Claes Oldenburg
Picasso Cufflink (Axsom & Platzker 113)
Found at
Sothebys,
New York
From Daumier to Olitski: Select Works from The William Louis-Dreyfus Foundation and Family Collections, Lot 40
13. Sep - 23. Sep 2021
From Daumier to Olitski: Select Works from The William Louis-Dreyfus Foundation and Family Collections, Lot 40
13. Sep - 23. Sep 2021
Estimate: 700 - 1.000 USD
Price realised: 4.032 USD
Price realised: 4.032 USD
Description
Property from The William Louis-Dreyfus Foundation
Claes Oldenburg
b. 1929
Picasso Cufflink (Axsom & Platzker 113)
Signed Oldenburg and dated ©1974 (lower right); numbered L.P. 10/15 (lower left), from Homage to Picasso
Lithograph printed in colors on Arches Cover wove paper
Sheet: 36⅛ by 26⅞ in. (91.8 by 68.3 cm)
Framed: 42⅞ by 32⅞ in. (109.1 by 83.5 cm)
Executed in 1974.
Castelli Graphics, New York | William Louis-Dreyfus, Mount Kisco, New York (acquired from the above in 1976) | The William Louis-Dreyfus Foundation, Mount Kisco, New York (gifted by the above in 2015)
Claes Oldenburg
b. 1929
Picasso Cufflink (Axsom & Platzker 113)
Signed Oldenburg and dated ©1974 (lower right); numbered L.P. 10/15 (lower left), from Homage to Picasso
Lithograph printed in colors on Arches Cover wove paper
Sheet: 36⅛ by 26⅞ in. (91.8 by 68.3 cm)
Framed: 42⅞ by 32⅞ in. (109.1 by 83.5 cm)
Executed in 1974.
Castelli Graphics, New York | William Louis-Dreyfus, Mount Kisco, New York (acquired from the above in 1976) | The William Louis-Dreyfus Foundation, Mount Kisco, New York (gifted by the above in 2015)
Artwork auctioned at four times the upper estimate price
When the work Picasso Cufflink (Axsom & Platzker 113) by Claes Oldenburg was auctioned at Sothebys in New York in September 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 1,000.00 but the actual price achieved was more than four times as high at USD 4,032.00 (€ 3,482.77). Of course, this price has nothing to do with the top prices that other works by Claes Oldenburg achieve. The highest price we have observed so far was reached by the work Clothespin Ten Foot in November 2015 with an auction result of USD 3,637,000.00 (€ 3,443,476.61).
Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert
Als die Arbeit Picasso Cufflink (Axsom & Platzker 113) von Claes Oldenburg im September 2021 bei Sothebys in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 1.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 4.032,00 (€ 3.482,77) mehr als viermal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Claes Oldenburg erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Clothespin Ten Foot im November 2015 mit einem Auktionsergebnis von USD 3.637.000,00 (€ 3.443.476,61).
Claes Oldenburg - Auction history
Other artists in this auction
