{"id":28274,"date":"2017-12-07T16:51:16","date_gmt":"2017-12-07T21:51:16","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=28274"},"modified":"2024-01-04T08:44:52","modified_gmt":"2024-01-04T13:44:52","slug":"christies-old-master-sale-like-i-have-said-size-does-not-matter","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2017\/12\/christies-old-master-sale-like-i-have-said-size-does-not-matter\/","title":{"rendered":"Christie&#8217;s Old Master Sale: Like I Have Said, Size Does Not Matter"},"content":{"rendered":"<div id=\"attachment_28276\" style=\"width: 106px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/domenikos_theotokopoulos_called_el_greco_saint_francis_and_brother_leo.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-28276\" class=\"wp-image-28276 \" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/domenikos_theotokopoulos_called_el_greco_saint_francis_and_brother_leo-174x300.jpg\" alt=\"domenikos_theotokopoulos_called_el_greco_saint_francis_and_brother_leo-174x300\" width=\"96\" height=\"166\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/domenikos_theotokopoulos_called_el_greco_saint_francis_and_brother_leo-174x300.jpg 174w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/domenikos_theotokopoulos_called_el_greco_saint_francis_and_brother_leo-768x1325.jpg 768w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/domenikos_theotokopoulos_called_el_greco_saint_francis_and_brother_leo-594x1024.jpg 594w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/domenikos_theotokopoulos_called_el_greco_saint_francis_and_brother_leo.jpg 1855w\" sizes=\"(max-width: 96px) 100vw, 96px\" \/><\/a><p id=\"caption-attachment-28276\" class=\"wp-caption-text\">El Greco<\/p><\/div>\n<p>Tonight,\u00a0Christie&#8217;s presented their selection of Old Master works and if my calculations are correct, it seems to have been a\u00a0huge hit!<\/p>\n<p>Taking the top spot here was El Greco\u2019s <em>Saint Francis and Brother Leo in Meditation<\/em> which hammered at \u00a35.9M (\u00a36.87M w\/c \u2013 est. \u00a35-7M). In second we had a tie at \u00a32.8M (\u00a33.37M w\/c): Bartholom\u00e4us Spranger\u2019s <em>Mercury carrying Psyche to Mount Olympus<\/em> (est. \u00a34-600K) and Rembrandt\u2019s <em>Portrait of Petronella Buys<\/em> (est. \u00a31.5-2.5M) \u2013 both beating their estimates \u2026 one by a long shot! Rounding out the top five were Jacob van Ruisdael\u2019s <em>Sailing vessels in a stormy sea near a rocky coast<\/em> at \u00a31.2M (\u00a31.45M w\/c \u2013 crushing its \u00a33-500K estimate) and Ludolf Bakhuizen\u2019s <em>An extensive seascape with figures by a boat on a shore<\/em> at \u00a3550K (\u00a3669K w\/c \u2013 also crushing its \u00a380-120K estimate).<\/p>\n<div id=\"attachment_28275\" style=\"width: 169px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/bartholomaus_spranger_mercury_carrying_psyche_to_mount_olympus.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-28275\" class=\"wp-image-28275 \" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/bartholomaus_spranger_mercury_carrying_psyche_to_mount_olympus-300x213.jpg\" alt=\"bartholomaus_spranger_mercury_carrying_psyche_to_mount_olympus-300x213\" width=\"159\" height=\"113\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/bartholomaus_spranger_mercury_carrying_psyche_to_mount_olympus-300x213.jpg 300w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/bartholomaus_spranger_mercury_carrying_psyche_to_mount_olympus.jpg 563w\" sizes=\"(max-width: 159px) 100vw, 159px\" \/><\/a><p id=\"caption-attachment-28275\" class=\"wp-caption-text\">Bartholom\u00e4us Spranger<\/p><\/div>\n<p>The theme for\u00a0the sale was: Soar or Go Home. Of the 36 lots in the sale, 1 was withdrawn and 27 sold (77.1% sell-through rate) \u2026 a bit weaker than the Sotheby\u2019s sale \u2026 and the total take was \u00a318.15M (\u00a321.77M w\/c &#8211; low end of their presale estimate range was just \u00a312.34M \u2013 so they crushed it). Of those 27 sold works, 21 were above, 3 within and 3 below their estimate range. Adding in the 8 unsold works that gives them an accuracy rate of only 8.5%. I doubt that really mattered to most since more than 60 of the works beat their estimates &#8230; and many in a big way. \u00a0The top three works accounted for \u00a311.5M (\u00a313.61M), or 62.5%, of the sale&#8217;s total. So, while they did have that one big one,\u00a0they also had plenty of smaller ones that checked all the boxes in terms of quality, condition, etc. Nice going!<\/p>\n<div id=\"attachment_28277\" style=\"width: 141px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/rembrandt_harmensz_van_rijn_portrait_of_petronella_buys_bust-length.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-28277\" class=\"wp-image-28277 \" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/rembrandt_harmensz_van_rijn_portrait_of_petronella_buys_bust-length-238x300.jpg\" alt=\"rembrandt_harmensz_van_rijn_portrait_of_petronella_buys_bust-length-238x300\" width=\"131\" height=\"165\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/rembrandt_harmensz_van_rijn_portrait_of_petronella_buys_bust-length-238x300.jpg 238w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/rembrandt_harmensz_van_rijn_portrait_of_petronella_buys_bust-length-109x138.jpg 109w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/12\/rembrandt_harmensz_van_rijn_portrait_of_petronella_buys_bust-length.jpg 317w\" sizes=\"(max-width: 131px) 100vw, 131px\" \/><\/a><p id=\"caption-attachment-28277\" class=\"wp-caption-text\">Rembrandt<\/p><\/div>\n<p>Last night Sotheby\u2019s offered up 50 works, sold 41 and generated 25.05M. Tonight, Christie\u2019s almost matched that total with 15 fewer lots. See, size doesn\u2019t always matter \u2013 slim and trim is the way to go!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tonight,\u00a0Christie&#8217;s presented their selection of Old Master works and if my calculations are correct, it seems to have been a\u00a0huge hit! Taking the top spot here was El Greco\u2019s Saint Francis and Brother Leo in Meditation which hammered at \u00a35.9M &hellip; <a href=\"https:\/\/rehs.com\/eng\/2017\/12\/christies-old-master-sale-like-i-have-said-size-does-not-matter\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":21,"featured_media":28275,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[134,20,11,9],"class_list":["post-28274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-galleries","category-rehs-contemporary","tag-auction-records","tag-auction-results","tag-rehs-contemporary-news","tag-rehs-galleries-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Christie&#039;s Old Master Sale: Like I Have Said, Size Does Not Matter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2017\/12\/christies-old-master-sale-like-i-have-said-size-does-not-matter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Christie&#039;s Old Master Sale: Like I Have Said, Size Does Not Matter\" \/>\n<meta property=\"og:description\" content=\"Tonight,\u00a0Christie&#8217;s presented their selection of Old Master works and if my calculations are correct, it seems to have been a\u00a0huge hit! 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