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Barnett Newman - 18 Cantos

Barnett Newman

18 Cantos

Found at Christies, New York
The Sale of the Century: An Important Corporate Collection of Prints and Multiples, Lot 27
18. Apr - 19. Apr 2023
Estimate: XX.XXX
Price realised: XX.XXX
BARNETT NEWMAN (1905-1970)
18 Cantos
the rare complete set of eighteen lithographs in colors, on various wove papers, 1963-1964, each signed, titled, dated in pencil and numbered 2/18, the set also numbered on the justification page, published by Universal Limited Art Editions, West Islip, New York, with their blindstamps, each with full margins, in very good condition, together with the original title and text pages and vellum covered portfolio box designed by Caroline Horton with the artist’s initials embossed on the cover, framed
Overall: 29 x 23 x 2 in. (736 x 584 x 50 mm.)

Auction result well in line with expectations

The work 18 Cantos by Barnett Newman was sold in the The Sale of the Century: An Important Corporate Collection of Prints and Multiples auction at Christies in New York in April this year. The estimated price for the artwork was previously given by the auction house with a range of USD 2,000,000.00 – 3,000,000.00, the actual price achieved of USD 2,107,000.00 (€ 1,908,514.49) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Barnett Newman achieve. The highest price we have observed so far was reached by the work Black Fire I in May 2014 with an auction result of USD 84,165,000.00 (€ 61,704,545.45).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit 18 Cantos von Barnett Newman wurde im April diesen Jahres in der Auktion The Sale of the Century: An Important Corporate Collection of Prints and Multiples bei Christies in New York versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 2.000.000,00 – 3.000.000,00 angegeben, der tatsächlich erzielte Preis von USD 2.107.000,00 (€ 1.908.514,49) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Barnett Newman erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Black Fire I im Mai 2014 mit einem Auktionsergebnis von USD 84.165.000,00 (€ 61.704.545,45).

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