- Art.Salon
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- Balcomb Greene
- The Wreck
Balcomb Greene
The Wreck
Found at
Christies,
New York
Christie's Interiors, Lot 118
2. Oct - 3. Oct 2012
Christie's Interiors, Lot 118
2. Oct - 3. Oct 2012
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Balcomb Greene (AMERICAN, 1904-1990)
The Wreck
signed 'Balcomb Greene' (lower left); signed again and titled 'THE WRECK Balcomb Greene' (on the stretcher bar)
oil on canvas
50 x 56¼ in. (127 x 142.9 cm.)
Painted in 1974.
The Wreck
signed 'Balcomb Greene' (lower left); signed again and titled 'THE WRECK Balcomb Greene' (on the stretcher bar)
oil on canvas
50 x 56¼ in. (127 x 142.9 cm.)
Painted in 1974.
Auction result misses estimated price range
When the work The Wreck by Balcomb Greene was auctioned at Christies in New York in October 2012, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 3,000.00 – 5,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 2,750.00 (€ 2,122.24). Of course, this price has nothing to do with the top prices that other works by Balcomb Greene achieve. The highest price we have observed so far was reached by the work Balanced Moving in February 2016 with an auction result of USD 25,000.00 (€ 23,003.31).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit The Wreck von Balcomb Greene im Oktober 2012 bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 3.000,00 – 5.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 2.750,00 (€ 2.122,24) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Balcomb Greene erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Balanced Moving im Februar 2016 mit einem Auktionsergebnis von USD 25.000,00 (€ 23.003,31).
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