James Weeks

Untitled (Studio)

Found at Christies, New York (Online Auction)
First Open, Lot 117
11. Mar - 11. Mar 2021
Estimate: 1.500 - 2.000 USD
Price realised: 1.125 USD
James Weeks (1922-1998)
signed with artist's initials and dated 'JW '69' (lower right)
watercolor and pastel on paper
25<sup>3</sup>⁄<sub>4</sub> x 21<sup>1</sup>⁄<sub>4</sub> in. (65.4 x 54 cm.)
Executed in 1969.
Hirschl & Adler, New York

Auction result misses estimated price range

When the work Untitled (Studio) by James Weeks was auctioned at Christies in New York in March 2021, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 1,500.00 – 2,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 1,125.00 (€ 958.02). Of course, this price has nothing to do with the top prices that other works by James Weeks achieve. The highest price we have observed so far was reached by the work Bay Excursion #2 in November 2019 with an auction result of USD 43,750.00 (€ 39,704.15).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Untitled (Studio) von James Weeks im März 2021 bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 1.500,00 – 2.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 1.125,00 (€ 958,02) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von James Weeks erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Bay Excursion #2 im November 2019 mit einem Auktionsergebnis von USD 43.750,00 (€ 39.704,15).

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