Christie's - Old Master and European Paintings from a Private Collection - Selling Without Reserve

May 23rd, 2024 - New York

Christie's - Old Master and European Paintings from a Private Collection - Selling Without Reserve

Executive Summary

The Christie's auction, "Old Master and European Paintings from a Private Collection - Selling Without Reserve" achieved a notable sell-through rate of 98.1%, with 52 out of 53 lots successfully sold. Despite a high sell-through rate, the total hammer price of $1.4 million fell short of the total median estimate of $1.5 million, resulting in a hammer ratio of 92.1%. The auction's robust performance in terms of lots sold indicates strong demand, although the hammer prices were generally below pre-auction estimates, reflecting a cautious bidding environment.

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