Franz Kline

Untitled, circa 1951

Found at Bonhams
Post War & Contemporary Art, Lot 12
17. Feb - 17. Feb 2023
Estimate: 70.000 - 100.000 USD
Price realised: 138.975 USD
Property from the Estate of Linda Chester
FRANZ KLINE (1910-1962)
Untitled, circa 1951
ink on paper
11 x 8 1/2 in.
27.9 x 21.6 cm.
The Artist | Marlborough Gallery, Zurich | Private Collection, Geneva | Barbara Mathes Gallery, New York | Acquired directly from the above by the present owner

Upper estimate price exceeded by 39 %.

The work Untitled, circa 1951 by Franz Kline was auctioned at Bonhams in February this year. It achieved a price of USD 138,975.00 (€ 131,083.76), exceeding the upper end of the estimate range by 39%. Of course, this price has nothing to do with the top prices that other works by Franz Kline achieve. The highest price we have observed so far was reached by the work without title in November 2012 with an auction result of USD 40,402,500.00 (€ 31,054,957.72).

Oberer Schätzpreis um 39 % übertroffen

Die Arbeit Untitled, circa 1951 von Franz Kline kam im Februar diesen Jahres bei Bonhams zur Auktion. Sie erzielte dabei einen Preis von USD 138.975,00 (€ 131.083,76) und übertraf damit das obere Ende der Schätzpreisspanne um 39%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Franz Kline erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im November 2012 mit einem Auktionsergebnis von USD 40.402.500,00 (€ 31.054.957,72).

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