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Andro Wekua - Untitled

Andro Wekua

Untitled

Found at Sothebys, New York
Contemporary Art Day: An Online Auction, Lot 137
14. May - 14. May 2020
Estimate: XX.XXX
Price realised: XX.XXX
ANDRO WEKUA
b. 1977
UNTITLED
signed and dated 2006 on the reverse
oil on 2 joined canvases
painting: 19¾ by 31¾ in. 50.2 by 80.6 cm.
framed: 21 by 33 in. 53.3 by 83.8 cm.
Gladstone Gallery, New York | Private Collection, Beverly Hills (acquired from the above) | Sotheby's, London, 27 June 2019, Lot 201 | Acquired from the above sale by the present owner

Upper estimate price exceeded by 25 %.

In May 2020 Sothebys in New York held the auction Contemporary Art Day: An Online Auction, which included this untitled work by Andro Wekua. The »bidding war« ended at USD 15,000.00 (€ 13,515.95), 25% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Andro Wekua - we have observed the highest auction result to date for the work Workshop Report (Full Portfolio), which sold at auction in October 2014 for GBP 35,000.00 (€ 44,689.94).

Oberer Schätzpreis um 25 % übertroffen

Im Mai 2020 führte Sothebys in New York die Auktion Contemporary Art Day: An Online Auction durch, in der auch diese Arbeit ohne Titel von Andro Wekua zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 15.000,00 (€ 13.515,95) und damit 25% über dem oberen Schätzpreis. Für andere Arbeiten von Andro Wekua mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Workshop Report (Full Portfolio) beobachtet, die im Oktober 2014 für GBP 35.000,00 (€ 44.689,94) versteigert wurde.

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