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Adolph Gottlieb - Mood Indigo

Adolph Gottlieb

Mood Indigo

Found at Bonhams
Post-War & Contemporary Art, Lot 42
18. May - 18. May 2023
Estimate: XX.XXX
Price realised: XX.XXX
PROPERTY FROM AN IMPORTANT PRIVATE COLLECTION, FAR HILLS, NEW JERSEY
ADOLPH GOTTLIEB (1903-1974)
Mood Indigo
1946
signed and dated 1946; signed, titled and dated 1946 on the reverse
gouache, watercolor and pencil on paper
25 1/2 by 19 1/2 in.
64.8 by 49.5 cm.
Kootz Gallery, New York | Private Collection of Lee Kingsley, New York | Sale: Christie's, New York, Post-War and Contemporary Art, 8 November 1989, Lot 102 | Waddington Galleries, London | Private Collection | Sale: Christie's, New York, Post-War and Contemporary Art Morning Session, 12 May 2004, Lot 102 | Private Collection | Sale: Christie's, New York, Post -War And Contemporary Art Morning Session, 13 May 2008, Lot 146 | Acquired directly from the above by the present owner

Auction result well in line with expectations

The work Mood Indigo by Adolph Gottlieb was sold in the Post-War & Contemporary Art auction at Bonhams in May this year. The estimated price for the artwork was previously given by the auction house with a range of USD 80,000.00 – 120,000.00, the actual price achieved of USD 82,275.00 (€ 77,224.52) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Adolph Gottlieb achieve. The highest price we have observed so far was reached by the work Bonac in November 2018 with an auction result of USD 4,812,500.00 (€ 4,250,198.71).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Mood Indigo von Adolph Gottlieb wurde im Mai diesen Jahres in der Auktion Post-War & Contemporary Art bei Bonhams versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 80.000,00 – 120.000,00 angegeben, der tatsächlich erzielte Preis von USD 82.275,00 (€ 77.224,52) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Adolph Gottlieb erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Bonac im November 2018 mit einem Auktionsergebnis von USD 4.812.500,00 (€ 4.250.198,71).

Adolph Gottlieb - Auction history

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