Iván Navarro
Untitled (Twin Towers)
Found at
Phillips,
New York Auction
20th Century & Contemporary Art Day Sale, Afternoon Session, Lot 411
24. Jun - 24. Jun 2021
20th Century & Contemporary Art Day Sale, Afternoon Session, Lot 411
24. Jun - 24. Jun 2021
Estimate: 40.000 - 60.000 USD
Price realised: 40.320 USD
Price realised: 40.320 USD
Description
neon, wood, paint, mirrored glass, one-way mirror and electrical components, in 2 parts
each 8 x 57 3/4 x 57 3/4 in. (20.3 x 146.7 x 146.7 cm)
Executed in 2011, this work is number 2 from an edition of 3 plus 1 artist's proof and is accompanied by a certificate of authenticity signed by the artist.
Another example from this edition is housed in the permanent collection of the National Museum of Modern and Contemporary Art, Seoul.
each 8 x 57 3/4 x 57 3/4 in. (20.3 x 146.7 x 146.7 cm)
Executed in 2011, this work is number 2 from an edition of 3 plus 1 artist's proof and is accompanied by a certificate of authenticity signed by the artist.
Another example from this edition is housed in the permanent collection of the National Museum of Modern and Contemporary Art, Seoul.
Auction result well in line with expectations
In June 2021 Phillips in New York held the auction 20th Century & Contemporary Art Day Sale, Afternoon Session, which included the work Untitled (Twin Towers) by Iván Navarro. The estimated price for the artwork was previously given by the auction house with a range of USD 40,000.00 – 60,000.00, the actual price achieved of USD 40,320.00 (€ 34,031.06) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Iván Navarro - we have observed the highest auction result to date for the work Shortcut, which sold at auction in May 2013 for USD 161,000.00 (€ 123,960.58).
Auktionsergebnis im Rahmen der Erwartungen
Im Juni 2021 führte Phillips in New York die Auktion 20th Century & Contemporary Art Day Sale, Afternoon Session durch, in der auch die Arbeit Untitled (Twin Towers) von Iván Navarro zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 40.000,00 – 60.000,00 angegeben, der tatsächlich erzielte Preis von USD 40.320,00 (€ 34.031,06) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Iván Navarro mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Shortcut beobachtet, die im Mai 2013 für USD 161.000,00 (€ 123.960,58) versteigert wurde.
Iván Navarro - Auction history
Other artists in this auction
