Alex Olson

Cloak

Found at Phillips, London Auction
New Now, Lot 56
12. Dec - 12. Dec 2019
Estimate: 6.000 - 8.000 GBP
Price realised: 18.750 GBP
signed and dated 'Alex Olson 2014' on the overlap
oil and modelling paste on canvas
155.2 x 109.3 cm (61 1/8 x 43 in.)
Executed in 2014.
Shane Campbell Gallery, Chicago | Acquired from the above by the present owner

Upper estimate price exceeded by more than 100%

This artwork by Alex Olson achieved an unexpectedly high price at Phillips in London in December 2019. In the New Now auction, the work Cloak sold for GBP 18,750.00 (€ 22,160.31) - well above the upper estimate of GBP 8,000.00. Despite this good result, it is not the highest hammer price for an artwork by Alex Olson; that achieved among the auctions we observed the lot Circulate sold at auction in October 2014 with the realized price of GBP 17,500.00 (€ 22,344.97).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Alex Olson erzielte im Dezember 2019 bei Phillips in London einen unerwartet hohen Preis. In der Auktion New Now wurde die Arbeit Cloak für GBP 18.750,00 (€ 22.160,31) versteigert – und damit weit über dem oberen Schätzpreis von GBP 8.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Alex Olson; den erzielte unter den von uns beobachteten Auktionen die Arbeit Circulate im Oktober 2014 mit dem Hammerpreis von GBP 17.500,00 (€ 22.344,97).

Other artists in this auction

Li Wei - The baby leaves away from the Earth
Li Wei
Auction: 12. Dec - 12. Dec 2019
Title: The baby leaves away from the Earth
Price: 1.250 GBP
Found at Phillips
15 auction results
Miao Xiaochun - Carrying the Cross
Miao Xiaochun
Auction: 12. Dec - 12. Dec 2019
Title: Carrying the Cross
Price: 625 GBP
Found at Phillips
20 auction results
Ren Rong - Mao
Ren Rong
Auction: 12. Dec - 12. Dec 2019
Title: Mao
Price: 688 GBP
Found at Phillips
11 auction results
Sheng Qi - Two works: (i) My Left Hand; (ii) My Left Hand
Sheng Qi
Auction: 12. Dec - 12. Dec 2019
Title: Two works: (i) My Left Hand; (ii) My Left Hand
Price: 813 GBP
Found at Phillips
69 auction results