David Smith

Untitled

Found at Phillips, New York Auction
20th Century & Contemporary Art Day Sale - Morning Session, Lot 148
18. Nov - 18. Nov 2021
Estimate: 15.000 - 20.000 USD
Price realised: 17.640 USD
signed and dated "David Smith 6/1/58" lower right; dedicated "To B.H. in appreciation for the thoughtful gifts to Jeannie, when it was needed most—your thoughtfulness helped at a time of stress—Regards Ben and thanks" on the reverse
egg tempera and India ink on paper
20 x 25 3/4 in. (50.8 x 65.4 cm)
Executed on June 1, 1958.

Auction result well in line with expectations

In November 2021 Phillips in New York held the auction 20th Century & Contemporary Art Day Sale - Morning Session, which included this untitled work by David Smith. The price achieved of USD 17,640.00 (€ 15,628.60) was within expectations - the estimate range had previously been set by the auction house as USD 15,000.00 – 20,000.00. 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

Im November 2021 führte Phillips in New York die Auktion 20th Century & Contemporary Art Day Sale - Morning Session durch, in der auch diese Arbeit ohne Titel von David Smith zur Versteigerung kam. Der dabei erzielte Preis von USD 17.640,00 (€ 15.628,60) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 15.000,00 – 20.000,00 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).

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