Jennifer Guidi

As Light Hits Land (Turquoise And Red #1Mt, Multicolored Sand Sf #1A, Black Ground)

Found at Sothebys, New York
Contemporary Art Day Auction, Lot 409
17. May - 17. May 2019
Estimate: 20.000 - 30.000 USD
Price realised: 100.000 USD
Jennifer Guidi
B. 1972
AS LIGHT HITS LAND (TURQUOISE AND RED #1MT, MULTICOLORED SAND SF #1A, BLACK GROUND)
signed and dated 2019 on the reverse
sand, acrylic and oil on linen
21 by 15 in. 53.4 by 38.1 cm.
Courtesy the artist and David Kordansky Gallery, Los Angeles 

Artwork auctioned at three times the upper estimate price

When the work As Light Hits Land (Turquoise And Red #1Mt, Multicolored Sand Sf #1A, Black Ground) by Jennifer Guidi was auctioned at Sothebys in New York in May 2019, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 30,000.00 but the actual price achieved was more than three times as high at USD 100,000.00 (€ 89,694.14). Admittedly, works by Jennifer Guidi have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Elements of All Entities (Universe Mandala SF #6G, Green, Black Sand) in November 2021 with an auction result of USD 625,000.00 (€ 553,734.38).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Als die Arbeit As Light Hits Land (Turquoise And Red #1Mt, Multicolored Sand Sf #1A, Black Ground) von Jennifer Guidi im Mai 2019 bei Sothebys in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 30.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 100.000,00 (€ 89.694,14) mehr als dreimal so hoch. Freilich wurden Arbeiten von Jennifer Guidi auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Elements of All Entities (Universe Mandala SF #6G, Green, Black Sand) im November 2021 mit einem Auktionsergebnis von USD 625.000,00 (€ 553.734,38).

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