Balcomb Greene

Untitled #18

Found at Bonhams, New York
American Art, Lot 44
24. Aug - 24. Aug 2022
Estimate: 1.500 - 2.500 USD
Price realised: 3.825 USD
PROPERTY FROM A PRIVATE COLLECTION, NEW YORK
Balcomb Greene (1904-1990)
Untitled #18
signed, dated and numbered 'Balcombe Greene 1935-18' (lower right) and dated and numbered again (lower right)
collage, graphite, watercolor and charcoal on paper
7 1/2 x 7 1/2 in. (19.1 x 19.1 cm.)
Executed in 1935.
Carus Gallery, New York. | Acquired from the above by the present owner, 2010.

Upper estimate price exceeded by 53 %.

The work Untitled #18 by Balcomb Greene was sold in the American Art auction at Bonhams in New York in August last year. The »bidding war« ended at USD 3,825.00 (€ 3,800.30), 53% above the upper estimate. Admittedly, works by Balcomb Greene have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Balanced Moving in February 2016 with an auction result of USD 25,000.00 (€ 23,003.31).

Oberer Schätzpreis um 53 % übertroffen

Die Arbeit Untitled #18 von Balcomb Greene wurde im August letzten Jahres in der Auktion American Art bei Bonhams in New York versteigert. Das »Bietergefecht« endete beim Preis von USD 3.825,00 (€ 3.800,30) und damit 53% über dem oberen Schätzpreis. Freilich wurden Arbeiten von Balcomb Greene auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Balanced Moving im Februar 2016 mit einem Auktionsergebnis von USD 25.000,00 (€ 23.003,31).

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