Giuseppe Penone
Propagazione
Found at
Christies,
Milan (Online Auction)
20th/21st Century Milan Online Sale Part II, Lot 143
3. Jun - 16. Jun 2022
20th/21st Century Milan Online Sale Part II, Lot 143
3. Jun - 16. Jun 2022
Estimate: 8.000 - 12.000 EUR
Price realised: 22.680 EUR
Price realised: 22.680 EUR
Description
Giuseppe Penone (N. 1947) Propagazione titolo, firma e data '"Propagazione Giuseppe Penone 1994' (sul retro dell'opera e su un'etichetta sul retro del cartone di supporto) inchiostro su carta 76.2 x 56.2 cm. Eseguito nel 1994 Si ringrazia l'Archivio Giuseppe Penone, Torino, per le informazioni gentilmente fornite per quest'opera 'PROPAGATION'; TITLED, SIGNED AND DATED (ON THE REVERSE OF THE WORK AND ON A LABEL ON THE REVERSE OF THE BACKING CARDBOARD); INK ON PAPER L'opera non richiede Attestato di Libera Circolazione al fine della sua esportazione. This work does not require an Export License.
Upper estimate price exceeded by 89 %.
This artwork by Giuseppe Penone achieved an unexpectedly high price at Christies in Milan in June last year. In the 20th/21st Century Milan Online Sale Part II auction, the work Propagazione sold for EUR 22,680.00 - well above the upper estimate of EUR 12,000.00. Of course, this price has nothing to do with the top prices that other works by Giuseppe Penone achieve. The highest price we have observed so far was reached by the work Idee di pietra in May 2015 with an auction result of USD 1,325,000.00 (€ 1,205,202.84).
Oberer Schätzpreis um 89 % übertroffen
Dieses Kunstwerk von Giuseppe Penone erzielte im Juni letzten Jahres bei Christies in Mailand einen unerwartet hohen Preis. In der Auktion 20th/21st Century Milan Online Sale Part II wurde die Arbeit Propagazione für EUR 22.680,00 versteigert – und damit weit über dem oberen Schätzpreis von EUR 12.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Giuseppe Penone erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Idee di pietra im Mai 2015 mit einem Auktionsergebnis von USD 1.325.000,00 (€ 1.205.202,84).
Giuseppe Penone - Auction history
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