John Giorno
Space Forgets You
Found at
Sothebys,
New York (Online Auction)
Contemporary Art Online | New York, Lot 197
6. Dec - 6. Dec 2019
Contemporary Art Online | New York, Lot 197
6. Dec - 6. Dec 2019
Estimate: 7.000 - 9.000 USD
Price realised: 6.875 USD
Price realised: 6.875 USD
Description
Property from an Important Private New York Collection
JOHN GIORNO
1936 - 2019
SPACE FORGETS YOU
signed and dated '14 on the reverse
watercolor on paper
Sheet: 40½ by 40⅛ in. (102.9 by 101.9 cm.)
Framed: 44⅛ by 44⅛ in. (112 by 112 cm.)
Elizabeth Dee Gallery, New York | Acquired from the above by the present owner
JOHN GIORNO
1936 - 2019
SPACE FORGETS YOU
signed and dated '14 on the reverse
watercolor on paper
Sheet: 40½ by 40⅛ in. (102.9 by 101.9 cm.)
Framed: 44⅛ by 44⅛ in. (112 by 112 cm.)
Elizabeth Dee Gallery, New York | Acquired from the above by the present owner
Auction result misses estimated price range
When the work Space Forgets You by John Giorno was auctioned at Sothebys in New York in December 2019, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 7,000.00 – 9,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 6,875.00 (€ 6,123.63). Admittedly, works by John Giorno have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work I AM WAITING IN LINE WITH MY GROCERIES AND I WANT TO GET AWAY WITHOUT INCIDENT in May 2017 with an auction result of USD 37,500.00 (€ 33,374.87).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Space Forgets You von John Giorno im Dezember 2019 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 7.000,00 – 9.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 6.875,00 (€ 6.123,63) den Besitzer. Freilich wurden Arbeiten von John Giorno auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit I AM WAITING IN LINE WITH MY GROCERIES AND I WANT TO GET AWAY WITHOUT INCIDENT im Mai 2017 mit einem Auktionsergebnis von USD 37.500,00 (€ 33.374,87).
John Giorno - Auction history
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