Charles Gaines
Explosion #17
Found at
Christies,
London
A Visual Odyssey Selections from LAC (Lambert Art Collection) Staged by Jacques Grange, Lot 273
14. Oct - 14. Oct 2015
A Visual Odyssey Selections from LAC (Lambert Art Collection) Staged by Jacques Grange, Lot 273
14. Oct - 14. Oct 2015
Estimate: 2.000 - 3.000 GBP
Price realised: 1.875 GBP
Price realised: 1.875 GBP
Description
(i) titled 'Explosion #17' (lower left), signed and dated 'Charles Gaines 2006' (lower right)
graphite on paper, in two parts
(i) 64 x 39 ¼in. (162.6 x 101cm.)
(ii) 8 ½ x 11in. (21.6 x 27.9cm.)
Executed in 2006
Susanne Vielmetter Los Angeles Projects, Los Angeles. | Acquired from the above by the present owner in 2006.
graphite on paper, in two parts
(i) 64 x 39 ¼in. (162.6 x 101cm.)
(ii) 8 ½ x 11in. (21.6 x 27.9cm.)
Executed in 2006
Susanne Vielmetter Los Angeles Projects, Los Angeles. | Acquired from the above by the present owner in 2006.
Auction result misses estimated price range
When the work Explosion #17 by Charles Gaines was auctioned at Christies in London in October 2015, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of GBP 2,000.00 – 3,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for GBP 1,875.00 (€ 2,622.66). 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).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Explosion #17 von Charles Gaines im Oktober 2015 bei Christies in London versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von GBP 2.000,00 – 3.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für GBP 1.875,00 (€ 2.622,66) den Besitzer. 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
Other artists in this auction
