- Art.Salon
- Artists
- John Armstrong
- Friends Of Icarus
John Armstrong, A.R.A.
Friends Of Icarus
Found at
Sothebys,
London
Made in Britain, Lot 248
5. Apr - 5. Apr 2017
Made in Britain, Lot 248
5. Apr - 5. Apr 2017
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
John Armstrong, A.R.A.
1893-1973
FRIENDS OF ICARUS
signed and dated 58
oil on board
40.5 by 30.5cm.; 16 by 12in.
Private Collection | Their sale, Sotheby's London, 17th March 1976, lot 96, where acquired by the present owner
1893-1973
FRIENDS OF ICARUS
signed and dated 58
oil on board
40.5 by 30.5cm.; 16 by 12in.
Private Collection | Their sale, Sotheby's London, 17th March 1976, lot 96, where acquired by the present owner
Artwork auctioned at four times the upper estimate price
When the work Friends Of Icarus by John Armstrong was auctioned at Sothebys in London in April 2017, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 1,500.00 but the actual price achieved was more than four times as high at GBP 6,875.00 (€ 8,164.18). Of course, this price has nothing to do with the top prices that other works by John Armstrong achieve. The highest price we have observed so far was reached by the work Initial Study For The Poster 'Can Spring Be Far Behind' in April 2014 with an auction result of GBP 74,500.00 (€ 90,683.74).
Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert
Als die Arbeit Friends Of Icarus von John Armstrong im April 2017 bei Sothebys in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 1.500,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 6.875,00 (€ 8.164,18) mehr als viermal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von John Armstrong erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Initial Study For The Poster 'Can Spring Be Far Behind' im April 2014 mit einem Auktionsergebnis von GBP 74.500,00 (€ 90.683,74).
