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Ilya Kabakov - The Paintings about Sun, #1

Ilya Kabakov

The Paintings about Sun, #1

Found at Phillips, London Auction
20th Century & Contemporary Art Day Sale, Lot 156
21. Oct - 21. Oct 2020
Estimate: XX.XXX
Price realised: XX.XXX
signed, titled and dated 'I. Kabakov "Four paintings about the Sun" [in Cyrillic] N1 2013r.' on the reverse
oil on canvas, in artist's frame
169.5 x 263.5 cm (66 3/4 x 103 3/4 in.)
Painted in 2013.
Galerie Thaddaeus Ropac, Salzburg | Private Collection, Europe (acquired from the above in 2013)

Auction result well in line with expectations

The work The Paintings about Sun, #1 by Ilya Kabakov was sold in the 20th Century & Contemporary Art Day Sale auction at Phillips in London in October 2020. The estimated price for the artwork was previously given by the auction house with a range of GBP 80,000.00 – 120,000.00, the actual price achieved of GBP 88,200.00 (€ 97,938.58) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Ilya Kabakov achieve. The highest price we have observed so far was reached by the work Beetle in February 2008 with an auction result of GBP 2,932,500.00 (€ 3,835,594.92).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit The Paintings about Sun, #1 von Ilya Kabakov wurde im Oktober 2020 in der Auktion 20th Century & Contemporary Art Day Sale bei Phillips in London versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von GBP 80.000,00 – 120.000,00 angegeben, der tatsächlich erzielte Preis von GBP 88.200,00 (€ 97.938,58) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ilya Kabakov erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Beetle im Februar 2008 mit einem Auktionsergebnis von GBP 2.932.500,00 (€ 3.835.594,92).

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