Alex Olson

Script

Found at Christies, New York (Online Auction)
First Open | Post-War & Contemporary Art, Lot 219
11.Jul - 20.Jul.2017
Estimate: 12.000 - 18.000 USD
Price realised: 11.875 USD
signed, titled and dated 'Alex Olson 2008 "Script"' (on the overlap)
oil on canvas
60 x 48 in. (152.4 x 121.9 cm.)
Painted in 2008.
Please note this lot is the property of a private collector.
Leila Khastoo Gallery, Los Angeles | Acquired from the above by the present owner

Auction result misses estimated price range

This work of art by Alex Olson could be acquired at Christies in New York in July 2017 for an unexpectedly low price. In the First Open | Post-War & Contemporary Art auction, the work Script changed hands for USD 11,875.00 (€ 10,041.43) - missing the lower end of the estimate range of USD 12,000.00 – 18,000.00. However, buyers have had to dig much deeper into their pockets for other works by Alex Olson - we have observed the highest auction result to date for the work Circulate, which sold at auction in October 2014 for GBP 17,500.00 (€ 22,344.97).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Alex Olson konnte im Juli 2017 bei Christies in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion First Open | Post-War & Contemporary Art wechselte die Arbeit Script für USD 11.875,00 (€ 10.041,43) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 12.000,00 – 18.000,00. Für andere Arbeiten von Alex Olson mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Circulate beobachtet, die im Oktober 2014 für GBP 17.500,00 (€ 22.344,97) versteigert wurde.

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