Cy Twombly

Untitled (New York City)

Found at Sothebys, New York
Contemporary Art Evening Auction, Lot 18
11. Nov - 11. Nov 2015
Estimate: 70.000.000 - 80.000.000 USD
Price realised: 70.530.000 USD
Cy Twombly
1928 - 2011
UNTITLED (NEW YORK CITY)
signed, inscribed NYC and dated 1968 on the reverse
oil based house paint and wax crayon on canvas
68 x 90 in. 172.7 x 228.6 cm.
Leo Castelli Gallery, New York (LC #66) | Fred Mueller, New York | Robert Miller Gallery, New York | Saatchi Collection, London | Sotheby's, New York, May 8, 1990, Lot 24 | Mr. and Mrs. Sydney Irmas, Los Angeles | Thence by gift to the present owner

A top price for Cy Twombly - as previously expected

The work Untitled (New York City) by Cy Twombly was auctioned at Sothebys in New York in November 2015. The estimated price for the artwork was previously given by the auction house with a range of USD 70,000,000.00 – 80,000,000.00, the actual price achieved of USD 70,530,000.00 (€ 66,777,125.54) could thus just exceed the lower estimate. Even if this result could not surprise positively, Untitled (New York City) is the most expensive artwork by Cy Twombly that we have observed at auctions so far.

Ein Spitzenpreis mit Ansage

Die Arbeit Untitled (New York City) von Cy Twombly kam im November 2015 bei Sothebys in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 70.000.000,00 – 80.000.000,00 angegeben, der tatsächlich erzielte Preis von USD 70.530.000,00 (€ 66.777.125,54) konnte den unteren Schätzpreis somit knapp übertreffen. Auch wenn das Ergebnis damit nicht positiv überraschen konnte, ist Untitled (New York City) das teuerste Kunstwerk von Cy Twombly, das wir bisher bei Auktionen beobachtet haben.

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