David Smith

Untitled (1960 23/16)

Found at Bonhams
Post-War & Contemporary Art Online, Lot 8
30. JAN - 9. FEB 2023
Estimate: 12.000 - 18.000 USD
Price realised: 28.050 USD
DAVID SMITH (1906-1965)
Untitled (1960 23/16)
1960
signed, dated 1960 and inscribed Ch-23/16
egg ink, gouache and collage on paper
26 1/4 by 41 1/8 in.
66.7 by 104.5 cm.
This work is registered in the archives of the Estate of David Smith, New York, under number 7360.214 PE.
Makler Gallery, Philadelphia | Private Collection, New York | Thence by descent to the present owner

Upper estimate price exceeded by 56 %.

The work Untitled (1960 23/16) by David Smith was sold in the Post-War & Contemporary Art Online auction at Bonhams in February this year. It achieved a price of USD 28,050.00 (€ 26,457.27), exceeding the upper end of the estimate range by 56%. Of course, this price has nothing to do with the top prices that other works by David Smith achieve. The highest price we have observed so far was reached by the work Zig I in May 2016 with an auction result of USD 9,210,000.00 (€ 8,271,216.88).

Oberer Schätzpreis um 56 % übertroffen

Die Arbeit Untitled (1960 23/16) von David Smith wurde im Februar diesen Jahres in der Auktion Post-War & Contemporary Art Online bei Bonhams versteigert. Sie erzielte dabei einen Preis von USD 28.050,00 (€ 26.457,27) und übertraf damit das obere Ende der Schätzpreisspanne um 56%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von David Smith erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Zig I im Mai 2016 mit einem Auktionsergebnis von USD 9.210.000,00 (€ 8.271.216,88).

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