkfish Bangalore school girl, 20152,0022,7801,891-32-5.5
156Kongo Lo Hou, 20112,2243,3373,114-6.740
157Nasty 3,3374,4493,337-250
158Emil Ziokine SQUARED 602,2242,7802,224-200
159Bast Hat, 20114,4496,6735,005-2512.5
160Antony D'Amico Metal Clown, 20151,6682,2241,668-250
161Ripo Refuse Repurposed 5, 20151,1121,6681,001-40-10
162Sweet Toof One Million Years Before Christmas1,1122,224Not SoldNot SoldNot Sold
163D*Face Kitty, 20133,3375,5614,226-2426.6
164Olly Moss Sideshow bob, 20113,3374,449Not SoldNot SoldNot Sold
165Ian Francis Red Forest, 20094,4495,561Not SoldNot SoldNot Sold
166John Crash Matos Sans titre, 19968901,335890-33.30
167Iz The Wiz The Master Blaster and TMB Diptyque, 20065567798347.150
TOTAL:1,365,1361,920,5101,376,984-28.30.9
TOTAL (Sold lots):1,110,7811,559,0531,376,984-11.724
INDEXRESULT
Total number of lots:166
Number of sold lots:119
Sold lots [%]:71.7
Total [$]:1,376,984
Number of sold lots over high estimate:29
Over high estimate (Total) [%]:17.5
Over high estimate (Sold) [%]:24.4
Number of sold lots in range of estimated values:67
In range of estimated values (Sold) [%]:56.3
Number of sold lots under low estimate:23
Under low estimate (Sold) [%]:19.3
Results were under estimate spread of [%]:28.9
Max Hammer [$]:556,085
Average Hammer [$]:11,571
Median Hammer [$]:3,337
Median Hammer Average Hammer Difference [%]:-71.2

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