Ad Reinhardt
Red Painting, 1950
Found at
Christies,
New York
Post-War & Contemporary Art Day Sale, Featuring The Collection of Morton and Barbara Mandel, Lot 103
3. Dec - 3. Dec 2020
Post-War & Contemporary Art Day Sale, Featuring The Collection of Morton and Barbara Mandel, Lot 103
3. Dec - 3. Dec 2020
Estimate: 700.000 - 1.000.000 USD
Price realised: 1.050.000 USD
Price realised: 1.050.000 USD
Description
Estate of the artist | Marlborough Gallery, Inc., New York | Mr. and Mrs. Gilbert H. Kinney, Washington D.C., 1977 | Pace Gallery, New York | Acquired from the above by the late owners, 1994
Upper estimated price slightly exceeded
In December 2020 Christies in New York held the auction Post-War & Contemporary Art Day Sale, Featuring The Collection of Morton and Barbara Mandel, which included the work Red Painting, 1950 by Ad Reinhardt. Here, the upper estimate of USD 1,000,000.00 was slightly exceeded - the artwork found a new owner for USD 1,050,000.00 (€ 858,544.56). Admittedly, works by Ad Reinhardt have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Abstract Painting, Blue, 1953 in November 2014 with an auction result of USD 4,981,000.00 (€ 4,004,663.13).
Oberer Schätzpreis leicht übertroffen
Im Dezember 2020 führte Christies in New York die Auktion Post-War & Contemporary Art Day Sale, Featuring The Collection of Morton and Barbara Mandel durch, in der auch die Arbeit Red Painting, 1950 von Ad Reinhardt zur Versteigerung kam. Dabei wurde der obere Schätzpreis von USD 1.000.000,00 leicht übertroffen – das Kunstwerk fand für USD 1.050.000,00 (€ 858.544,56) einen neuen Besitzer. Freilich wurden Arbeiten von Ad Reinhardt auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Abstract Painting, Blue, 1953 im November 2014 mit einem Auktionsergebnis von USD 4.981.000,00 (€ 4.004.663,13).
Ad Reinhardt - Auction history
Other artists in this auction
