Charles Ray

Untitled

Found at Sothebys, New York
Contemporary Art Day Auction, Lot 405
10. May - 10. May 2012
Estimate: 150.000 - 200.000 USD
Price realised: 182.500 USD
Charles Ray
B.1953
UNTITLED
signed and numbered 1 of 10 on the backing board
black and white photographs mounted on board, in 9 parts
Overall: 8 1/2 by 75 in. 21.6 by 190.5 cm.
Executed in 1973, this work is number 1 from an edition of 10 plus 3 artist's proofs.
Regen Projects, Los Angeles | Acquired by the present owner from the above in 2001

Auction result well in line with expectations

This work without title by Charles Ray was auctioned at Sothebys in New York in May 2012. The price achieved of USD 182,500.00 (€ 147,605.95) was within expectations - the estimate range had previously been set by the auction house as USD 150,000.00 – 200,000.00. 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 im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Charles Ray kam im Mai 2012 bei Sothebys in New York zur Auktion. Der dabei erzielte Preis von USD 182.500,00 (€ 147.605,95) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 150.000,00 – 200.000,00 angegeben worden. 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).

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