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January 1970
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by Deleted on Nov 20, 2009 15:56:53 GMT 1, www.bonhams.com/cgi-bin/public.sh/pubweb/publicSite.r
Lot No: 221
Andy Warhol (American, 1928-1987)
Marilyn Monroe (Feldman & Schellmann II.29)
Screenprint, 1967, printed in colours, on wove, signed in pencil and numbered 184/250 with a rubber stamp verso, printed by Aetna Silkscreen Products, Inc. New York, published by Factory Editions, New York, 914 x 914mm (36 x 46in)(SH)
Estimate: ยฃ40,000 - 60,000
www.bonhams.com/cgi-bin/public.sh/pubweb/publicSite.rLot No: 221 Andy Warhol (American, 1928-1987) Marilyn Monroe (Feldman & Schellmann II.29) Screenprint, 1967, printed in colours, on wove, signed in pencil and numbered 184/250 with a rubber stamp verso, printed by Aetna Silkscreen Products, Inc. New York, published by Factory Editions, New York, 914 x 914mm (36 x 46in)(SH) Estimate: ยฃ40,000 - 60,000
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Pattycakes
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June 2007
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by Pattycakes on Nov 20, 2009 18:22:01 GMT 1, over estimated by 15,000. Condition not good either... there really is nothing of note in this sale
over estimated by 15,000. Condition not good either... there really is nothing of note in this sale
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lee3
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by lee3 on Nov 20, 2009 18:55:50 GMT 1, over estimated by 15,000. Condition not good either... there really is nothing of note in this sale
You think so? I concur that the Marilyn offered at Bonhams is one of the less desirable of the 10 from the complete portfolio but I think the estimate is fair even if that is in terrible condition (it looks fine to me on the flash piece but I haven't asked for a condition report). None of the Marilyn prints have been bought in for ages principally because it is Warhol's most desired multiple. The same image (though one that looks to the naked eye to be in far worse shape) sold for $32k back in May when the market was still struggling. But, Warhol came screaming back to life this past month and now prices for everything are up DRAMATICALLY in just a week. I don't think this will have any problem finding a buyer. Some recent sales (and this before 200 dollar bills brought Warhol speculation back with a fevered pitch) :
Andy Warhol
Title Marilyn Monroe
Description Screenprint in colors, 1967, signed in pencil on the verso, and stamp-numbered More ...
Medium screenprint in colors
Year of Work 1967
Size Height 36 in.; Width 36 in. / Height 91.4 cm.; Width 91.4 cm.
Edition 119/250
Cat. Rais. II.31, Feldman & Schellmann
Found./Pub. Factory Additions, pub.
Misc. Signed
Sale of Sotheby's New York: Thursday, October 29, 2009 [Lot 00232]
Prints
Estimate 120,000 - 180,000 US$
Sold For 158,500 US$ PREMIUM
Andy Warhol
Title Marilyn
Description ANDY WARHOLMarilyn: one plate (F. & S. II.24)screenprint in colors, More ...
Medium screenprint
Year of Work 1967
Size Height 36 in.; Width 36 in. / Height 91.4 cm.; Width 91.4 cm.
Edition AP aside from ed.250
Cat. Rais. II.24, Feldman & Schellmann
Found./Pub. Factory Additions, pub.
Misc. Signed
Sale of Christie's New York: Wednesday, October 28, 2009 [Lot 00404]
Prints & Multiples
Estimate 100,000 - 150,000 US$
Sold For 134,500 US$ PREMIUM
Andy Warhol
Title Marilyn
Description Screenprint in colours, 1967, signed in pencil and stamp-numbered 171/250 More ...
Medium color screenprint
Year of Work 1967
Size Height 36 in.; Width 36 in. / Height 91.4 cm.; Width 91.4 cm.
Edition 171/250
Cat. Rais. II.27, Feldman & Schellmann
Found./Pub. Factory Additions, pub.; Aetna Silkscreen Products Inc., prntr
Misc. Signed
Sale of Sotheby's London: Thursday, September 24, 2009 [Lot 00104]
Modern and Contemporary Prints
Estimate 30,000 - 40,000 BP (48,686 - 64,914 US$)
Sold For 46,850 BP (76,352 US$) PREMIUM
This one is on par wth the image at Bonhams:
Andy Warhol
Title Marilyn Monroe
Description Andy Warhol (1928-1987)Marilyn Monroe (F. & S. II.30)screenprint in colours, More ...
Medium color screenprint
Year of Work 1967
Size Height 35.9 in.; Width 36 in. / Height 91.2 cm.; Width 91.4 cm.
