Elizabeth Neel

American Standard

Found at Christies, London
Handpicked: 50 Works Selected by the Saatchi Gallery, Lot 40
28.Jun - 28.Jun.2018
Estimate: 2.500 - 3.500 GBP
Price realised: 25.000 GBP
oil on canvas
80 3/8 x 70½in. (204 x 179cm.)
Painted in 2009
Galleria Monica de Cardenas, Milan. | Acquired from the above by the present owner in 2009.

Artwork auctioned at seven times the upper estimate price

When the work American Standard by Elizabeth Neel was auctioned at Christies in London in June 2018, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 3,500.00 but the actual price achieved was more than seven times as high at GBP 25,000.00 (€ 28,254.26). Despite this good result, it is not the highest hammer price for an artwork by Elizabeth Neel; that achieved among the auctions we observed the lot The Humpndump sold at auction in September 2018 with the realized price of GBP 30,000.00 (€ 33,693.86).

Kunstwerk zum Siebenfachen des oberen Schätzpreises versteigert

Als die Arbeit American Standard von Elizabeth Neel im Juni 2018 bei Christies in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 3.500,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 25.000,00 (€ 28.254,26) mehr als siebenmal so hoch. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Elizabeth Neel; den erzielte unter den von uns beobachteten Auktionen die Arbeit The Humpndump im September 2018 mit dem Hammerpreis von GBP 30.000,00 (€ 33.693,86).

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