Auction Preview — Analytical Insights — Sotheby's NEW YORK: Prints and Multiples — April 26 - 27, 2018
BY BLOUIN ARTINFO | APRIL 26, 2018
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OVERVIEW
Sotheby’s New York upcoming auction of Prints & Multiples April 26 - 27, 2018, will feature important work by noteworthy artists of the past 150 years. Highlights include: “Flags I,” Jasper Johns’ richly layered 1973 screenprint, presenting an iconic image within the artist’s oeuvre in its most striking graphic form; a monumental screenprint on linen, “Oceanie, la mer,” Henri Matisse’s largest-scale, editioned piece and a brilliant example of his use of “cut-outs”; Andy Warhol’s beloved “Flowers,” a powerful wall of color that is his 1970 portfolio of 10; and “Baby Charles Looking Over His Mother’s Shoulder (No. 2),” Mary Cassatt’s unique pastel counterproof, portraying the artist’s extraordinary ability to capture maternal love.
At the same auction last year, Sotheby’s New York Prints & Multiples realized a total sale of $10.7 million with 381 lots. This year, the auction is expected to realize a sale of between $5.5 million and $8 million and there are 167 works of 65 artists on offer. Blouin Artinfo takes this opportunity to present numerical insights of this upcoming auction.
1. Past Auctions at a glance:
This sale in the past seven years has been in the range of $7.5 million to $11 million and the total lots on offer were about 300 lots. In 2017, out of 381 lots on offer, 16 percent lots were bought-ins. This year, we expect the sale to surpass last year’s total.
Performance of Top Artists (in this sale) in the Past 3 years
Andy Warhol was the top artist of 2017 sale, realizing a total sale of $3.2 million with 31 lots. The sale performance of the top artists in the past 3 years is shown in the graph above.
2. Upcoming Auction on April 27, 2018
2.1 # of Lots on Offer in various estimated low-price bands (in USD).
Most (80) of the artworks in this sale are offered in the low estimated price band of less than $10K. There are about 6 lots (4 artists) in this auction that are expected to sell in the price range $100K to $1 million.
3. Top Artists on Offer by Estimated Sales
The graph above shows the top artists featuring in this auction, their number of lots on offer and expected sales (estimated low and high). Pablo Picasso has the most artworks (20) in this sale followed by Andy Warhol (18).
4. Top Artworks on Offer by Estimated Sales
Other top artworks on offer by estimated price (high and low) are presented in the graph below.
Jasper Johns’s “Flags I (Ulae 128)” is expected to be the top-selling artwork of this auction, estimated to sell for between $1 million and $1.5 million.
5. Sale of Similar Sized Artworks of the Top Artists
Andy Warhol: Sale Price of similar sized artworks in the Past 5 years (across all auctions)
“Flowers (F. & S. II.64-73)” by Andy Warhol is the expected top lot on offer, estimated to sell for between $700,000 and $1 million. The prices at which similar sized artworks (91 x 91 cm) of Andy Warhol sold in the past 5 years (2012 to 2017) are shown here.
Sotheby’s New York upcoming auction of Prints & Multiples April 26 - 27, 2018, will feature important work by noteworthy artists of the past 150 years. Highlights include: “Flags I,” Jasper Johns’ richly layered 1973 screenprint, presenting an iconic image within the artist’s oeuvre in its most striking graphic form; a monumental screenprint on linen, “Oceanie, la mer,” Henri Matisse’s largest-scale, editioned piece and a brilliant example of his use of “cut-outs”; Andy Warhol’s beloved “Flowers,” a powerful wall of color that is his 1970 portfolio of 10; and “Baby Charles Looking Over His Mother’s Shoulder (No. 2),” Mary Cassatt’s unique pastel counterproof, portraying the artist’s extraordinary ability to capture maternal love.
At the same auction last year, Sotheby’s New York Prints & Multiples realized a total sale of $10.7 million with 381 lots. This year, the auction is expected to realize a sale of between $5.5 million and $8 million and there are 167 works of 65 artists on offer. Blouin Artinfo takes this opportunity to present numerical insights of this upcoming auction.
1. Past Auctions at a glance:
This sale in the past seven years has been in the range of $7.5 million to $11 million and the total lots on offer were about 300 lots. In 2017, out of 381 lots on offer, 16 percent lots were bought-ins. This year, we expect the sale to surpass last year’s total.Performance of Top Artists (in this sale) in the Past 3 years
Andy Warhol was the top artist of 2017 sale, realizing a total sale of $3.2 million with 31 lots. The sale performance of the top artists in the past 3 years is shown in the graph above.2. Upcoming Auction on April 27, 2018
2.1 # of Lots on Offer in various estimated low-price bands (in USD).
Most (80) of the artworks in this sale are offered in the low estimated price band of less than $10K. There are about 6 lots (4 artists) in this auction that are expected to sell in the price range $100K to $1 million.3. Top Artists on Offer by Estimated Sales
The graph above shows the top artists featuring in this auction, their number of lots on offer and expected sales (estimated low and high). Pablo Picasso has the most artworks (20) in this sale followed by Andy Warhol (18).4. Top Artworks on Offer by Estimated Sales
Other top artworks on offer by estimated price (high and low) are presented in the graph below.
Jasper Johns’s “Flags I (Ulae 128)” is expected to be the top-selling artwork of this auction, estimated to sell for between $1 million and $1.5 million. 5. Sale of Similar Sized Artworks of the Top Artists
Andy Warhol: Sale Price of similar sized artworks in the Past 5 years (across all auctions)
“Flowers (F. & S. II.64-73)” by Andy Warhol is the expected top lot on offer, estimated to sell for between $700,000 and $1 million. The prices at which similar sized artworks (91 x 91 cm) of Andy Warhol sold in the past 5 years (2012 to 2017) are shown here.
Andy Warhol
Flowers (F. & S. II.64-73)
Signed in ball-point pen on the verso and stamp-numbered 183/250
Size: 91 x 91 cm
Medium: Screenprint in colors on J.B. Green paper
At one end of the spectrum, artworks of similar size (91 x 91 cm) have sold for as high as $38 million, and at the other end, there are others that have sold for as low as $233,000.
To view the top lots of this auction, click here
http://www.blouinartinfo.com
Founder: Louise Blouin
Flowers (F. & S. II.64-73)
Signed in ball-point pen on the verso and stamp-numbered 183/250
Size: 91 x 91 cm
Medium: Screenprint in colors on J.B. Green paper
At one end of the spectrum, artworks of similar size (91 x 91 cm) have sold for as high as $38 million, and at the other end, there are others that have sold for as low as $233,000.
To view the top lots of this auction, click here
http://www.blouinartinfo.com
Founder: Louise Blouin
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