Charles Gaines
Explosion #16
Estimate: 1.000 - 2.000 GBP
Price realised: 18.750 GBP
Price realised: 18.750 GBP
Description
(i) titled 'Explosion #16' (lower left); signed and dated 'Charles Gaines 2006' (lower right)
(i) graphite on two adjoined papers
(ii) graphite on paper
(i) 39¾ x 64in. (101 x 162.5cm.)
(ii) 8½ x 11in. (21.6 x 28cm.)
Executed in 2006
Susanne Vielmetter Los Angeles Projects, Culver City. | Acquired from the above by the present owner in 2006.
(i) graphite on two adjoined papers
(ii) graphite on paper
(i) 39¾ x 64in. (101 x 162.5cm.)
(ii) 8½ x 11in. (21.6 x 28cm.)
Executed in 2006
Susanne Vielmetter Los Angeles Projects, Culver City. | Acquired from the above by the present owner in 2006.
Artwork auctioned at nine times the upper estimate price
When the work Explosion #16 by Charles Gaines was auctioned at Christies in London in September 2018, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 2,000.00 but the actual price achieved was more than nine times as high at GBP 18,750.00 (€ 21,058.66). Of course, this price has nothing to do with the top prices that other works by Charles Gaines achieve. The highest price we have observed so far was reached by the work Numbers And Trees: Central Park Series Iv: Tree #6, Carmichael in May 2019 with an auction result of USD 475,000.00 (€ 426,047.18).
Kunstwerk zum Neunfachen des oberen Schätzpreises versteigert
Als die Arbeit Explosion #16 von Charles Gaines im September 2018 bei Christies in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 2.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 18.750,00 (€ 21.058,66) mehr als neunmal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Charles Gaines erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Numbers And Trees: Central Park Series Iv: Tree #6, Carmichael im Mai 2019 mit einem Auktionsergebnis von USD 475.000,00 (€ 426.047,18).
Charles Gaines - Auction history
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