Jeff Elrod

Electric Blue

Found at Sothebys, New York
Contemporary Curated, Lot 176
12. Mar - 12. Mar 2021
Estimate: 60.000 - 80.000 USD
Price realised: 52.920 USD
Jeff Elrod
b. 1966
Electric Blue
acrylic on canvas
96 by 120 in. 243.8 by 304.8 cm.
Executed in 2002.
Leo Koenig Gallery, New York  | Acquired from the above by the present owner 

Auction result misses estimated price range

In March 2021 a collector was able to acquire the work Electric Blue by Jeff Elrod for USD 52,920.00 (€ 45,065.15). This price was achieved in the auction Contemporary Curated at Sothebys in New York and was even below the estimate range of USD 60,000.00 – 80,000.00 set by the auction house. Admittedly, works by Jeff Elrod have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Echo Painting (B/W) in June 2015 with an auction result of GBP 218,500.00 (€ 308,082.26).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im März 2021 konnte ein Sammler die Arbeit Electric Blue von Jeff Elrod für USD 52.920,00 (€ 45.065,15) erwerben. Dieser Preis wurde in der Auktion Contemporary Curated bei Sothebys in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 60.000,00 – 80.000,00. Freilich wurden Arbeiten von Jeff Elrod auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Echo Painting (B/W) im Juni 2015 mit einem Auktionsergebnis von GBP 218.500,00 (€ 308.082,26).

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