David Smith
Untitled (Chelsea Hotel Series)
Estimate: 20.000 - 30.000 USD
Price realised: 22.860 USD
Price realised: 22.860 USD
Description
1960
Unique brown egg ink and oil painting, on wove paper.
26 x 41 in. (66 x 104.1 cm)
Signed, dated and annotated 'ch' in pencil, with the Estate of David Smith inkstamp and annotated 'ACC.NO. 73-60.19' in black and blue ink on the reverse, framed.
Unique brown egg ink and oil painting, on wove paper.
26 x 41 in. (66 x 104.1 cm)
Signed, dated and annotated 'ch' in pencil, with the Estate of David Smith inkstamp and annotated 'ACC.NO. 73-60.19' in black and blue ink on the reverse, framed.
Auction result well in line with expectations
The work Untitled (Chelsea Hotel Series) by David Smith was auctioned at Phillips in New York in April this year. The price achieved of USD 22,860.00 (€ 20,706.52) was within expectations - the estimate range had previously been set by the auction house as USD 20,000.00 – 30,000.00. 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).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Untitled (Chelsea Hotel Series) von David Smith kam im April diesen Jahres bei Phillips in New York zur Auktion. Der dabei erzielte Preis von USD 22.860,00 (€ 20.706,52) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 20.000,00 – 30.000,00 angegeben worden. 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).
David Smith - Auction history
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