Edition proof aside from ed.250
Cat. Rais. II.30, Feldman & Schellmann
Found./Pub. Factory Additions, pub.
Misc. Signed, Inscribed, Stamped
Sale of Christie's London: Thursday, September 17, 2009 [Lot 00139]
Old Master, Modern & Contemporary Prints
Estimate 15,000 - 20,000 BP (24,354 - 32,472 US$)
Sold For 49,250 BP (81,485 US$) PREMIUM
This is the same image back in May before Warhol came roaring back to life at auction:
Andy Warhol
Title Marilyn Monroe (Marilyn)
Medium color silkscreen on cardboard
Year of Work 1967
Size Height 35.8 in.; Width 35.8 in. / Height 90.9 cm.; Width 90.9 cm.
Edition 66/250
Cat. Rais. II.29, Feldman/Schellmann/Defendi
Found./Pub. Factory Additions, pub.
Misc. Signed
Sale of Lempertz: Thursday, May 28, 2009 [Lot 00620]
Zeitgenรถssische Kunst und Photographie
Estimate 20,000 - 30,000 Euro (26,544 - 39,816 US$)
Sold For 23,000 Euro (32,029 US$) HAMMER
over estimated by 15,000. Condition not good either... there really is nothing of note in this sale You think so? I concur that the Marilyn offered at Bonhams is one of the less desirable of the 10 from the complete portfolio but I think the estimate is fair even if that is in terrible condition (it looks fine to me on the flash piece but I haven't asked for a condition report). None of the Marilyn prints have been bought in for ages principally because it is Warhol's most desired multiple. The same image (though one that looks to the naked eye to be in far worse shape) sold for $32k back in May when the market was still struggling. But, Warhol came screaming back to life this past month and now prices for everything are up DRAMATICALLY in just a week. I don't think this will have any problem finding a buyer. Some recent sales (and this before 200 dollar bills brought Warhol speculation back with a fevered pitch) : Andy Warhol Title Marilyn Monroe Description Screenprint in colors, 1967, signed in pencil on the verso, and stamp-numbered More ... Medium screenprint in colors Year of Work 1967 Size Height 36 in.; Width 36 in. / Height 91.4 cm.; Width 91.4 cm. Edition 119/250 Cat. Rais. II.31, Feldman & Schellmann Found./Pub. Factory Additions, pub. Misc. Signed Sale of Sotheby's New York: Thursday, October 29, 2009 [Lot 00232] Prints Estimate 120,000 - 180,000 US$ Sold For 158,500 US$ PREMIUM Andy Warhol Title Marilyn Description ANDY WARHOLMarilyn: one plate (F. & S. II.24)screenprint in colors, More ... Medium screenprint Year of Work 1967 Size Height 36 in.; Width 36 in. / Height 91.4 cm.; Width 91.4 cm. Edition AP aside from ed.250 Cat. Rais. II.24, Feldman & Schellmann Found./Pub. Factory Additions, pub. Misc. Signed Sale of Christie's New York: Wednesday, October 28, 2009 [Lot 00404] Prints & Multiples Estimate 100,000 - 150,000 US$ Sold For 134,500 US$ PREMIUM Andy Warhol Title Marilyn Description Screenprint in colours, 1967, signed in pencil and stamp-numbered 171/250 More ... Medium color screenprint Year of Work 1967 Size Height 36 in.; Width 36 in. / Height 91.4 cm.; Width 91.4 cm. Edition 171/250 Cat. Rais. II.27, Feldman & Schellmann Found./Pub. Factory Additions, pub.; Aetna Silkscreen Products Inc., prntr Misc. Signed Sale of Sotheby's London: Thursday, September 24, 2009 [Lot 00104] Modern and Contemporary Prints Estimate 30,000 - 40,000 BP (48,686 - 64,914 US$) Sold For 46,850 BP (76,352 US$) PREMIUM This one is on par wth the image at Bonhams: Andy Warhol Title Marilyn Monroe Description Andy Warhol (1928-1987)Marilyn Monroe (F. & S. II.30)screenprint in colours, More ... Medium color screenprint Year of Work 1967 Size Height 35.9 in.; Width 36 in. / Height 91.2 cm.; Width 91.4 cm. Edition proof aside from ed.250 Cat. Rais. II.30, Feldman & Schellmann Found./Pub. Factory Additions, pub. Misc. Signed, Inscribed, Stamped Sale of Christie's London: Thursday, September 17, 2009 [Lot 00139] Old Master, Modern & Contemporary Prints Estimate 15,000 - 20,000 BP (24,354 - 32,472 US$) Sold For 49,250 BP (81,485 US$) PREMIUM This is the same image back in May before Warhol came roaring back to life at auction: Andy Warhol Title Marilyn Monroe (Marilyn) Medium color silkscreen on cardboard Year of Work 1967 Size Height 35.8 in.; Width 35.8 in. / Height 90.9 cm.; Width 90.9 cm. Edition 66/250 Cat. Rais. II.29, Feldman/Schellmann/Defendi Found./Pub. Factory Additions, pub. Misc. Signed Sale of Lempertz: Thursday, May 28, 2009 [Lot 00620] Zeitgenรถssische Kunst und Photographie Estimate 20,000 - 30,000 Euro (26,544 - 39,816 US$) Sold For 23,000 Euro (32,029 US$) HAMMER |
