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Barnett Newman - Untitled Etching 2

Barnett Newman

Untitled Etching 2

Found at Sothebys, New York
Contemporary Art Day Auction, Lot 205
30. Jun - 30. Jun 2020
Estimate: XX.XXX
Price realised: XX.XXX
Property from the Collection of Harry W. and Mary Margaret Anderson
BARNETT NEWMAN
1905 - 1970
UNTITLED ETCHING 2
signed, dated 1969 and numbered 19/27
etching and aquatint on J. Green paper
plate: 23½ by 14¾ in. 59.6 by 37.6 cm.
sheet: 31¾ by 22¾ in. 80.6 by 57.8 cm.
Executed in 1969, this work is number 19 from an edition of 27, plus 4 artist's proofs.
M. Knoedler & Co., New York | Acquired from the above by the present owner in 1969

Upper estimated price slightly exceeded

In June 2020 Sothebys in New York held the auction Contemporary Art Day Auction, which included the work Untitled Etching 2 by Barnett Newman. Here, the upper estimate of USD 80,000.00 was slightly exceeded - the artwork found a new owner for USD 87,500.00 (€ 77,909.36). 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).

Oberer Schätzpreis leicht übertroffen

Im Juni 2020 führte Sothebys in New York die Auktion Contemporary Art Day Auction durch, in der auch die Arbeit Untitled Etching 2 von Barnett Newman zur Versteigerung kam. Dabei wurde der obere Schätzpreis von USD 80.000,00 leicht übertroffen – das Kunstwerk fand für USD 87.500,00 (€ 77.909,36) einen neuen Besitzer. 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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