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Edward Kienholz - For Two New Decker Packsaddles, 1969

Edward Kienholz

For Two New Decker Packsaddles, 1969

Found at Bonhams, Los Angeles
Post-War & Contemporary Art X Made in California, Lot 30
16. Sep - 16. Sep 2020
Estimate: XX.XXX
Price realised: XX.XXX
EDWARD KIENHOLZ (1927-1994)
For Two New Decker Packsaddles, 1969
with artist's fingerprint, signed and dated 'KIENHOLZ 69' (lower right)
watercolor on paper in galvanized steel artist's frame
12 x 16 in.
30.5 x 40.6 cm.
Eugenia Butler Gallery, Los Angeles | Private collection (acquired directly from the above) | Private collection (acquired by descent from the above) | Sale: Bonhams, Los Angeles, Made in California and The Mid-C Contemporary Art, 25 October 2017, lot 27 | Acquired directly from the above sale by the present owner

Auction result well in line with expectations

In September 2020 Bonhams in Los Angeles held the auction Post-War & Contemporary Art X Made in California, which included the work For Two New Decker Packsaddles, 1969 by Edward Kienholz. The estimated price for the artwork was previously given by the auction house with a range of USD 4,000.00 – 6,000.00, the actual price achieved of USD 4,450.00 (€ 3,797.58) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Edward Kienholz achieve. The highest price we have observed so far was reached by the work The Future as an Afterthought in May 2003 with an auction result of USD 141,900.00 (€ 120,601.73).

Auktionsergebnis im Rahmen der Erwartungen

Im September 2020 führte Bonhams in Los Angeles die Auktion Post-War & Contemporary Art X Made in California durch, in der auch die Arbeit For Two New Decker Packsaddles, 1969 von Edward Kienholz zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 4.000,00 – 6.000,00 angegeben, der tatsächlich erzielte Preis von USD 4.450,00 (€ 3.797,58) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Edward Kienholz erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Future as an Afterthought im Mai 2003 mit einem Auktionsergebnis von USD 141.900,00 (€ 120.601,73).

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