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Pattycakes
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June 2007
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by Pattycakes on Nov 20, 2009 19:54:57 GMT 1, Whilst I agree that the market is stronger for Warhol at the moment, selling Warohl at Christie's and Sotheby's is frankly 100 easier than at Bonham's. They have little to no track record of selling Warhol, and so the buyers with the deep pockets who know to look at Christoby's just don't follow the Bonham's sales. Also the Bonham's mailing list isn't a patch on the Bond St, and King St lists, so their catalogues are just not going to fall in to the right laps. I could be wrong, perhaps it'll sell, but at 30K they'd have surely found a buyer, at 40K for a not that deisrable colourway they are going to struggle.
Whilst I agree that the market is stronger for Warhol at the moment, selling Warohl at Christie's and Sotheby's is frankly 100 easier than at Bonham's. They have little to no track record of selling Warhol, and so the buyers with the deep pockets who know to look at Christoby's just don't follow the Bonham's sales. Also the Bonham's mailing list isn't a patch on the Bond St, and King St lists, so their catalogues are just not going to fall in to the right laps. I could be wrong, perhaps it'll sell, but at 30K they'd have surely found a buyer, at 40K for a not that deisrable colourway they are going to struggle.
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by griffermans on Nov 20, 2009 20:02:58 GMT 1, Whilst I agree that the market is stronger for Warhol at the moment, selling Warohl at Christie's and Sotheby's is frankly 100 easier than at Bonham's. They have little to no track record of selling Warhol, and so the buyers with the deep pockets who know to look at Christoby's just don't follow the Bonham's sales. Also the Bonham's mailing list isn't a patch on the Bond St, and King St lists, so their catalogues are just not going to fall in to the right laps. I could be wrong, perhaps it'll sell, but at 30K they'd have surely found a buyer, at 40K for a not that deisrable colourway they are going to struggle.
Bonhams are one of the big three! This WILL EASILY find a buyer.
Whilst I agree that the market is stronger for Warhol at the moment, selling Warohl at Christie's and Sotheby's is frankly 100 easier than at Bonham's. They have little to no track record of selling Warhol, and so the buyers with the deep pockets who know to look at Christoby's just don't follow the Bonham's sales. Also the Bonham's mailing list isn't a patch on the Bond St, and King St lists, so their catalogues are just not going to fall in to the right laps. I could be wrong, perhaps it'll sell, but at 30K they'd have surely found a buyer, at 40K for a not that deisrable colourway they are going to struggle. Bonhams are one of the big three! This WILL EASILY find a buyer. |
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Pattycakes
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June 2007
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by Pattycakes on Nov 20, 2009 22:06:16 GMT 1, Actually in terms of Art I would say they are number four after PdeP. And when it comes to prints, they are way behind. In the London auctions, in terms of annual turnover for prints you have in order Christie's King Street, Sotheby's, Bloomsbury Auctions, Christie's South Kensington and then Bonham's. Xtie's King St. and Sotheby's switch place every now and then, the three after that have been in that order the past 5 years or there abouts. In the past 6 years Bonham's London have offered 49 Warhol prints, and sold fewer than 20 - they are going to struggle, plain and simple.
Will they sell it? Hmm maybe though I suspect not.
Actually in terms of Art I would say they are number four after PdeP. And when it comes to prints, they are way behind. In the London auctions, in terms of annual turnover for prints you have in order Christie's King Street, Sotheby's, Bloomsbury Auctions, Christie's South Kensington and then Bonham's. Xtie's King St. and Sotheby's switch place every now and then, the three after that have been in that order the past 5 years or there abouts. In the past 6 years Bonham's London have offered 49 Warhol prints, and sold fewer than 20 - they are going to struggle, plain and simple.
