Dan Rees
Vacuum Painting
Estimate: 4.000 - 6.000 USD
Price realised: 1.125 USD
Price realised: 1.125 USD
Description
Dan Rees
B. 1982
VACUUM PAINTING
oil on canvas in vacuum storage bag, in Plexiglas box
Overall: 62 by 47 3/4 by 10 1/2 in. 157.5 by 121.3 by 26.7 cm.
Executed in 2012.
Tanya Leighton Gallery, Berlin | Acquired from the above by the present owner
B. 1982
VACUUM PAINTING
oil on canvas in vacuum storage bag, in Plexiglas box
Overall: 62 by 47 3/4 by 10 1/2 in. 157.5 by 121.3 by 26.7 cm.
Executed in 2012.
Tanya Leighton Gallery, Berlin | Acquired from the above by the present owner
Auction result misses estimated price range
When the work Vacuum Painting by Dan Rees was auctioned at Sothebys in New York in March 2018, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 4,000.00 – 6,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 1,125.00 (€ 913.15). Of course, this price has nothing to do with the top prices that other works by Dan Rees achieve. The highest price we have observed so far was reached by the work Artex Painting in November 2014 with an auction result of USD 233,000.00 (€ 187,329.15).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Vacuum Painting von Dan Rees im März 2018 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 4.000,00 – 6.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 1.125,00 (€ 913,15) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Dan Rees erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Artex Painting im November 2014 mit einem Auktionsergebnis von USD 233.000,00 (€ 187.329,15).
Dan Rees - Auction history
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