Gary Hill
Bind
Found at
Sothebys,
New York (Online Auction)
Contemporary Art Online | New York, Lot 523
2. Oct - 2. Oct 2019
Contemporary Art Online | New York, Lot 523
2. Oct - 2. Oct 2019
Estimate: 5.000 - 7.000 USD
Price realised: 2.500 USD
Price realised: 2.500 USD
Description
GARY HILL
b.1951
BIND
TV with VCR player, book and metal cable, accompanied by 4 tapes, one remote and one user manual
16 by 14 by 14 in. (40.6 by 35.5 by 35.5 cm.)
Executed in 1995, this work is number 2 from an edition of 5, plus 1 artist's proof.
Donald Young Gallery, Seattle | Acquired from the above by the present owner in 2000
b.1951
BIND
TV with VCR player, book and metal cable, accompanied by 4 tapes, one remote and one user manual
16 by 14 by 14 in. (40.6 by 35.5 by 35.5 cm.)
Executed in 1995, this work is number 2 from an edition of 5, plus 1 artist's proof.
Donald Young Gallery, Seattle | Acquired from the above by the present owner in 2000
Auction result misses estimated price range
When the work Bind by Gary Hill was auctioned at Sothebys in New York in October 2019, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 5,000.00 – 7,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 2,500.00 (€ 2,241.15). Of course, this price has nothing to do with the top prices that other works by Gary Hill achieve. The highest price we have observed so far was reached by the work Crossbow in November 2007 with an auction result of USD 169,000.00 (€ 115,059.91).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Bind von Gary Hill im Oktober 2019 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 5.000,00 – 7.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 2.500,00 (€ 2.241,15) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Gary Hill erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Crossbow im November 2007 mit einem Auktionsergebnis von USD 169.000,00 (€ 115.059,91).