Will they sell it? Hmm maybe though I suspect not.
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lee3
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November 2009
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by lee3 on Nov 20, 2009 22:49:19 GMT 1, >>>Actually in terms of Art I would say they are number four after PdeP<<<
I think most would agree that Bonhams is 3rd and Pdp is 4th given that Bonhams does about 3X the revenue that Pdp does on average. However, to your point, Pdp certainly offer far better Warhol's than Bonhams which is something I've never understood to be honest. As to % sales with Warhol editions, do you think that is very important? I don't because personally I think many/most of his prints leave a lot to be desired. The Marilyn's are different in that they are the most desired and many are far more expensive than some of his drawings or canvases. In this case, I don't believe the house has to do much at all to sell that work- it sells itself.
>>>Actually in terms of Art I would say they are number four after PdeP<<<
I think most would agree that Bonhams is 3rd and Pdp is 4th given that Bonhams does about 3X the revenue that Pdp does on average. However, to your point, Pdp certainly offer far better Warhol's than Bonhams which is something I've never understood to be honest. As to % sales with Warhol editions, do you think that is very important? I don't because personally I think many/most of his prints leave a lot to be desired. The Marilyn's are different in that they are the most desired and many are far more expensive than some of his drawings or canvases. In this case, I don't believe the house has to do much at all to sell that work- it sells itself.
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Pattycakes
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June 2007
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by Pattycakes on Nov 20, 2009 23:17:03 GMT 1, I do think it's important with % sales, Bonham's are not experienced in offering works of this nature, so they don't have the client list to contact to get the work sold. Effectively the are relying on people finding the sale, through advertising and word of mouth. That may be enough, though I suspect it wont be. At ยฃ30,000-50,000 the print was a good buy, at ยฃ40,000 it's not cheap and I think people will stay away. Frankly a ยฃ40-60 estimate is right for the Pink and Black at the moment only, i'd not put a higher estimate on either right now.
I do think it's important with % sales, Bonham's are not experienced in offering works of this nature, so they don't have the client list to contact to get the work sold. Effectively the are relying on people finding the sale, through advertising and word of mouth. That may be enough, though I suspect it wont be. At ยฃ30,000-50,000 the print was a good buy, at ยฃ40,000 it's not cheap and I think people will stay away. Frankly a ยฃ40-60 estimate is right for the Pink and Black at the moment only, i'd not put a higher estimate on either right now.
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lee3
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November 2009
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chester
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by chester on Dec 15, 2009 23:46:06 GMT 1, I agree with Printguru the estimate was to high and this was justified in that the piece sold under estimate. Quite often auction houses will put there most expensive print (or most overpriced!?) on the front cover to give it the most exposure and best chance of it selling. Usually the front cover increases the chance of a work selling and generally it sells for more so I think the Marilyn was a little high. To be honest it was a small sale for what should be a big December sale; It is a tough time to get good consignemts though.
I agree with Printguru the estimate was to high and this was justified in that the piece sold under estimate. Quite often auction houses will put there most expensive print (or most overpriced!?) on the front cover to give it the most exposure and best chance of it selling. Usually the front cover increases the chance of a work selling and generally it sells for more so I think the Marilyn was a little high. To be honest it was a small sale for what should be a big December sale; It is a tough time to get good consignemts though.
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Deleted
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January 1970
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lee3
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November 2009
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by lee3 on Dec 15, 2009 23:59:43 GMT 1, >>>I agree with Printguru the estimate was to high and this was justified in that the piece sold under estimate<<<
? You mean it was bid under estimate as it sold within the estimate range (40-60k). The estimte is a sale price and anyone bidding 34k knows that they're paying over 40 if they win, which they did in this case. Obviously the reserve was below the low estimate which is common these days.
>>>I agree with Printguru the estimate was to high and this was justified in that the piece sold under estimate<<<
? You mean it was bid under estimate as it sold within the estimate range (40-60k). The estimte is a sale price and anyone bidding 34k knows that they're paying over 40 if they win, which they did in this case. Obviously the reserve was below the low estimate which is common these days.
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Winter
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Bohams Sale- Prints New Bond Street, 15 Dec 2009 , by Winter on Dec 16, 2009 0:37:55 GMT 1, See the Hirst Opium went for ยฃ5400. Still thinking of selling mine. Auction or private? Any thoughts?
See the Hirst Opium went for ยฃ5400. Still thinking of selling mine. Auction or private? Any thoughts?
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