Franz Kline

Untitled

Found at Sothebys, New York
Contemporary Art Day Auction: Online, Lot 274
18. Nov - 18. Nov 2020
Estimate: 80.000 - 120.000 USD
Price realised: 81.900 USD
Franz Kline
1910 - 1962
Untitled
signed
oil on paper mounted to panel
11 by 12 1/4 in. 27.9 by 31.1 cm.
framed: 20 by 21 1/8 in. 50.8 by 53.7 cm.
Executed in 1956.
B.C. Holland Gallery, Chicago | Acquired from the above by the present owner

Auction result well in line with expectations

In November 2020 Sothebys in New York held the auction Contemporary Art Day Auction: Online, which included this untitled work by Franz Kline. The estimated price for the artwork was previously given by the auction house with a range of USD 80,000.00 – 120,000.00, the actual price achieved of USD 81,900.00 (€ 68,547.04) could thus just exceed the lower estimate. 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).

Auktionsergebnis im Rahmen der Erwartungen

Im November 2020 führte Sothebys in New York die Auktion Contemporary Art Day Auction: Online durch, in der auch diese Arbeit ohne Titel von Franz Kline zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 80.000,00 – 120.000,00 angegeben, der tatsächlich erzielte Preis von USD 81.900,00 (€ 68.547,04) konnte den unteren Schätzpreis somit knapp übertreffen. 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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