Franz Kline

Untitled

Found at Sothebys, London
Contemporary Art Online, Lot 31
26. May - 26. May 2021
Estimate: 50.000 - 70.000 GBP
Price realised: 50.400 GBP
Franz Kline
1910 - 1962
Untitled
oil and collage on board
53.8 by 39.6 cm. 21⅛ by 15½ in.
framed: 56 by 42.5 cm. 22 by 16¾ in
Executed in 1957.
Estate of the artist | Marlborough-Gerson Gallery, New York | Sidney Singer, Mamaroneck | Allan Stone Gallery, New York | Private Collection | Christie's, New York, 16 May 2001, Lot 58 | Acquired from the above by the present owner

Auction result well in line with expectations

In May 2021 Sothebys in London held the auction Contemporary Art 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 GBP 50,000.00 – 70,000.00, the actual price achieved of GBP 50,400.00 (€ 58,641.56) 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 Mai 2021 führte Sothebys in London die Auktion Contemporary Art 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 GBP 50.000,00 – 70.000,00 angegeben, der tatsächlich erzielte Preis von GBP 50.400,00 (€ 58.641,56) 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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