David Reed
Untitled
Estimate: 25.000 - 35.000 USD
Price realised: 68.750 USD
Price realised: 68.750 USD
Description
David Reed
B. 1946
UNTITLED
signed and dated 1991-92 on the reverse
oil and alkyd on canvas
28 by 102 in. 71.1 by 259.1 cm.
Max Protetch Gallery, New York | Acquired from the above by the present owner in April 1992
B. 1946
UNTITLED
signed and dated 1991-92 on the reverse
oil and alkyd on canvas
28 by 102 in. 71.1 by 259.1 cm.
Max Protetch Gallery, New York | Acquired from the above by the present owner in April 1992
Upper estimate price exceeded by 96 %.
This artwork by David Reed achieved an unexpectedly high price at Sothebys in New York in May 2019. In the Contemporary Art Day Auction auction, the work without title sold for USD 68,750.00 (€ 61,664.72) - well above the upper estimate of USD 35,000.00. Despite this good result, it is not the highest hammer price for an artwork by David Reed; that achieved among the auctions we observed the lot #439 sold at auction in March this year with the realized price of GBP 67,310.00 (€ 76,578.13).
Oberer Schätzpreis um 96 % übertroffen
Dieses Kunstwerk von David Reed erzielte im Mai 2019 bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Contemporary Art Day Auction wurde diese Arbeit ohne Titel für USD 68.750,00 (€ 61.664,72) versteigert – und damit weit über dem oberen Schätzpreis von USD 35.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von David Reed; den erzielte unter den von uns beobachteten Auktionen die Arbeit #439 im März diesen Jahres mit dem Hammerpreis von GBP 67.310,00 (€ 76.578,13).
David Reed - Auction history
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