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Charles Ray - Fashions

Charles Ray

Fashions

Found at Christies, New York
Post-War and Contemporary Art Session I including Works from the Peter Norton Collection, Lot 312
9. Nov - 9. Nov 2011
Estimate: XX.XXX
Price realised: XX.XXX
Charles Ray (b. 1953)
Fashions
16 mm film and film projector
approximately 12½ minutes; dimensions variable
Executed in 1996. This work is the artist's proof from an edition of four plus one artist's proof and is accompanied by a certificate of authenticity signed by the artist.

Auction result misses estimated price range

When the work Fashions by Charles Ray was auctioned at Christies in New York in November 2011, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 250,000.00 – 350,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 206,500.00 (€ 153,497.36). Of course, this price has nothing to do with the top prices that other works by Charles Ray achieve. The highest price we have observed so far was reached by the work Aluminum Girl in May 2012 with an auction result of USD 4,282,500.00 (€ 3,463,684.89).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Fashions von Charles Ray im November 2011 bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 250.000,00 – 350.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 206.500,00 (€ 153.497,36) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Charles Ray erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Aluminum Girl im Mai 2012 mit einem Auktionsergebnis von USD 4.282.500,00 (€ 3.463.684,89).

Charles Ray - Auction history

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